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Alexandra vs Granite Rock

Property investment comparison - Alexandra, VIC 3714 vs Granite Rock, VIC 3875

Head-to-head across core investment metrics: Alexandra wins 3, Granite Rock 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.

MetricAlexandraGranite Rock
Median house price$535K-
Median unit price-$540K
Gross rental yield (houses)4.19%3.60%
Gross rental yield (units)4.60%3.89%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%6.7%
Population2,801261

Alexandra vs Granite Rock: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.60% in Granite Rock, a gap of 0.59 percentage points.

Rental vacancy is 0.9% in Alexandra and 6.7% in Granite Rock, 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 261, roughly 11 times the size of Granite Rock; 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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