Alexandra vs Southern Cross
Property investment comparison - Alexandra, VIC 3714 vs Southern Cross, VIC 3283
Head-to-head across core investment metrics: Alexandra wins 3, Southern Cross 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 | Southern Cross |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $295K |
| Gross rental yield (houses) | 4.19% | 2.11% |
| Gross rental yield (units) | 4.60% | 3.39% |
| 1-year house growth | +7.9% | - |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 5.7% |
| Population | 2,801 | 128 |
Alexandra vs Southern Cross: what the numbers say
On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 2.11% in Southern Cross, a gap of 2.08 percentage points.
Rental vacancy is 0.9% in Alexandra and 5.7% in Southern Cross, 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 128, roughly 22 times the size of Southern Cross; 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.
Full profile
Southern Cross, VIC 3283
Open Southern Cross suburb profileRecent sales in Southern Cross
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
Compare any 2-4 Australian suburbs
Build your own multi-suburb comparison with the full interactive tool.
Open interactive comparison