Alexandra vs Perry Bridge
Property investment comparison - Alexandra, VIC 3714 vs Perry Bridge, VIC 3862
Head-to-head across core investment metrics: Alexandra wins 1, Perry Bridge 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.
| Metric | Alexandra | Perry Bridge |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $665K |
| Gross rental yield (houses) | 4.19% | 4.37% |
| Gross rental yield (units) | 4.60% | 2.49% |
| 1-year house growth | +7.9% | - |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 0.8% |
| Population | 2,801 | 72 |
Alexandra vs Perry Bridge: what the numbers say
On cash flow, Perry Bridge leads: houses there return a gross rental yield of 4.37%, compared with 4.19% in Alexandra, a gap of 0.18 percentage points.
Rental vacancy is 0.8% in Perry Bridge and 0.9% in Alexandra, so landlords in Perry Bridge 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 72, roughly 39 times the size of Perry Bridge; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Perry Bridge for rental income, Perry Bridge 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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