2/10 Arnold St, Allora is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 107m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
This is a rare opportunity in Allora with a Duplex 2 bedroom units to be purchased as a superannuation investment with both units tenanted to long term tenants. The units are managed with a good return, selling for $380,000. Allora is a safe friendly country farming town on the New England Highway with easy access to Warwick and Toowoomba.
There is a golf and bowls club, IGA Food Store, Medical Centre, hardware, schools, community swimming pool, Coffee shops, churches, RSL Club, hotels and many community groups and family businesses. Brisbane is 2 hours and the Gold Coast approximately 2 and 1/2 hour drive. Great location for retirement with the option to invest in a strong returning investment.
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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