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Alexandra vs Mansfield

Property investment comparison - Alexandra, VIC 3714 vs Mansfield, VIC 3722

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

MetricAlexandraMansfield
Median house price$535K-
Median unit price-$605K
Gross rental yield (houses)4.19%-
Gross rental yield (units)4.60%4.71%
1-year house growth+7.9%+1.3%
3-year house growth+7.9%-9.3%
Vacancy rate0.9%0.9%
Population2,8015,541

Alexandra vs Mansfield: what the numbers say

Over the past year house prices moved +7.9% in Alexandra and +1.3% in Mansfield, so recent momentum favours Alexandra, although both suburbs recorded growth.

Looking back three years, Alexandra houses are +7.9% and Mansfield houses -9.3%, so Alexandra has compounded faster than Mansfield over the longer window.

Rental vacancy is the same in both, at 0.9%.

Mansfield is the bigger suburb, with a population of 5,541 against 2,801, larger than Alexandra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra for recent price momentum. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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