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Alexandra vs Borung

Property investment comparison - Alexandra, VIC 3714 vs Borung, VIC 3518

Head-to-head across core investment metrics: Alexandra wins 2, Borung wins 0. 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.

MetricAlexandraBorung
Median house price$535K-
Median unit price--
Gross rental yield (houses)4.19%3.19%
Gross rental yield (units)4.60%-
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%4.8%
Population2,80159

Alexandra vs Borung: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.19% in Borung, a gap of 1.00 percentage points.

Rental vacancy is 0.9% in Alexandra and 4.8% in Borung, so landlords in Alexandra 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 59, roughly 47 times the size of Borung; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra for rental income, Alexandra 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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