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Alexandra vs Boorool

Property investment comparison - Alexandra, VIC 3714 vs Boorool, VIC 3953

Head-to-head across core investment metrics: Alexandra wins 1, Boorool wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAlexandraBoorool
Median house price$535K-
Median unit price--
Gross rental yield (houses)4.19%2.01%
Gross rental yield (units)4.60%-
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%0.5%
Population2,80154

Alexandra vs Boorool: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 2.01% in Boorool, a gap of 2.18 percentage points.

Rental vacancy is 0.5% in Boorool and 0.9% in Alexandra, so landlords in Boorool face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Alexandra is the bigger suburb, with a population of 2,801 against 54, roughly 52 times the size of Boorool; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra for rental income, Boorool for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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