Alexandra vs Mallacoota
Property investment comparison - Alexandra, VIC 3714 vs Mallacoota, VIC 3892
Head-to-head across core investment metrics: Alexandra wins 2, Mallacoota 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 | Mallacoota |
|---|---|---|
| Median house price | $535K | $540K |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.19% | - |
| Gross rental yield (units) | 4.60% | - |
| 1-year house growth | +7.9% | +5.6%estimate |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 0.4% |
| Population | 2,801 | 1,183 |
Alexandra vs Mallacoota: what the numbers say
The median house price is $535K in Alexandra and $540K in Mallacoota, so Alexandra is the cheaper entry point, with Mallacoota houses about 1% dearer.
Over the past year house prices moved +7.9% in Alexandra and +5.6% in Mallacoota (an estimate), so recent momentum favours Alexandra, although both suburbs recorded growth.
Rental vacancy is 0.4% in Mallacoota and 0.9% in Alexandra, so landlords in Mallacoota 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 1,183, roughly 2.4 times the size of Mallacoota; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra for a lower purchase price, Alexandra for recent price momentum, Mallacoota 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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