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Investment Spotlight • Australia

ALLENSTOWN 4700

State: QLD
Updated: 6 April 2026

PosiProp AI Investment Summary

ALLENSTOWN (QLD 4700) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.4% and has experienced a 12-month capital growth of Up 14.7%, with a median house buy price of $497,400. 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 housebuy

$450,000

Up 24.3% 5.6% Yield
3 housebuy

$491,000

Up 11.1% 5.3% Yield
4 housebuy

$602,500

Up 11.0% 4.9% Yield
all housebuy

$497,400

Up 14.7% 5.4% Yield

Suburb Market Profile

Last month Allenstown had 15 properties available for rent and 19 properties for sale. Median property prices over the last year range from $497,400 for houses to $430,000 for units. If you are looking for an investment property, consider houses in Allenstown rent out for $500 PW with an annual rental yield of 5.4% and units rent for $420 PW with a rental yield of 5.2%. Allenstown has seen an annual compound growth rate of 14.7% for houses and 13.6% for units.

Properties For Sale in ALLENSTOWN

12 Listings Found
Property Listing

$499,000

194 William Street, Allenstown

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
+0.3% vs medianView on RealEstate ↗
Property Listing

$699,000

11 Parnell Street, Allenstown

🛏️ 3 Bed🛁 2 Bath🚗 1 Car
+40.5% vs medianView on RealEstate ↗
Property Listing

$650,000

123 West Street, Allenstown

🛏️ 4 Bed🛁 2 Bath🚗 2 Car
+30.7% vs medianView on RealEstate ↗
Property Listing

$449,000

119 Derby Street, Allenstown

🛏️ 3 Bed🛁 1 Bath🚗 - Car
-9.7% vs medianView on RealEstate ↗
Property Listing

$975,000

46 Church Street, Allenstown

🛏️ 4 Bed🛁 2 Bath🚗 3 Car
+96.0% vs medianView on RealEstate ↗
Property Listing

$449,000

121 Derby Street, Allenstown

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
-9.7% vs medianView on RealEstate ↗
Property Listing

$429,000

214 West Street, Allenstown

🛏️ 3 Bed🛁 1 Bath🚗 1 Car
-13.8% vs medianView on RealEstate ↗
Property Listing

For Sale

123 Fitzroy Street, Allenstown

🛏️ 3 Bed🛁 1 Bath🚗 2 Car
Property Listing

$399,000

24 Patrick Street, Allenstown

🛏️ 2 Bed🛁 1 Bath🚗 1 Car
-19.8% vs medianView on RealEstate ↗
Property Listing

$625,000

5/200 Denham Street, Allenstown

🛏️ 3 Bed🛁 2 Bath🚗 1 Car
+45.3% vs medianView on RealEstate ↗
Property Listing

$375,000

25 Weinholt Street, Allenstown

🛏️ 2 Bed🛁 2 Bath🚗 1 Car
-24.6% vs medianView on RealEstate ↗
Property Listing

For Sale

256 William Street, Allenstown

🛏️ 4 Bed🛁 2 Bath🚗 4 Car
All information is aggregated from public Australian property index registries. Analysis is for reference purposes.
© 2026 PosiProp Australia.
Best Investment Suburbs: ALLENSTOWN QLD 4700 - 5.4% Yield | PosiProp