Alexandra vs Won Wron
Property investment comparison - Alexandra, VIC 3714 vs Won Wron, VIC 3971
Head-to-head across core investment metrics: Alexandra wins 2, Won Wron wins 1. 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 | Won Wron |
|---|---|---|
| Median house price | $535K | - |
| Median unit price | - | $480K |
| Gross rental yield (houses) | 4.19% | 3.69% |
| Gross rental yield (units) | 4.60% | 3.02% |
| 1-year house growth | +7.9% | - |
| 3-year house growth | +7.9% | - |
| Vacancy rate | 0.9% | 0.2% |
| Population | 2,801 | 196 |
Alexandra vs Won Wron: what the numbers say
On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.69% in Won Wron, a gap of 0.50 percentage points.
Rental vacancy is 0.2% in Won Wron and 0.9% in Alexandra, so landlords in Won Wron 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 196, roughly 14 times the size of Won Wron; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra for rental income, Won Wron 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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