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Allans Flat, VIC 3691
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,190,000
Median Unit
$485,000
Gross Yield (houses)
2.9%
1yr Growth
-
Investment snapshot for Allans Flat
Allans Flat has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Allans Flat market and investor summary
In Allans Flat, VIC 3691, the median house sells for around $1.2M, on a gross rental yield of 2.9% for houses. At 2.3% vacancy, it is a broadly balanced rental market.
For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.9% will not cover holding costs in the early years, so the case leans on price appreciation.
Living in Allans Flat: people, income and schools
About 297 people live in Allans Flat, and the area has been growing steadily, up about 16% over five years. At a median age of 46, it reads as skewed a little older, and 94% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $103,000 a year (about $1,980 a week). On socio-economic measures it ranks comfortably above the national middle (8 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 11.6 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 19% over five years, which tends to underpin what local buyers can pay.
There is 1 school within about 5km, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 297
- +16% over 5yr
- Median age
- 46 years
- Median household income
- $103,000/yr
- Households renting
- 7%
- Family households
- 82%
- Socio-economic rank
- 8/10
- ABS advantage index
- Schools within 5km
- 1
- avg ICSEA 1051
- Unemployment
- 2.4%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Allans Flat
No properties currently listed in Allans Flat
Search Allans Flat listings →Frequently asked questions about Allans Flat
What should I check before investing in Allans Flat?
Allans Flat has enough public data for first-pass screening across yield, vacancy, price and supply signals. Houses sell quickly (24 days on market), which points to strong sales liquidity. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Allans Flat?
The median property price in Allans Flat, VIC 3691 is $1.2M for houses and $485K for units.
What rental yield does Allans Flat show?
The gross rental yield in Allans Flat is 2.9% for houses and 3.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Allans Flat?
The current vacancy rate in Allans Flat is 2.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Allans Flat?
Allans Flat has a population of approximately 297 residents, with a median age of 46.
What schools are near Allans Flat?
There are 1 school within roughly 5km of Allans Flat. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Allans Flat affordable to buy in?
A median house in Allans Flat costs about 11.6 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 Allans Flat's population growing?
The population of Allans Flat has grown about 16% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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