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Alexandra vs Maindample

Property investment comparison - Alexandra, VIC 3714 vs Maindample, VIC 3723

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

MetricAlexandraMaindample
Median house price$535K-
Median unit price-$450K
Gross rental yield (houses)4.19%2.20%
Gross rental yield (units)4.60%9.27%
1-year house growth+7.9%-11.2%
3-year house growth+7.9%-
Vacancy rate0.9%8.5%
Population2,801239

Alexandra vs Maindample: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 2.20% in Maindample, a gap of 1.99 percentage points.

Over the past year house prices moved +7.9% in Alexandra and -11.2% in Maindample, so recent momentum favours Alexandra, while Maindample went backwards.

Rental vacancy is 0.9% in Alexandra and 8.5% in Maindample, 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 239, roughly 12 times the size of Maindample; 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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