Alexandra vs Colac West
Property investment comparison - Alexandra, VIC 3714 vs Colac West, VIC 3250
Head-to-head across core investment metrics: Alexandra wins 2, Colac West 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 | Colac West |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $400K |
| Gross rental yield (houses) | 4.19% | - |
| Gross rental yield (units) | 4.60% | 4.51% |
| 1-year house growth | +7.9% | +5.2% |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 0.5% |
| Population | 2,801 | 89 |
Alexandra vs Colac West: what the numbers say
Over the past year house prices moved +7.9% in Alexandra and +5.2% in Colac West, so recent momentum favours Alexandra, although both suburbs recorded growth.
Rental vacancy is 0.5% in Colac West and 0.9% in Alexandra, so landlords in Colac West 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 89, roughly 31 times the size of Colac West; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra for recent price momentum, Colac West 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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