Question 1

Is Allenstown a nice place to live?

Accepted Answer

Allenstown has tree-lined streets, a mix of classic Queenslander timber houses and modest brick homes, a small commercial strip with shops and cafes, and nearby parks with straightforward road links into Rockhampton.

The community has incomes below the Queensland median and 49.6% of homes are rented, though owner-occupation remains common and couple families with children are the largest family group. Everyday amenity includes local shops and cafes, parks and sporting grounds, and Curtis Park's playground renewal was completed, adding a climbing wall, swing, slide and shade structures.

Question 2

Is it expensive to live in Allenstown?

Accepted Answer

A typical local household earned about $1,147 a week at the most recent Census. The suburb's median house price of $605,000 works out to about 10.1 times a typical local annual household income, so buying a house sits well above local incomes.

Looking at rent, an average house rent of $530 a week would take about 46% of a typical local household's weekly income, while an average unit rent of $375 a week would take about 33%. On these figures, renting a house would use a large share of local income and renting a unit a sizeable share.

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

Question 3

Is Allenstown a good place to invest?

Accepted Answer

Both house and unit values in Allenstown rose strongly over the past 12 months, with house values up 21.4% and unit values up 19.5%. House rents also climbed strongly, rising 17.8%, while unit rents fell marginally, down 1.3%.

Put simply for someone weighing capital growth against rental income: the change in values was the larger movement for both property types on this page — values increased sharply, while rental income rose for houses but edged down for units.

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.

	Houses	Units
Median price Past 3 months	$605K	N/A
Change in value Past 12 months	21.4%	19.5%
Sold Past 3 months	18	4
Median days on market Past 12 months	19	32
Average rent Past 12 months	$530	$375
Change in rent Past 12 months	17.8%	-1.3%

	Suburb	QLD
Median age years	37	38
Median household income weekly	$1,147	$1,675
Couples with children share of families	36.4%	41.2%
Couples without children share of families	32.6%	40.3%
One-parent families share of families	27.0%	16.8%
Homes owned outright share of homes	24.1%	30.1%
Homes with a mortgage share of homes	26.3%	35.6%
Homes rented share of homes	49.6%	34.3%

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