Get a property report and suburb profile for any property in Alexandria

Alexandria has an industrial-meets-urban character where warehouses, woolstores and light industrial sites sit alongside contemporary apartments, townhouses and converted lofts. The Alexandra Canal and a scattering of parks and community gardens break up the streetscape, while cafes, restaurants, specialist retailers and creative studios cluster along Botany Road and surrounding streets. It is well connected by bus routes and road links and close to the Green Square precinct, so it attracts young professionals, creatives and families who want an inner-city lifestyle with an authentic, working-city feel and convenient access to city services.

About 9,649 people live in Alexandria and the median age is 34. Family life is dominated by couples, and homes are slightly more often rented than owner-occupied. The suburb is also the focus of City of Sydney planning work and a number of nearby transport and renewal projects are under way or planned, which may change local connections and amenity. Whether Alexandria suits you depends on whether you prefer a mixed-use, inner-city area with that working-city character.

On the figures for Alexandria, buying looks notably stretched against local incomes at the last Census. A median house price of $2,300,000 works out to about 16.7 times a typical local annual household income at the last Census, and the median unit price of $880,000 is about 6.4 times that annual income. Both sit well above what a typical local household earned at the last Census, with houses especially so.

Renting also takes a large share of income here: a house at $1,250 a week is about 47.1% of a typical local household's weekly income at the last Census, while a unit at $825 a week is about 31.1% (roughly a third). If you are renting rather than buying, those rent shares are the most relevant figures to consider.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The most striking movement is in house rents, which jumped 13.6% over the past year. In Alexandria, house values rose modestly, up 2.7%, while unit values increased modestly by 2.2%. Unit rents rose 3.1%, a modest gain that slightly outpaced unit value growth. Put simply, the rent a house earns has risen much faster than house prices did this year, while both houses and units saw only modest capital gains over the 12 months. If rental income is your priority, the house-rent figure is the most relevant; if capital growth matters more, the value changes were modest. Whether that makes Alexandria the right investment for you depends on your goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.