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Allendale, VIC 3364
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$600,000
Median Unit
$450,000
Gross Yield (houses)
4.2%
1yr Growth
-
Investment snapshot for Allendale
Allendale has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Allendale market and investor summary
Allendale (VIC 3364) runs a median house price of $600K, with houses yielding a gross 4.2%. At 1.5% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.2% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking.
Living in Allendale: people, income and schools
Allendale is home to around 185 people, a number that has held fairly steady over five years. The median age is 48, skewed a little older, and 95% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
Households here earn a median of about $83,000 a year, or roughly $1,600 a week. On socio-economic measures it ranks comfortably above the national middle (7 out of 10 on the ABS advantage index). At current prices a median house runs to about 7.2 times local household income, in line with much of metropolitan Australia. Incomes have risen about 33% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 185
- +2% over 5yr
- Median age
- 48 years
- Median household income
- $83,000/yr
- Households renting
- 5%
- Family households
- 52%
- Socio-economic rank
- 7/10
- ABS advantage index
- Unemployment
- 3.1%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Allendale
View all →Frequently asked questions about Allendale
What should I check before investing in Allendale?
Allendale has enough public data for first-pass screening across yield, vacancy, price and supply signals. House gross rental yield of 4.2% gives a usable rent-to-price starting point. Tight rental market (1.5% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Allendale?
The median property price in Allendale, VIC 3364 is $600K for houses and $450K for units.
What rental yield does Allendale show?
The gross rental yield in Allendale is 4.2% for houses and 1.8% 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 Allendale?
The current vacancy rate in Allendale is 1.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Allendale?
Allendale has a population of approximately 185 residents, with a median age of 48.
Is Allendale affordable to buy in?
A median house in Allendale costs about 7.2 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 Allendale's population growing?
The population of Allendale 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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