Alexandra vs Halls Gap
Property investment comparison - Alexandra, VIC 3714 vs Halls Gap, VIC 3381
Head-to-head across core investment metrics: Alexandra wins 4, Halls Gap 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.
| Metric | Alexandra | Halls Gap |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $445K |
| Gross rental yield (houses) | 4.19% | 3.63% |
| Gross rental yield (units) | 4.60% | 4.44% |
| 1-year house growth | +7.9% | +2.8%estimate |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 1.1% |
| Population | 2,801 | 495 |
Alexandra vs Halls Gap: what the numbers say
On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.63% in Halls Gap, a gap of 0.56 percentage points.
Over the past year house prices moved +7.9% in Alexandra and +2.8% in Halls Gap (an estimate), so recent momentum favours Alexandra, although both suburbs recorded growth.
Rental vacancy is 0.9% in Alexandra and 1.1% in Halls Gap, 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 495, roughly 6 times the size of Halls Gap; 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.
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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