Alexandra
A median age of 51 sets Alexandra 11 years above the national figure, making it one of Victoria's more distinctly older communities. Despite that demographic profile, house prices doubled over 14 years, rising from $261,000 in 2013 to $532,500 by mid-2024, a compound annual growth rate of 5.2%. Household income sits at the 17th percentile nationally, meaning most households earn below average, yet affordability remained stable because prices rose in line with incomes. The suburb covers 79.44 square kilometres at a density of just 35 people per km2, with 88.7% of dwellings being separate houses.
Population
2,801
Median Age
51.0
Household IncomeiMedian weekly household income (ABS Census)
$1,086/wk
DAs (12 months)iDevelopment Applications lodged in the past year
5
Median House
$532K
Apr-Jun 2024
The median house price of $532,500 as of April to June 2024 is well below the Victorian state median, making Alexandra relatively accessible for buyers priced out of metropolitan areas. Prices climbed from $261,000 in 2013 to a peak of $550,000 in 2022, then eased 3.2% to the current level, suggesting the post-COVID surge has cooled. Monthly mortgage repayments average $1,300, and mortgage-to-income at 27.6% is below the 30% stress threshold despite household income sitting at the 17th percentile nationally. Separate houses dominate at 88.7% of stock, with 3-bedroom homes the most common at 51.6% and 4-plus bedroom homes at 23.0%. Outright owners at 50.5% outnumber mortgage holders at 28.0%, a sign that many long-term residents have paid off their homes.
For Buyers
The median house price of $532,500 as of April to June 2024 is well below the Victorian state median, making Alexandra relatively accessible for buyers priced out of metropolitan areas. Prices climbed from $261,000 in 2013 to a peak of $550,000 in 2022, then eased 3.2% to the current level, suggesting the post-COVID surge has cooled. Monthly mortgage repayments average $1,300, and mortgage-to-income at 27.6% is below the 30% stress threshold despite household income sitting at the 17th percentile nationally. Separate houses dominate at 88.7% of stock, with 3-bedroom homes the most common at 51.6% and 4-plus bedroom homes at 23.0%. Outright owners at 50.5% outnumber mortgage holders at 28.0%, a sign that many long-term residents have paid off their homes.
For Investors
Renters make up 21.5% of households and weekly rent averages $240, which against the $532,500 median implies a gross yield near 2.4%, low by regional standards. The 10.1% vacancy rate is notably high, signalling genuine oversupply risk in the rental segment, so investors should weigh this carefully. Development activity is modest at 5 applications in the past 12 months, mostly 2-lot subdivisions rather than new dwelling supply. Migration is balanced, with average net overseas arrivals of 30 per year and internal net inflows of 26 per year, supporting slow but steady population growth. The 10-year population increase of 12% indicates steady underlying demand, and price growth since 2013 has been 104%, outperforming many comparable regional markets.
Development Activity
Total DAs
9
Last 12 Months
5
YoY ChangeiYear-over-year change in DA lodgements
+400.0%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Schools in Alexandra iICSEA: school advantage index. 1000 = national avg, higher = more advantaged
St Mary's School
Prep-6 · 134 students
Alexandra Primary School
Prep-6 · 156 students
Alexandra Secondary College
7-12 · 324 students
Demographics
The median age of 51 is 11 years above the national average, a gap that defines the suburb's character. The senior share rose 6.6 points over the decade while the working-age share fell 3.6 points, confirming an aging trajectory. Overseas-born residents represent only 11.2% of the population, which is 10.4 percentage points below the national figure, making this one of the more Anglo-Australian communities in Victoria. Ancestry is predominantly English (1,309 residents), followed by Scottish (399) and Irish (316). University qualifications reach 21.6%, which is 8.5 percentage points below the national average, consistent with the healthcare, construction and trade employment base. Average household size of 2.1 is 0.4 below national, reflecting the older couples and empty-nester profile.
Age Distribution
Bedrooms
Dwelling Structure
88.7%
Houses
6.6%
Townhouse
N/A
Apartment
Tenure
Half of all Alexandra households own their property outright, 50.5%, well above national norms, reflecting a long-established resident base with minimal debt. Mortgage holders account for 28.0% and renters 21.5%, a relatively low renter share for a regional town. Separate houses dominate at 88.7% with semi-detached at 6.6%, making this effectively a detached-house market. The 3-bedroom configuration leads at 51.6%, and 4-plus bedroom homes are 23.0%, suggesting larger lot sizes suited to family use or hobby farms. The median house price rose 104% from $261,000 in 2013 to $532,500 in mid-2024, a compound annual rate of 5.2% over 14 years, comparable to many regional markets that saw capital growth rather than just yield. Rent-to-income at 22.1% keeps tenants below the standard stress threshold.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,300
Rent / wk
$240
HH Size
2.1
Personal Income / wk
$629
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
10.1%
Unoccupied
139
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
22.1%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
27.6%
Community Profile
Ancestry
Household Composition
37.2%
Couples, no children
2,020
Total families
Economy & Employment
Healthcare employs the largest share of local workers at 19.2% (143 residents), followed by Education at 13.7% (102) and Construction at 12.2% (91), reflecting a service-town structure typical of regional Victoria. Public Administration adds 9.9% (74) and Retail 8.5% (63). Professionals lead by occupation count (169), followed closely by Managers (158), Community and Personal workers (155), Labourers (140) and Clerical staff (139), indicating a balanced skills mix. The unemployment rate of 3.9% is low, though the participation rate of only 46.1% is below state norms because 1,072 residents are not in the labour force, largely owing to the older age profile. Household income at the 17th percentile nationally reflects the lower-wage regional structure, and real income growth was 14.6% over the decade. SEIFA decile 4 on IRSD and IRSAD confirms moderate disadvantage compared to the national distribution.
Unemployment
5.8%
Labour Force
3,264
Unemployed
189
Quarterly Trend
Source: SALM Dec-25
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
58.9%
Part-time
37.2%
Participation
46.1%
Employed
1,058
Occupations
Top Industries
University
21.6%
Postgraduate
3.9%
Born Overseas
11.2%
Dwellings
1,231
Transport to Work
Car dependence is high, with 83.5% of residents driving to work and only 0.7% using public transport, reflecting the rural setting 120 kilometres from Melbourne. Walking and cycling account for 11.7% of commutes, above average for a regional centre of this size. No schools appear in the dataset for the Alexandra boundary, so families rely on schools in surrounding areas. The crime rate of 50.7 incidents per 1,000 residents is moderate; property and deception offences lead at 65 recorded incidents, followed by justice procedures (31) and crimes against the person (29). The volunteering rate of 24.7% is high compared to metropolitan averages, pointing to strong community participation. Only 8.5% of residents need daily assistance, which is modest given the older demographic. IRSAD decile 4 nationally confirms moderate disadvantage, consistent with lower incomes in a regional setting.
Drive
83.5%
Public Transport
0.7%
Walk / Cycle
11.7%
Work from Home
N/A
Population Forecast
+0.53%/yr
(+36 people/yr)
EstablishedPopulation grew 12% over the 10 years to 2021 and the forecast adds roughly 36 people per year, reaching an estimated 7,078 by 2031 under the medium scenario compared to 6,849 in 2025. Annual growth of 0.53% is slow but steady. Migration is balanced, with net overseas arrivals averaging 30 per year and internal inflows of 26 per year, supporting demand without the volatility of speculative migration. The gentrification score of 44 places Alexandra at early signs of change, with population up 10% since 2011 as the main signal, though reclassification as Not Gentrifying in the formal scale means the suburb is not yet attracting higher-income displacing residents. Rent growth of 47.1% over the period outpaced income growth of 14.6%, squeezing affordability for renters in an otherwise stable market.
Historical + Forecast
Hamilton-Perry + Holt smoothing on ERP 2001-2025
Age Cohort Forecast
Primary Driver
Balanced
Net Overseas / yr
+30
Net Internal / yr
+26
Gentrification Signal
Not gentrifying
Population +10% since 2011
Safety & Crime
Total Offences
142
Year ending June 2024
Rate per 1,000 People
50.7
Offence Categories
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Alexandra compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Alexandra a good suburb to live in?
Alexandra suits buyers and retirees seeking affordable regional living. The median house price of $532,500 is below metropolitan Victoria, and 50.5% of residents own their homes outright. The volunteering rate of 24.7% reflects genuine community participation. The main trade-off is high car dependence at 83.5% and a 10.1% vacancy rate in the rental market.
What is the median house price in Alexandra?
The median house price is $532,500, recorded in the April to June 2024 quarter. Prices doubled from $261,000 in 2013, a compound annual growth rate of 5.2% over 14 years. Monthly mortgage repayments average $1,300, and mortgage-to-income at 27.6% stays below the 30% stress threshold.
What schools are in Alexandra?
No schools are recorded within the Alexandra boundary in this dataset. Families rely on schools in neighbouring towns. The suburb has 2,801 residents across 79.44 square kilometres, and 21.6% hold university qualifications, which is 8.5 percentage points below the national figure.
Is Alexandra safe?
Alexandra recorded 142 total crimes in the reference period, giving a rate of 50.7 incidents per 1,000 residents. Property and deception offences account for 65 incidents, crimes against the person 29. As a reference point, the suburb scores SEIFA IRSD decile 4, indicating moderate disadvantage nationally, not the lowest-risk category but not extreme.
Is Alexandra good for property investment?
The 104% price growth since 2013 and a 5.2% compound annual rate are solid for a regional market. However, the 10.1% vacancy rate and $240 weekly rent imply a gross yield near 2.4%, which is low. Annual population growth of 0.53% and balanced net migration of about 56 people per year support steady rather than strong demand.
How is Alexandra's population changing?
Alexandra's population grew 12% over 10 years and sits at an estimated 6,849 in 2025. The medium forecast projects 7,078 residents by 2031, adding roughly 36 people per year. The trend is aging, with the senior share up 6.6 points and the working-age share down 3.6 points since 2011.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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