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Alexandra vs Haddon

Property investment comparison - Alexandra, VIC 3714 vs Haddon, VIC 3351

Head-to-head across core investment metrics: Alexandra wins 5, Haddon 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.

MetricAlexandraHaddon
Median house price$535K-
Median unit price-$585K
Gross rental yield (houses)4.19%3.30%
Gross rental yield (units)4.60%2.74%
1-year house growth+7.9%+3.3%
3-year house growth+7.9%-14.0%
Vacancy rate0.9%6.8%
Population2,8011,276

Alexandra vs Haddon: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.30% in Haddon, a gap of 0.89 percentage points.

Over the past year house prices moved +7.9% in Alexandra and +3.3% in Haddon, so recent momentum favours Alexandra, although both suburbs recorded growth.

Looking back three years, Alexandra houses are +7.9% and Haddon houses -14.0%, so Alexandra has compounded faster than Haddon over the longer window.

Rental vacancy is 0.9% in Alexandra and 6.8% in Haddon, 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 1,276, roughly 2.2 times the size of Haddon; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra for rental income, 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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