Alexandra vs Koroit
Property investment comparison - Alexandra, VIC 3714 vs Koroit, VIC 3282
Head-to-head across core investment metrics: Alexandra wins 1, Koroit wins 3. 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 | Koroit |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.19% | 5.00% |
| Gross rental yield (units) | 4.60% | 2.43% |
| 1-year house growth | +7.9% | +12.5%estimate |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 0.4% |
| Population | 2,801 | 2,184 |
Alexandra vs Koroit: what the numbers say
On cash flow, Koroit leads: houses there return a gross rental yield of 5.00%, compared with 4.19% in Alexandra, a gap of 0.81 percentage points.
Over the past year house prices moved +7.9% in Alexandra and +12.5% in Koroit (an estimate), so recent momentum favours Koroit, although both suburbs recorded growth.
Rental vacancy is 0.4% in Koroit and 0.9% in Alexandra, so landlords in Koroit 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 2,184, larger than Koroit; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Koroit for rental income, Koroit for recent price momentum, Koroit 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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