Alexandra vs Mepunga West
Property investment comparison - Alexandra, VIC 3714 vs Mepunga West, VIC 3277
Head-to-head across core investment metrics: Alexandra wins 2, Mepunga West wins 0. 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 | Mepunga West |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $935K |
| Gross rental yield (houses) | 4.19% | - |
| Gross rental yield (units) | 4.60% | 2.60% |
| 1-year house growth | +7.9% | - |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 1.7% |
| Population | 2,801 | 83 |
Alexandra vs Mepunga West: what the numbers say
Rental vacancy is 0.9% in Alexandra and 1.7% in Mepunga West, 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 83, roughly 34 times the size of Mepunga West; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra 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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