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Alexandra vs Scotchmans Lead

Property investment comparison - Alexandra, VIC 3714 vs Scotchmans Lead, VIC 3352

Head-to-head across core investment metrics: Alexandra wins 2, Scotchmans Lead 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.

MetricAlexandraScotchmans Lead
Median house price$535K-
Median unit price--
Gross rental yield (houses)4.19%2.70%
Gross rental yield (units)4.60%-
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%1.8%
Population2,801105

Alexandra vs Scotchmans Lead: what the numbers say

On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 2.70% in Scotchmans Lead, a gap of 1.49 percentage points.

Rental vacancy is 0.9% in Alexandra and 1.8% in Scotchmans Lead, 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 105, roughly 27 times the size of Scotchmans Lead; 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 Scotchmans Lead: Suburb Comparison 2026