Algester at a glance
10,205
People
$1,195,000
Median sale
$657/wk
Median rent
2.86%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
QLD › Algester › Mundalla St
$422,700
Last sold
23 Sept 2020
3
Bedrooms
1
Bathrooms
1
Car spaces
627 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$422,700
23 Sept 2020 · derived via latest_sale
Local land rate: recorded House sales in Algester (last 5 years) with land size have a median of $1,627/m² of land (n=91). Districts calculation from recorded sales — not a valuation.
Algester at a glance
10,205
People
$1,195,000
Median sale
$657/wk
Median rent
2.86%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Algester
-64.6%
Median sale
Suburb $1,195,000
+5.22 pp
Gross yield
Suburb 2.86%
Suburb median $1,195,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
Brisbane City Plan 2014
Zone
Low density residential
LDR
Jurisdiction
Brisbane City Council
Brisbane, QLD
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 636 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $657/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned Low density residential · LDR (Brisbane City Plan 2014). Official parcel area about 636 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 636 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Algester at a glance
10,205
People
$1,195,000
Median sale
$657/wk
Median rent
2.86%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Avenue PropertyAll Properties Group / Chris Gilmour SOLD
Nestled in the highly sought after and idyllic suburb of Algester, this modest post-war property is exceptionally located and presents a rare opportunity for the astute buyer to move in, renovate or capitalise as a solid investment with the suburbs ongoing urban renewal.
Presenting an abundance of lifestyle options and idyllically positioned just 30 minutes commute to the City utilising the abundant public transport , Algester is renowned as a family friendly community that has become a hotspot for young professionals and families to renovate, settle or invest.
You won't find a better location, Algester's desirable lifestyle is perfectly aligned with today's most-desired trends: close to café's, restaurants, local swimming complex and just a few minutes' drive to Sunnybank's shopping precincts Or, for a quieter shopping experience, IGA is just around the corner within a shopping village that features a post office, delightful bakery and numerous restaurants and take aways.
Ready to move into today and offering limitless potential to capitalise into the future, this low maintenance and well-kept family friendly home boasts a spacious floorplan and soft, neutral tones throughout. A well-appointed kitchen with ample storage space integrates cleverly to the dining area to deliver a warm and inviting dining experience.
An abundance of natural light saturates the generously sized dining and living rooms, illuminating through the large glass sliding doors to create a tranquil setting that opens onto a rear entertaining area, providing seamless entertaining options whether inside or outdoors. Enjoy the spacious backyard, perfect for outdoor play, room for a pool at later date or for the beloved family pet- it's sure to tick all the boxes and more. And with a garden shed already installed, storage for
maintenance is already available.
A light filled and spacious master bedroom provides a blank canvas, ready for inspired design and decorating in your chosen style. Two additional airy bedrooms compliment the family living experience and are serviced by a well- equipped and functional bathroom featuring a full-sized bath and shower.
Set on an expansive 627m2 block and boasting side access for the boat or caravan, this home is sure to impress with its limitless potential. Move in today, with opportunity to renovate and modernise in the future if desired, it is the perfect first starter, comfortable retirement or solid investment.
Perfect for growing families, this residence is just a short drive to Algester State School, or with local bus runs to a wealth of other premium education options including John Paul College and some of Brisbane's most prestigious Private schools via the readily accessible extensive public transportation network.
Features include but not limited to:
3 Bedrooms
Split system air-conditioning
Ceiling fans
Pergola
Securely Fenced yard
Single carport
Side access
Huge 627sqm Block
Garden Shed
Ready to move in today and offering so much potential for the future, this property will not last on the market for long. Contact us today for your exclusive viewing.
Due to the current COVID-19 situation and health and safety, social distancing still applies when attending inspections.
Disclaimer:
All information provided has been obtained from sources we believe to be accurate, however, we cannot guarantee the information is accurate and we accept no liability for any errors or omissions (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Chris Gilmour, Avenue Property — reproduced as published, not verified by Districts.