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Alexandra vs Glenmaggie

Property investment comparison - Alexandra, VIC 3714 vs Glenmaggie, VIC 3858

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

MetricAlexandraGlenmaggie
Median house price$535K-
Median unit price-$405K
Gross rental yield (houses)4.19%-
Gross rental yield (units)4.60%2.93%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%3.5%
Population2,801279

Alexandra vs Glenmaggie: what the numbers say

Rental vacancy is 0.9% in Alexandra and 3.5% in Glenmaggie, 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 279, roughly 10 times the size of Glenmaggie; 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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