Alexandra vs North Wangaratta
Property investment comparison - Alexandra, VIC 3714 vs North Wangaratta, VIC 3678
Head-to-head across core investment metrics: Alexandra wins 3, North Wangaratta 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 | North Wangaratta |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $365K |
| Gross rental yield (houses) | 4.19% | - |
| Gross rental yield (units) | 4.60% | 3.57% |
| 1-year house growth | +7.9% | -18.0% |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 1.9% |
| Population | 2,801 | 282 |
Alexandra vs North Wangaratta: what the numbers say
Over the past year house prices moved +7.9% in Alexandra and -18.0% in North Wangaratta, so recent momentum favours Alexandra, while North Wangaratta went backwards.
Rental vacancy is 0.9% in Alexandra and 1.9% in North Wangaratta, 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 282, roughly 10 times the size of North Wangaratta; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra for recent price momentum, 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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North Wangaratta, VIC 3678
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