Alexandra vs Bunkers Hill
Property investment comparison - Alexandra, VIC 3714 vs Bunkers Hill, VIC 3352
Head-to-head across core investment metrics: Alexandra wins 1, Bunkers Hill 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.
| Metric | Alexandra | Bunkers Hill |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.19% | - |
| Gross rental yield (units) | 4.60% | - |
| 1-year house growth | +7.9% | - |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 1.9% |
| Population | 2,801 | 270 |
Alexandra vs Bunkers Hill: what the numbers say
Rental vacancy is 0.9% in Alexandra and 1.9% in Bunkers Hill, 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 270, roughly 10 times the size of Bunkers Hill; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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