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Algester
AREA REPORTS

Algester

Algester - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4115

house
unit
ALGESTER ranks 842nd in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 9.71% for the past year is higher than average compared to its 16.43% growth within a five-year period.

Also in ALGESTER, the median home price is sitting at $570,500, and the average rent at $440, this suggests property owners could potentially earn a 4.01% increase in gross rental yield.

Property investors have seen a 5.65% 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 3.44% growth over a ten-year period. It ranks 2763rd on our list of suburbs that property investors should look into.

Data report can be found below

Algester
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $570,500 $318,000
GROWTH REPORT
Median Quarterly 5.65% 0.63%
Median 12 month 9.71% 9.66%
Median 3 years 10.14% 6%
Median 5 years 16.43% 4.26%
10 years average annual 3.44% 1.27%
Weekly media advert. rent $440 $375
Time on Market 37.4 days 33.0 days
Gross Rental Yield Percent 4.01% 6.13%
demographics (median values)*
Total Population
7367
Weekly Household Income
1133
Household Size
2.70
Age
34
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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