Suburb Profile Report for Allenstown QLD (4700)

Allenstown House: Median price $255,000, Annual capital growth 0.42%, Number of sales 38, Weekly median advertised rent $260

Allenstown Unit: Median price $318,000, Annual capital growth 6.84%, Number of sales 17, Weekly median advertised rent $268

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

Source: CoreLogic

  • House Report
  • Unit Report

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.

Metrics i HOUSE UNIT
$255,000 $318,000
2.00% 0.71%
2.00% 24.71%
0.42% 6.84%
$260 $268
38 17
5.30% 4.37%
102.34 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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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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