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Alexandra vs Newbridge

Property investment comparison - Alexandra, VIC 3714 vs Newbridge, VIC 3551

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

MetricAlexandraNewbridge
Median house price$535K-
Median unit price-$570K
Gross rental yield (houses)4.19%2.45%
Gross rental yield (units)4.60%4.46%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%1.7%
Population2,801171

Alexandra vs Newbridge: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 2.45% in Newbridge, a gap of 1.74 percentage points.

Rental vacancy is 0.9% in Alexandra and 1.7% in Newbridge, 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 171, roughly 16 times the size of Newbridge; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra for rental income, 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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Alexandra vs Newbridge: Suburb Comparison 2026