Investment property in Allenstown has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.00%
Over the longer term, Allenstown has seen property prices show investors a -5.56% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Allenstown should be aiming for at least -12.86% off the asking price, which is the average vendor discount being achieved at the moment.
Allenstown is 184th on a list of best yielding suburbs for rents in QLD with a 5.30% return
QLD has seen average median house prices change by 0.74% which means that Allenstown, 4700 has done well for property investors by showing a capital gain of 24.71% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Allenstown comes in at number 143th in QLD.
Renters in Suburb are facing rents around $3210 per annum or $267.5 every week.