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Alexandra vs Woorndoo

Property investment comparison - Alexandra, VIC 3714 vs Woorndoo, VIC 3272

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

MetricAlexandraWoorndoo
Median house price$535K-
Median unit price-$435K
Gross rental yield (houses)4.19%9.14%
Gross rental yield (units)4.60%2.35%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%1.2%
Population2,801160

Alexandra vs Woorndoo: what the numbers say

On cash flow, Woorndoo leads: houses there return a gross rental yield of 9.14%, compared with 4.19% in Alexandra, a gap of 4.95 percentage points.

Rental vacancy is 0.9% in Alexandra and 1.2% in Woorndoo, 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 160, roughly 18 times the size of Woorndoo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Woorndoo 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 Woorndoo: Property Investment Comparison (2026)