Set back facing Water Lane this block has a number of options. The owner has approval for 20 storage sheds but the options can be yours to decide. A country cottage will fit on this block nicely with council approval or continue on with the approval and collect the rent.
Allora has limited blocks available for development and this block looks like a good investment with the current time limit until 26th August 2022 for completion.
The size of Allora is approximately 96 square kilometres. It has 1 park covering nearly 0.2% of total area. The population of Allora in 2011 was 1,275 people. By 2016 the population was 1,216 showing a population decline of 4.6% in the area during that time. The predominant age group in Allora is 60-69 years. Households in Allora are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Allora work in a trades occupation. In 2011, 72.7% of the homes in Allora were owner-occupied compared with 70% in 2016.
Allora has 739 properties. Over the last 5 years, Houses in Allora have seen a 95.59% increase in median value, while Units have seen a 15.40% increase. As at 31 October 2024:
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