Alexandra vs Irrewillipe East
Property investment comparison - Alexandra, VIC 3714 vs Irrewillipe East, VIC 3249
Head-to-head across core investment metrics: Alexandra wins 0, Irrewillipe East 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 | Irrewillipe East |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.19% | - |
| Gross rental yield (units) | 4.60% | - |
| 1-year house growth | +7.9% | - |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 0.8% |
| Population | 2,801 | 84 |
Alexandra vs Irrewillipe East: what the numbers say
Rental vacancy is 0.8% in Irrewillipe East and 0.9% in Alexandra, so landlords in Irrewillipe East 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 84, roughly 33 times the size of Irrewillipe East; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Irrewillipe East 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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Irrewillipe East, VIC 3249
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