Property investors who have had real estate in Allenstown, 4700 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -2.91%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Allenstown has fallen somewhat when compared to the 5 year average annual rate.
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 -13.24% is being offered, which puts this QLD suburb at 110th most discounted overall in Australia.
Residents and property investors in Allenstown have been waiting around 100.27 days to sell a property.
Allenstown, 4700’s gross rental yield is 5.41%
Allenstown,4700 was ranked 1219 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 1.25 sales per month, which equates to 15 per year.