Allawah

Allawah, with a population of 5,351 residents, offers a diverse range of age groups with good access to public transport, primarily by train and car. The suburb has a high percentage of professionals, technicians, and community service workers. It also has a significant proportion of residents working from home, indicating a favourable environment for remote work. For house investors, Allawah presents an opportunity for potential renovation projects, given the high sale price IQR ratio. On the other hand, unit investors can benefit from the suburb's high market absorption rate, indicating strong demand and possibly leading to price appreciation. Both houses and units offer moderate to high rental yields, making them attractive options for investors seeking rental income. Allawah is a vibrant suburb with a mix of demographics and a growing population. With good transportation options, a range of professionals, and a notable WFH trend, the suburb offers investment opportunities for those interested in renovating houses or capitalizing on strong demand for units. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022