Alexandra vs Gormandale
Property investment comparison - Alexandra, VIC 3714 vs Gormandale, VIC 3873
Head-to-head across core investment metrics: Alexandra wins 2, Gormandale 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 | Gormandale |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $450K |
| Gross rental yield (houses) | 4.19% | 3.60% |
| Gross rental yield (units) | 4.60% | 5.80% |
| 1-year house growth | +7.9% | +7.2% |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | - |
| Population | 2,801 | 324 |
Alexandra vs Gormandale: what the numbers say
On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.60% in Gormandale, a gap of 0.59 percentage points.
Over the past year house prices moved +7.9% in Alexandra and +7.2% in Gormandale, so recent momentum favours Alexandra, although both suburbs recorded growth.
Alexandra is the bigger suburb, with a population of 2,801 against 324, roughly 9 times the size of Gormandale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra for rental income, Alexandra for recent price momentum. 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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