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Alexandra vs Osbornes Flat

Property investment comparison - Alexandra, VIC 3714 vs Osbornes Flat, VIC 3691

Head-to-head across core investment metrics: Alexandra wins 2, Osbornes Flat 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.

MetricAlexandraOsbornes Flat
Median house price$535K-
Median unit price-$625K
Gross rental yield (houses)4.19%-
Gross rental yield (units)4.60%2.92%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%2.3%
Population2,801285

Alexandra vs Osbornes Flat: what the numbers say

Rental vacancy is 0.9% in Alexandra and 2.3% in Osbornes Flat, 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 285, roughly 10 times the size of Osbornes Flat; 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.

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