Alexandra vs Wando Vale
Property investment comparison - Alexandra, VIC 3714 vs Wando Vale, VIC 3312
Head-to-head across core investment metrics: Alexandra wins 1, Wando Vale 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 | Wando Vale |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.19% | 2.78% |
| Gross rental yield (units) | 4.60% | - |
| 1-year house growth | +7.9% | - |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | - |
| Population | 2,801 | 96 |
Alexandra vs Wando Vale: what the numbers say
On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 2.78% in Wando Vale, a gap of 1.41 percentage points.
Alexandra is the bigger suburb, with a population of 2,801 against 96, roughly 29 times the size of Wando Vale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra for rental income. 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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