Allestree

Allestree, VIC 3305 is a small suburb with a population of 168 people. The age group distribution is varied, with a significant number of residents aged between 5 to 64 years. The suburb has a mix of occupations, with professionals, technicians, and tradeworkers being the top three occupations. The median household income per week is $1,424, which is an important factor for assessing affordability and lifestyle. For investors interested in houses, Allestree could be suitable for renovators due to a high sale price IQR ratio. The suburb has a modest rental yield and a low vacancy rate, indicating stable rental demand. However, the median growth rate for houses has been negative, suggesting potential risks for capital growth. For those considering purchasing units, it's important to note that there is no available data for units in this suburb. Allestree, VIC 3305 offers a peaceful lifestyle with a small population size. The suburb provides opportunities for investors interested in renovating houses, with stable rental demand and a mix of occupants from various professional backgrounds. However, potential buyers should be cautious of the negative median growth rate for houses in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022