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

ALLENSTOWN in QLD currently features property rental yields up to 5.7% with a 12-month capital growth value of Up 20.0%. 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 $535,000 based on the latest tracked market indices.

Investment Spotlight • Australia

ALLENSTOWN 4700

State: QLD

Updated: 5 August 2026

PosiProp AI Investment Summary

ALLENSTOWN (QLD 4700) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 5.7% and has experienced a 12-month capital growth of Up 20.0%, with a median house buy price of $535,000. 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

$438,000

Up 6.6% 6.0% Yield

3 house • buy

$529,000

Up 18.9% 5.7% Yield

4 house • buy

$670,000

Up 23.4% 5.3% Yield

all house • buy

$535,000

Up 20.0% 5.7% Yield

Suburb Market Profile

Last month Allenstown had 11 properties available for rent and 21 properties for sale. Median property prices over the last year range from $535,000 for houses to $450,000 for units. If you are looking for an investment property, consider houses in Allenstown rent out for $540 PW with an annual rental yield of 5.7% and units rent for $420 PW with a rental yield of 5.4%. Allenstown has seen an annual compound growth rate of 20.0% for houses and 18.4% for units.

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