AREA REPORTS

Algester

Suburb Profile

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

house
unit
ALGESTER ranks 16th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 2.9% for the past year is lower than average compared to its 27.99% growth within a five-year period.

Also in ALGESTER, the median home price is sitting at $514,500, and the average rent at $420, this suggests property owners could potentially earn a 4.24% increase in gross rental yield.

Property investors have seen a -1.06% drop in ALGESTER based on a decrease 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 3.15% growth over a ten-year period. It ranks 2319th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $514,500 $325,000
GROWTH REPORT
Median Quarterly -1.06% -2.99%
Median 12 month 2.9% -1.96%
Median 3 years 9.47% 9.06%
Median 5 years 27.99% 12.07%
10 years average annual 3.15% 3.26%
Weekly media advert. rent $420 $355
Time on Market 46.1 days 81.6 days
Gross Rental Yield Percent 4.24% 5.68%
demographics (median values)
Total Population
7367
Weekly Household Income
1133
Household Size
2.70
demographics
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