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Alexandra vs Bushfield

Property investment comparison - Alexandra, VIC 3714 vs Bushfield, VIC 3281

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

MetricAlexandraBushfield
Median house price$535K-
Median unit price-$340K
Gross rental yield (houses)4.19%3.04%
Gross rental yield (units)4.60%3.49%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%0.7%
Population2,801596

Alexandra vs Bushfield: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.04% in Bushfield, a gap of 1.15 percentage points.

Rental vacancy is 0.7% in Bushfield and 0.9% in Alexandra, so landlords in Bushfield 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 596, roughly 4.7 times the size of Bushfield; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra for rental income, Bushfield 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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Alexandra vs Bushfield: Suburb Comparison 2026