Get a property report and suburb profile for any property in Allambie Heights

Allambie Heights sits on a leafy, elevated pocket of the Northern Beaches, with pockets of bushland and walking tracks that lead toward Garigal National Park and the Narrabeen Lagoon catchment. Streets are largely residential, mixing post-war weatherboard cottages and brick bungalows with more modern architect-designed homes that make the most of hillside outlooks to the coast. The suburb has 7,317 residents, a median age of 43 and typical household incomes around $2,890 a week, and the community is weighted towards couple families with children; about four in five homes are owner-occupied.

Day-to-day needs are met by a small local shopping strip and community facilities, and regular buses link to larger centres and the beaches. Education is a focus locally, with The Forest High School being relocated to a new campus in Allambie Heights and Allambie Heights Public School having recent classroom cooling and lighting upgrades (with a small garden bed later cordoned off for remediation). The suburb’s green, semi-rural character and easy coastal access will suit people who want space and proximity to beaches; whether it fits you comes down to what you value in a neighbourhood.

Buying in Allambie Heights sits well above what local households earned at the last Census: the median house price of $2,400,000 is about 16 times a typical local annual household income at the last Census. Renting looks different depending on the property type — a house rent of $1,350 a week would take about 46.7% of a typical local household's weekly income at the last Census, a large share, while a unit at $550 a week would take about 19.0% of that weekly income, a modest share. Whether buying or renting feels expensive will depend on which of those figures matters to you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Over the past 12 months in Allambie Heights, house values rose 8.8%, a solid increase. House rents edged up 1.9%, a slight rise, while unit rents climbed 7.8%, a solid gain.

Put simply, the year showed stronger capital growth on the house side and stronger rental income growth on the unit side. Which of those outcomes matters most depends on your own investment goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.