QLD/
Algester

Suburb Profile

Algester - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4115

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ALGESTER ranks 532nd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.08% for the past year is lower than average compared to its 27.66% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in ALGESTER, the median home price is sitting at $510,000, and the average rent at $420, this suggests property owners could potentially earn a 4.28% increase in gross rental yield.

Property investors have seen a 2% gain in ALGESTER based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.7% growth over a ten-year period. It ranks 2123rd on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $510,000 $370,000
GROWTH REPORT
Median Quarterly 2% 4.23%
Median 12 month 4.08% 18.59%
Median 3 years 12.71% 16.35%
Median 5 years 27.66% 27.15%
10 years average annual 3.7% 6.87%
Weekly media advert. rent $420 $365
Time on Market 47.0 days 77.7 days
Gross Rental Yield Percent 4.28% 5.13%
demographics (median values)
Total Population
7367
Weekly Household Income
1133
Household Size
2.70
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Algester, QLD
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