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Allestree is a small town in Victoria, Australia. It is located along the Princes Highway, north-east of Portland. At the 2006 census, Allestree and the surrounding area had a population of 316.
Allestree is named after Allestree in Derbyshire, England. Allestree Post Office opened on 9 August 1907 (replacing nearby Bolwarra) and closed in 1971.
Within the locality of Allestree is the Convincing Ground where a massacre of aborigines is alleged to have taken place in around 1833.