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Alexandra vs Foster North

Property investment comparison - Alexandra, VIC 3714 vs Foster North, VIC 3960

Head-to-head across core investment metrics: Alexandra wins 3, Foster North 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.

MetricAlexandraFoster North
Median house price$535K-
Median unit price-$565K
Gross rental yield (houses)4.19%-
Gross rental yield (units)4.60%3.15%
1-year house growth+7.9%+7.0%
3-year house growth+7.9%-
Vacancy rate0.9%1.5%
Population2,801152

Alexandra vs Foster North: what the numbers say

Over the past year house prices moved +7.9% in Alexandra and +7.0% in Foster North, so recent momentum favours Alexandra, although both suburbs recorded growth.

Rental vacancy is 0.9% in Alexandra and 1.5% in Foster North, 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 152, roughly 18 times the size of Foster North; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra for recent price momentum, 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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