Baw Baw Shire Council
Allambee South
Allambee South at a glance
Median house
$305,000
Median unit
$219,600
Walk score
0
Very car dependent
Population
61
Median age 58
About
Welcome to Allambee South.
Allambee South (3871) sits in the Baw Baw region of Victoria. The median house here is $305,000, well below the Victoria median of around $850K.
Allambee South has roughly 61 residents, with a retiree-heavy demographic. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Side by side
Compare Allambee South with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Houses change hands at $305,000 on a typical sale, well below the Victoria median. Units come in around $219,600, roughly 28% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $61,000. Prices are well below the Victoria median, which keeps Allambee South on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$305,000
+0.0% over the past year. Median unit price $219,600.
Rental and ownership
Weekly rent (house)
$258/wk
Weekly rent (unit)
$260/wk
Owner occupied
111%
Renter occupied
11%
At a deeper level
$305,000
$219,600
61
Median age: 58
Free appraisal
What’s your home worth in Allambee South?
A local agent who actually sells in Allambee South will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Get property alerts for Allambee South
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross rental yield on houses sits at 4.40% (median rent $258/wk against a $305,000 price tag). Units yield 6.16% gross, often the better cash-flow play for first-time investors. Renter share is modest (11%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)4.40%
Based on $305,000 median
Gross Yield (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)6.16%
Based on $219,600 median
Annual Growth (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Annual Growth (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 2026111%
Higher = more owner-occupier demand
Days on Market
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
The 2021 Census put Allambee South's population at 61, with a median age of 58. That sits as a retiree-heavy demographic. Households are predominantly owner-occupied (111% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (75% family households, 29% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
61
Median age
58
Family households
75%
Lone person
29%
Demographics data as of May 2026· ABS 2021 Census
Day to day
What it’s like to live here.
Allambee South scores 0/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Schooling within or near the suburb covers 2 government primary, 1 government secondary.
Getting around
Walkability.
0
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Allambee South.
Local schools for Allambee South
View the catchment for each school to find out more.
Government School Catchment
Mirboo North Secondary College
Mirboo North Primary School
Thorpdale Primary School
© ACARA, licensed under CC BY 4.0.
Frequently asked
About Allambee South.
- What is the median house price in Allambee South?
- The median house price in Allambee South, VIC 3871 is $305,000. The median unit price is $219,600. Annual growth is +0.0%.
- What is the Allambee South postcode?
- Allambee South is in the 3871 postcode, in VIC, in the Baw Baw Shire Council region.
- What is the average rent in Allambee South?
- The median weekly rent for houses is $258, for units it's $260.
- What schools are in Allambee South?
- There are 3 schools serving Allambee South on this page, including Mirboo North Secondary College, Mirboo North Primary School, Thorpdale Primary School.
- How walkable is Allambee South?
- Allambee South has a Walk Score of 0 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Allambee South?
- Allambee South is close to Thorpdale South, Childers, Mirboo East, Mirboo South, Mirboo North.
- What is the population of Allambee South?
- Allambee South has approximately 61 residents. The median age is 58.
For Sale
For Rent
Allambee South
Guides
Surrounding Suburbs
Side by side
Compare Allambee South vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Want a real human to help with Allambee South?
If you’ve looked at the numbers and want someone to talk it through, whether that’s an agent, broker, accountant or conveyancer, we’ll find the right person for your situation. Free, no commitment.
Get connected