Alexandria (postcode 2015) is an inner southern suburb of Sydney, located approximately 5 kilometres south of the CBD within the City of Sydney local government area. On the ABS SEIFA Index of Relative Socio-economic Advantage and Disadvantage (IRSAD), it records a raw score of 1165 against a national mean of 1000, placing it in decile 10 of 10 and at the 97th state percentile within New South Wales. That reading puts Alexandria among the most socio-economically advantaged postcodes in the country, not just the state. PropertyRanker uses this figure as a primary input into three of its twelve scoring criteria: economic_strength, hazard_risk, and entry_point_risk.
ABS 2021 IRSAD release. Score 1165 (national mean = 1000).
A SEIFA score of 1165 signals a postcode where residents tend to have high incomes, strong educational attainment, and low rates of economic disadvantage. For PropertyRanker's model, that translates to a favourable macro backdrop on the economic_strength criterion, a lower-than-average hazard_risk reading (socio-economic stress is itself a risk multiplier in the model), and a moderately elevated entry_point_risk flag, because highly advantaged inner-city postcodes typically carry premium pricing that compresses gross yields. Investors should weigh that tension carefully. Alexandria's character is genuinely mixed: it retains a significant industrial and light-commercial footprint alongside medium-to-high density residential pockets, and the Green Square precinct in its north-east corner is still mid-cycle in a large urban renewal program that is adding modern retail, commercial, and residential stock. That supply pipeline is a variable the SEIFA score cannot see. The suburb is served by multiple rail stations including Green Square, St Peters, and Erskineville, and sits within a City of Sydney planning environment that has historically supported higher-density approvals. At a SEIFA decile of 10, the postcode frame is consistent with PropertyRanker's Capital Growth strategy profile, where the gross-yield anchor sits around 3.5 percent and the thesis rests on long-run demand from a high-income, CBD-proximate catchment. A Balanced strategy (around 5 percent gross yield) is possible on certain stock types but would require careful verification of current rental conditions. High Yield and Regional strategy anchors of 6 to 7 percent are unlikely to be achievable here without accepting material risk on the entry price paid. None of that is a verdict on any specific listing. A strong postcode-level SEIFA reading does not make a property a sound investment, and a weak reading does not rule one out. The score is one of twelve signals in the model.
According to CoreLogic data published by yourinvestmentpropertymag.com.au, Alexandria NSW recorded a median house price of $2,275,000 in the 12 months to February 2026, representing annual capital growth of 8.33%, with 65 house sales and an average of 28 days on market. Separately, inthesuburbs.com.au citing NSW Valuer General data reported a 2025 full-year median house price of $2,243,000, up 6.6% on the prior year, while propertyvalue.com.au (Cotality) noted a vendor discount of -5.7% for houses over the same period.
Vacancy, days on market and vendor discount were not assessed for this suburb in the latest refresh, so we are not calling a market temperature here. Score a specific listing for a current read.
Sources: Alexandria NSW 2015: Suburb Profile & Property Report (2026-05-09); Alexandria NSW 2015 | Urban Renewal Suburb (2026-01-01); Alexandria House Prices & Property Trends (2026-01-01) · Refreshed 26 Sep 2026
Alexandria's property story over the past year has been dominated by transport and precinct-scale renewal tied to the new Waterloo Metro station and the Botany Road commercial and affordable housing precinct. Several large residential, affordable housing and commercial schemes are moving through State Significant and City of Sydney planning pathways along Botany Road and Gardeners Road, while nearby Green Square and Waterloo continue to add density and public transport capacity. Investors researching Alexandria should note the mix of luxury apartment proposals, affordable housing delivery and new commercial floorspace all clustering around the same transport corridor.
The new Waterloo Metro station on the Sydney Metro City and Southwest line finished construction and was described by the NSW Government as a game changer for Waterloo, Redfern and Alexandria, reducing pressure on nearby Green Square and Redfern stations. It sits within walking distance of parts of Alexandria and is expected to carry close to 19,000 passengers a day.
Sydney Metro's first new city station complete, NSW Government (2024-05-27)
A plan for shoptop housing at 444-450 Gardeners Road, Alexandria, including about 120 apartments plus commercial showrooms and a cafe, has been declared State Significant Development under the Housing Delivery Authority, allowing it to bypass the normal council DA process.
Gurner's Alexandria Scheme Wins State Significant Status, The Urban Developer (2026-03-27)
Blueshore Development Group has unveiled Alexandria House, a $74 million mixed-use commercial development at 158 Botany Road that won the City of Sydney's Design Excellence Competition, positioned about 200 metres from the new Waterloo Metro precinct.
Alexandria House redefines Sydney's evolving Botany Road, Build Australia (2025-11-06)
The Botany Road Precinct in Alexandria was rezoned by City of Sydney council to incentivise new commercial and affordable rental housing, prompting proposals such as City West Housing's 104 affordable apartments at 216-220 Wyndham Street near Green Square and the future Waterloo Metro Station.
City West Plans 10-Storey Tower in Sydney's Alexandria, The Urban Developer (2026-03-27)
A project at 326-328 Botany Road, Alexandria, opposite the Green Square Library and Plaza, already has stage one development approval and is progressing with a new concept by Cox Architects for ground floor retail, upper level offices and a rooftop bar, part of a wider push for A-grade office space in the Alexandria, Mascot and Rosebery area.
Developer Lodges Alexandria Office Block Plans, The Urban Developer (2026-03-30)
City of Sydney consulted on a draft planning agreement tied to a development application at 134-136 Botany Road, Alexandria, which would dedicate footway land along Botany Lane and land for future Transport for NSW road widening.
Draft planning agreement: 134-136 Botany Road, Alexandria, City of Sydney (2025-11-20)
Updated 12 Jul 2026. Items link to their original sources. Compiled by AI from public reporting; verify anything material before relying on it.
PropertyRanker scores any Australian property against 12 criteria across three pillars: Growth, Cashflow, and Risk. SEIFA is a primary signal for economic strength and a supporting one for entry-price risk. It also informs the crime side of hazard risk, though physical overlays like flood, bushfire and coastal exposure, and recorded crime data where available, take priority there. The decile of 10 shown above gives a listing in Alexandria a stronger starting line on economic strength than the national median postcode, and a softer one on entry-price risk, since more advantaged postcodes usually carry higher entry prices.
On top of that, PropertyRanker chooses one of four strategies (Balanced, Growth, Yield, Regional) and applies a per-strategy yield anchor. The anchors are 3.5% for Growth, 5% for Balanced, 6% for Yield, and 7% for Regional. A postcode at this level of relative advantage tends to suit the Growth (3.5% anchor) and Balanced (5% anchor) strategies more readily than Yield (6%) or Regional (7%), because a higher entry price compresses the gross yield a listing can reach without a specific value-add.
Read the scoring guide for the full criteria list and how the verdict thresholds work.
Before drawing any conclusion from the SEIFA reading, an investor should confirm several things at the listing level that a postcode-level index cannot see. First, check current SQM Research vacancy data for postcode 2015; the Green Square supply pipeline has added significant unit stock in recent years and vacancy can move independently of the suburb's socio-economic profile. Second, for any strata or apartment title, obtain the owners corporation records and confirm the sinking fund balance and any outstanding special levies; Alexandria's converted warehouse and new high-rise stock carries a wide range of body corporate health outcomes. Third, review the NSW Planning Portal for any flood overlay, acid sulfate soils designation, or heritage constraint on the specific lot, as Alexandria's industrial history and proximity to Alexandra Canal mean site-specific overlays vary considerably street by street. Fourth, compare the asking price against recent comparable sales in the same stock type and building, not just the suburb median. Finally, score the specific listing in PropertyRanker to receive a verdict that integrates all twelve criteria, including the live SQM vacancy signal, overlay status, body corporate flags, and pricing against recent comparable sales, none of which a postcode-level SEIFA reading can capture.
Alexandria's SEIFA IRSAD score of 1165 (decile 10 of 10, 97th state percentile in NSW) indicates a very strong macro backdrop in terms of economic_strength, which is one of twelve criteria PropertyRanker uses to score a listing. That said, a high SEIFA reading does not by itself make a suburb or a specific property a sound investment; it means the postcode frame is advantaged, not that every listing within it is priced correctly or will perform well. Investors should score the specific listing in PropertyRanker to account for current vacancy, supply pipeline from the Green Square urban renewal precinct, and pricing against recent comparable sales.
The SEIFA decile 10 reading and Alexandria's inner-city location within the City of Sydney LGA are most consistent with PropertyRanker's Capital Growth strategy, which anchors around a 3.5 percent gross yield and relies on long-run demand from a high-income, CBD-proximate catchment. A Balanced strategy (around 5 percent gross yield) may be achievable on certain stock types, but investors should verify current rental conditions before assuming it. High Yield and Regional strategy anchors of 6 to 7 percent are unlikely to be realistic here without accepting significant entry-price risk, though the specific listing score in PropertyRanker will give a more precise read.
The primary risks to verify at the listing level include the ongoing supply of new apartments from the Green Square urban renewal precinct, which can put upward pressure on vacancy rates independently of the suburb's strong SEIFA profile. Body corporate health varies widely across Alexandria's mix of converted warehouses and new high-rise stock, so sinking fund adequacy is a material due-diligence item. Site-specific overlays including flood risk near Alexandra Canal and acid sulfate soils designations also vary street by street, and these are not visible in a postcode-level SEIFA reading. Entry-point risk is also elevated in a decile 10 postcode, where premium pricing can compress gross yields below strategy thresholds.
PropertyRanker uses the SEIFA IRSAD reading as a primary input into three of its twelve scoring criteria: economic_strength, hazard_risk, and entry_point_risk. Alexandria's raw score of 1165 (national mean 1000) contributes positively to economic_strength and hazard_risk, but also flags elevated entry_point_risk because highly advantaged inner-city postcodes typically carry premium pricing that compresses yields. SEIFA sits on the macro side of the model and cannot see the specific street, the strata title, the build year, the orientation, or the current SQM vacancy rate; those are captured by the remaining criteria when you score the specific listing.
Alexandria (2015), Erskineville (2043), and Waterloo (2017) all sit within the City of Sydney LGA and share a broadly similar inner-south Sydney location, so their macro SEIFA frames are comparable at a high level. The key differences for investors lie at the listing level: stock type, body corporate health, overlay status, and proximity to the Green Square supply pipeline differ meaningfully between and within these postcodes. Rather than comparing suburbs in aggregate, PropertyRanker recommends scoring the specific listing in each postcode to get a verdict that accounts for those property-level variables alongside the shared macro backdrop.
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