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Allambee Reserve, VIC 3871
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$485,000
market range $450K-$775K
Median Unit
$495,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Allambee Reserve
Allambee Reserve has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Allambee Reserve market and investor summary
Allambee Reserve (VIC 3871) runs a median house price of $485K. At 7.1% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 7.1% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 106 days on market, so plan for a slower exit if you ever need one.
Living in Allambee Reserve: people, income and schools
Allambee Reserve has a resident population of roughly 96, a number that has held fairly steady over five years. The median age is 44, skewed a little older, and families account for 88% of households.
Households here earn a median of about $76,000 a year, or roughly $1,470 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to about 6.4 times local household income, in line with much of metropolitan Australia. Incomes have risen about 21% over five years, which tends to underpin what local buyers can pay.
- Population
- 96
- +2% over 5yr
- Median age
- 44 years
- Median household income
- $76,000/yr
- Households renting
- 12%
- Family households
- 88%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 2.6%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Allambee Reserve
No properties currently listed in Allambee Reserve
Search Allambee Reserve listings →Frequently asked questions about Allambee Reserve
What should I check before investing in Allambee Reserve?
Allambee Reserve has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.
What are typical property prices in Allambee Reserve?
The median property price in Allambee Reserve, VIC 3871 is $485K for houses.
How tight is the rental market in Allambee Reserve?
The current vacancy rate in Allambee Reserve is 7.1%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.
How many people live in Allambee Reserve?
Allambee Reserve has a population of approximately 96 residents, with a median age of 44.
Is Allambee Reserve affordable to buy in?
A median house in Allambee Reserve costs about 6.4 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Allambee Reserve's population growing?
The population of Allambee Reserve has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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