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Alexandra vs Drouin South

Property investment comparison - Alexandra, VIC 3714 vs Drouin South, VIC 3818

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

MetricAlexandraDrouin South
Median house price$535K-
Median unit price-$665K
Gross rental yield (houses)4.19%-
Gross rental yield (units)4.60%4.12%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%2.1%
Population2,801343

Alexandra vs Drouin South: what the numbers say

Rental vacancy is 0.9% in Alexandra and 2.1% in Drouin South, 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 343, roughly 8 times the size of Drouin South; 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.

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