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Suburb Insights ยท VIC 3871

Allambee Reserve 3871, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Allambee Reserve is a regional centre in Victoria, Australia, with a population of approximately 96, making it a boutique locality. Located approximately 110 km from the Melbourne CBD, Allambee Reserve is a regional area in Victoria. The median household income is $76,336 AUD per year (ABS 2021 Census).

Investment Score

34 / 100 Weak

Moderate income levels in Allambee Reserve indicate steady rental demand from working households. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Allambee Reserve, Victoria, Australia.

Key Indicators

Postcode
3871

Official Australia Post postcode for Allambee Reserve. A postcode may cover multiple suburbs.

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Population
96

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$100/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$76,336/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
110 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,400/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
72% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Allambee Reserve serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $100/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,400/month. The median household income of $76,336/year reflects a solid demographic, supporting sustainable rental demand.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Allambee Reserve could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Allambee Reserve tend to be lower โ€” investors may need to rely on capital growth instead.

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Renovation / Flip

Renovation or flip strategies in Allambee Reserve face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Allambee Reserve

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital growth in Allambee Reserve may remain subdued in 2026, with limited demand drivers in the near term. Landlords in Allambee Reserve may face longer tenant search times; competitive pricing will be important. Sentiment is subdued, though improving local conditions could shift perceptions over time.

Frequently Asked Questions

Is Allambee Reserve a good suburb for investment?

Allambee Reserve is a regional area in Victoria with a population of 96. The median rent is $100/week and the median household income is $76,336/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Allambee Reserve?

Key demand drivers in Allambee Reserve include regional employment hubs, lifestyle, and affordability. 72% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Allambee Reserve?

According to the ABS 2021 Census, Allambee Reserve has a population of approximately 96. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Allambee Reserve from the Melbourne CBD?

Allambee Reserve is approximately 110 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). As a regional or remote location, travel to the capital is significant โ€” local amenities and employment are important investment considerations.

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