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Alexandria is a fantastic place to live, offering a unique blend of urban charm and modern convenience. This delightful suburb is known for its vibrant atmosphere, where the echoes of its industrial past meet the buzz of contemporary urban life. Families will find Alexandria particularly appealing due to its proximity to excellent schools and the abundance of parks and green spaces, providing plenty of opportunities for outdoor activities and family outings. The suburb's strong sense of community and welcoming vibe make it an ideal place for families to establish roots.

Living in Alexandria means enjoying the perks of a lively café culture, boutique shopping, and a burgeoning arts scene, all within easy reach. The suburb's strategic location just a short distance from the CBD ensures that residents have convenient access to work and leisure, with excellent public transport options enhancing connectivity. Safety is generally not a major concern, contributing to the suburb's appeal as a family-friendly area.

However, there are some trade-offs to consider. The popularity of Alexandria means that property prices can be on the higher side, and the housing landscape is diverse, with a mix of modern apartments and charming terraces. While the suburb is bustling with activity, those seeking a quieter lifestyle might find the urban hustle and bustle a bit overwhelming. Despite these trade-offs, Alexandria's dynamic atmosphere and convenient location make it a sought-after destination for those seeking a lively urban lifestyle with a strong sense of community.

Living in Alexandria can be quite pricey, reflecting its desirable location and vibrant atmosphere. The current median house price is around $2,100,000, while units are slightly more affordable at $965,000. Renters will find that the average rent for houses over the past year is about $950 per week, and for units, it's around $790 per week. These figures suggest that housing costs in Alexandria are on the higher end of the spectrum.

When comparing these costs to the average wage in Alexandria, which is approximately $86,000 per year, it's clear that a significant portion of one's income would need to be allocated towards housing expenses. The median total household income in Alexandria is $2,654 per week, which is higher than the average income in many other parts of Sydney. However, even with this relatively high income, the cost of living, particularly in terms of housing, can still be a financial stretch for many.

Overall, while Alexandria offers a lively community with plenty of amenities and attractions, the cost of living is quite high. If you are thinking of living in Alexandria, it's important to carefully consider your financial situation to ensure you can comfortably manage the expenses associated with residing in this popular suburb.

Alexandria is shaping up to be a promising suburb for investment, particularly for those interested in both capital growth and rental yield. Over the past year, the median house value in Alexandria has increased by 6.8%, indicating a healthy appreciation in property prices. This growth is complemented by a 5.6% rise in house rents, suggesting strong demand from renters and a potential for steady rental income.

Units in Alexandria have also shown positive trends, with a 1.7% increase in median value over the last 12 months. While this growth is more modest compared to houses, the rental market for units has been particularly robust, with an impressive 8.2% increase in rent. This suggests that units are becoming increasingly attractive to renters, possibly due to their affordability compared to houses.

Overall, Alexandria offers a balanced investment opportunity with both capital growth and rental yield potential. Its proximity to the city and vibrant community appeal make it a desirable location for both buyers and renters. While houses have shown stronger capital growth, units offer compelling rental returns, making Alexandria a well-rounded choice for investors looking to diversify their portfolio.