Suburb Profile Report for Allenstown QLD (4700)

Allenstown House: Median price $259,000, Annual capital growth 4.51%, Number of sales 47, Weekly median advertised rent $263

Allenstown Unit: Median price $263,500, Annual capital growth N/A, Number of sales 13, Weekly median advertised rent $285

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 1797th in the list of Australian suburbs ordered by increase in median house value over the last year, Allenstown, 4700 is in the top half with a property value increase of 5.71% recorded in median house prices.

Over the longer term, Allenstown has seen property prices show investors a -0.77% return over the last 3 years. This is an improvement over the last 12 months

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Allenstown, 4700. Typically our figures indicate that -13.63% is being offered, which puts this QLD suburb at 109th most discounted overall in Australia.

A $262.5 per week rent on the median house gives suburb investors a gross yield of circa 5.27%, without taking into account capital value appreciation, which has been averaging out at 4.51%.

If we look at median property appreciation over just the last three months, Allenstown has given property investors a paper return of 3.33%. This puts Suburb as 59 on a list of fastest fasting appreciating suburbs in QLD

Property investors should expect to get $285 weekly from the median priced house in this suburb.

HOUSE UNIT
$259,000 $263,500
3.60% 3.33%
5.71% N/A
4.51% N/A
$263 $285
47 13
5.27% 5.62%
109.13 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Below average (U)
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Demographics
Total population 2911
Median household income ($/weekly) 891
Median age of persons 36
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 346 11.9
    25-34 years 401 13.8
    35-44 years 361 12.4
    45-54 years 404 13.9
    55-64 years 285 9.8
    Others 1114 38.3
    Age Group
    Census Count Percent(%)
    Not Married 1141 54.8
    Registered Married 699 33.6
    Defacto Relationship 242 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2386 89.0
    Indonesia 38 1.4
    Papua New Guinea 56 2.1
    United Kingdom 37 1.4
    Other 59 2.2
    Others 106 4.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 20 0.8
    Christianity 1913 73.3
    Hinduism 32 1.2
    Islam 32 1.2
    No Religion 603 23.1
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 137 13.1
    $400-$599 152 14.5
    $600-$799 107 10.2
    $1,000-$1,249 93 8.9
    $1,500-$1,999 102 9.7
    Others 457 43.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 837 38.1
    Not in the labour force 819 37.3
    Employed, worked part-time 340 15.5
    Unemployed, looking for work 107 4.9
    Employed, away from work 93 4.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 233 18.4
    Technicians & trades workers 232 18.3
    Community & personal service workers 146 11.5
    Clerical & administrative workers 150 11.8
    Labourers 173 13.7
    Others 332 26.2
    Occupation
    Census Count Percent(%)
    Pre-school 24 4.4
    Infants/Primary 210 38.5
    Secondary 161 29.5
    Technical or Further Educational Institution 58 10.6
    University or other Tertiary Institutions 74 13.6
    Others 18 3.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2131 80.9
    Flat, unit or apartment 356 13.5
    Semi-detached, row or terrace house, townhouse 112 4.3
    Caravan, cabin, houseboat 24 0.9
    House or flat attached to a shop, office 10 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 550 48.1
    Fully owned 315 27.5
    Being purchased 272 23.8
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
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