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

ALLESTREE in VIC currently features property rental yields up to 4.6% with a 12-month capital growth value of Down -56.2%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in ALLESTREE 3305?

The median house price in ALLESTREE 3305 is approximately $352,500 based on the latest tracked market indices.

Investment Spotlight • Australia

ALLESTREE 3305

State: VIC

Updated: 4 July 2026

PosiProp AI Investment Summary

ALLESTREE (VIC 3305) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Down -56.2%, with a median house buy price of $352,500. This combination provides a balanced growth-and-yield 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

$501,000

Down -37.7% 6.9% Yield

3 house • buy

$350,000

Down -34.0% 5.1% Yield

4 house • buy

–

Not available 3.7% Yield

all house • buy

$352,500

Down -56.2% 4.6% Yield

Suburb Market Profile

Last month Allestree had 1 property available for rent and 4 properties for sale. Median sold prices over the last year is $352,500 for houses. If you are looking for an investment property, consider houses in Allestree rent out for $750 PW with an annual rental yield of 4.6%. Allestree has seen an annual compound growth rate of -56.2% for houses.

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