Is ALLENSTOWN a good suburb for positive geared property investment in Australia?

ALLENSTOWN in QLD currently features property rental yields up to 5.2% with a 12-month capital growth value of Up 20.9%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in ALLENSTOWN 4700?

The median house price in ALLENSTOWN 4700 is approximately $520,000 based on the latest tracked market indices.

Investment Spotlight • Australia

ALLENSTOWN 4700

State: QLD

Updated: 9 July 2026

PosiProp AI Investment Summary

ALLENSTOWN (QLD 4700) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.2% and has experienced a 12-month capital growth of Up 20.9%, with a median house buy price of $520,000. This combination provides a high-yield positive cashflow potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$455,000

Up 15.2% 5.5% Yield

3 house • buy

$505,000

Up 18.8% 5.2% Yield

4 house • buy

$650,000

Up 20.2% 4.8% Yield

all house • buy

$520,000

Up 20.9% 5.2% Yield

Suburb Market Profile

Last month Allenstown had 7 properties available for rent and 20 properties for sale. Median property prices over the last year range from $520,000 for houses to $447,500 for units. If you are looking for an investment property, consider houses in Allenstown rent out for $520 PW with an annual rental yield of 5.2% and units rent for $420 PW with a rental yield of 5.2%. Allenstown has seen an annual compound growth rate of 20.9% for houses and 18.7% for units.

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