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Alexandra vs Naring

Property investment comparison - Alexandra, VIC 3714 vs Naring, VIC 3636

Head-to-head across core investment metrics: Alexandra wins 0, Naring wins 2. 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.

MetricAlexandraNaring
Median house price$535K-
Median unit price-$335K
Gross rental yield (houses)4.19%-
Gross rental yield (units)4.60%5.00%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%0.4%
Population2,801122

Alexandra vs Naring: what the numbers say

Rental vacancy is 0.4% in Naring and 0.9% in Alexandra, so landlords in Naring 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 122, roughly 23 times the size of Naring; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Naring 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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