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Allora, QLD 4362

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Allora, QLD 4362 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Allora, QLD 4362”

  1. The total adult population (15 years or older) of Allora 4362 QLD is 999, with a median age of 52. Of those, 50.65% are married, 13.01% are divorced or separated, 26.23% are single and 9.91% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $5,348. The median monthly mortgage repayment for households in this suburb is $1,300 which is 24.31% of their earnings.

    Source: ABS Census Data (2021)

  2. Introduction: Nestled within the region of Queensland is the suburb of ALLORA 4362, a residential district estimated to be home to nearly 793 households. With its dynamic housing market, ALLORA presents various opportunities and challenges for potential real estate investors and buyers alike, evident in its property market statistics for Q3 2023.

    The typical prices for houses in ALLORA 4362 stood at $422,805, with a median weekly rent calculated at $305. The indicative yield produced is 3.75%, meeting the minimum attractive market requirement for cashflow-centered property investors. This promising yield reflects the potential for income and the desirable balance between purchase price and rental income.

    The household fabric of the area is portrayed by an IRSAD score of 922 out of 1217, indicating a relatively positive socio-economic status amongst its inhabitants. The renter to owner ratio in the suburb stands at a healthy 20%, which is favorable, suggesting the housing market isn’t saturated with rental properties, and there is an encouraging balance of stability and vibrancy within the community.

    Diving into the property types within the suburb, the ratios are skewed towards houses with a negligible units to houses ratio of 1%. This shift towards more prominent houses generally means decreased competition among landlords and potentially longer tenancy periods, adding to the investment appeal.

    However, the affordability index in ALLORA indicates a slightly high 31 years for full property ownership. While it surpasses the standard 30-year mortgage, it may reflect the gradually rising property prices and evolving demographics of the area. It’s crucial for investors to take note of this factor when considering their strategy.

    When it comes to supply metrics, ALLORA enjoys a favourable low supply with a stock on market Percentage of just 0.25% for houses. The inventory level for houses also falls under the favourable low supply category, estimated at only 1.85 months. Furthermore, with a building approvals Ratio calculated at 0.0%, there is no immediate threat of increased dwelling supply, maintaining the current supply-demand balance.

    Demand metrics indicate a flourishing property market in Q3 2023, with houses in ALLORA spending an average of just 23 days on the Market, showcasing attractive demand. The suburb also boasts a low vacancy rate of 0.63%, further emphasising the high demand for housing in the area. Lastly, with a buy search index for houses registering at 4, the suburb is clearly generating considerable interest among potential buyers, though it rests within the neutral range.

    In conclusion, ALLORA appears to show a favourable mix of indicators, with a few areas for potential investors to keep an eye on moving forward. Just remember, while the current metrics show a generally positive scenario, trends can change. Therefore, it is advised to keep up-to-date with ever-evolving market conditions using tools like the RCS, which efficiently automate the detailed research process across a suite of vital indicators.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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