This property is Off Market
With an average age of 44, households expect an average monthly mortgage payment of $1,200 or a weekly rent payment of $258. The average family earns a weekly income of $2,025 with a typical household size of 2.6 and a 92.52% employment rate.
In Alloway there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Alloway is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Alloway changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Alloway necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Alloway we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Alloway a better buying opportunity than it may have been in the past.
(Country of Birth not stated 15%)
Bundaberg Region - South a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
10 / 100
32 / 100
Industry
18 / 100
32 / 100
Population
37 / 100
40 / 100
House Prices
47 / 100
63 / 100
Jobs
18 / 100
31 / 100
Incidents Trend State Average
Bundaberg Special School
Norville, QLD, 4670 State Prep-12
Tom Quinn Community Centre Alternative School
Bundaberg, QLD, 4670 Independent 7-10
St Mary's Catholic Primary School
Bundaberg, QLD, 4670 Independent Prep-6
Alloway State School
Alloway, QLD, 4670 State Prep-6
Kepnock State High School
Kepnock, QLD, 4670 State 7-12
Norville State School
Norville, QLD, 4670 State Prep-6
Bundaberg State High School
Bundaberg South, QLD, 4670 State 7-12
Thabeban State School
Thabeban, QLD, 4670 State Prep-6
Walkervale State School
Walkervale, QLD, 4670 State Prep-6
Shalom College
Bundaberg, QLD, 4670 Independent 7-12
To see the latest development applications
Join usAlready have an account? Sign in
134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure