Alexandra, VIC 3714 is a growing suburb with a total population of 2801. The demographic distribution shows a mix of age groups, with a strong representation of individuals aged 45 to 64 and those aged 65 or over. The suburb has a low vacancy rate and high demand for rental rooms, indicating a vibrant rental market. The most common occupations in the area include technicians and trade workers, professionals, and managers. Residents have a median household income slightly above the national average, with manageable mortgage repayments and weekly rent. For Houses: Alexandra presents a good opportunity for investors interested in renovating properties, as indicated by a high sale price IQR ratio. The market absorption rate suggests a balanced market with potential for price appreciation. With strong population growth over the years, there is potential for increasing property demand. For Units: Despite a lower IQR ratio, Units in Alexandra offer a stable rental yield and low vacancy rate. The high market absorption rate indicates quick property turnover, potentially appealing to investors looking for a fast ROI. Alexandra, VIC 3714 is a suburb characterised by a diverse demographic mix, moderate income levels, and steady population growth. With favourable rental market conditions and a variety of occupations represented in the area, the suburb offers investment opportunities for both House and Unit buyers. The educational advantage of students in the government schools is moderate. Overall, Alexandra presents a promising property market landscape for investors seeking long-term growth potential. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022