Alexandra vs Charleroi
Property investment comparison - Alexandra, VIC 3714 vs Charleroi, VIC 3695
Head-to-head across core investment metrics: Alexandra wins 1, Charleroi 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.
| Metric | Alexandra | Charleroi |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $400K |
| Gross rental yield (houses) | 4.19% | 4.37% |
| Gross rental yield (units) | 4.60% | 3.74% |
| 1-year house growth | +7.9% | - |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | - |
| Population | 2,801 | 82 |
Alexandra vs Charleroi: what the numbers say
On cash flow, Charleroi leads: houses there return a gross rental yield of 4.37%, compared with 4.19% in Alexandra, a gap of 0.18 percentage points.
Alexandra is the bigger suburb, with a population of 2,801 against 82, roughly 34 times the size of Charleroi; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Charleroi for rental income. 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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