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Alexandra vs Deans Marsh

Property investment comparison - Alexandra, VIC 3714 vs Deans Marsh, VIC 3235

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

MetricAlexandraDeans Marsh
Median house price$535K-
Median unit price-$875K
Gross rental yield (houses)4.19%3.33%
Gross rental yield (units)4.60%-
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%4.3%
Population2,801368

Alexandra vs Deans Marsh: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.33% in Deans Marsh, a gap of 0.86 percentage points.

Rental vacancy is 0.9% in Alexandra and 4.3% in Deans Marsh, 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 368, roughly 8 times the size of Deans Marsh; 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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Alexandra vs Deans Marsh: Suburb Comparison 2026