Allansford (postcode 3277) is a close-knit residential community in Victoria within the Warrnambool local government area. The area has roughly 1,410 residents and a settled mid-life population, with a median age of 43. Households earn a median income of $83K per year, with an average household size of 2.6 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, professionals. Employment in the area leans toward healthcare and agriculture. The top ancestries reported are Australian, English, Irish.
Median house prices in Allansford stand at $540,000, having declined by 5.8% over the last twelve months. The current median weekly rent is $500. This gives a gross rental yield of approximately 4.8%. The median monthly mortgage repayment is $1,478.
Allansford is served by 1 school, including 1 primary. The average ICSEA score is 1006, which is around the national average of 1,000. Public transport access includes 9 bus stops. The crime rate in the Warrnambool LGA is higher than average at 9,649 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 4.8%, which reads as moderate yield. Property prices sit below the state median ($540K/$850K), which can point to relative value. The price-to-income ratio of 6.5x is considered moderate. House prices have moved -5.8% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.