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.
$720,000
Last sold
3 Dec 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
562 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
$720,000
3 Dec 2021 · derived via latest_sale
Local land rate: recorded House sales in Algester (last 5 years) with land size have a median of $1,628/m² of land (n=90). 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
-39.7%
Median sale
Suburb $1,195,000
+1.89 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 565 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 565 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?
KnownmediumNo 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 PropertySOLD by EMMA WALTER | 0404 478 102
- | 17 Marara Street Algester | -
This property is was Sold at the Auction on Friday 3rd December. Imagine owning this Tri-level home, ready for Summer with an inground swimming pool and separate spa. Introducing 17 Marara Street Algester to the market, this home has been owned by the one owner since 2003. Now it's your opportunity to do some work and make it yours. Vacant and is going to Auction Friday 3rd December 2021 at 5.30 pm. NOT ACCEPTING OFFERS PRIOR TO AUCTION.
Even though it hasn't been renovated and you will need to do a few things, there is also a lot you will want to leave like the beautiful built-in Bar built on Barrels in the rumpus.
Sitting in the heart of Algester the floorplan has many attributes. A dream come true for a growing family to treasure and enjoy many years making happy memories and watching their children grow in this home. The property boasts 3 bedrooms on the top level, 1 bathroom. Middle level holds spacious everyday dining room with lounge that opens direct to the entertainment area. Kitchen is the hub of the home, may need work and could do with modernising. The bottom level holds the Laundry, extra toilet, storage, Utility room and large rumpus and as a mentioned built-in bar. A Real entertaining home perfect for those hot summer nights and cool off in your own inground swimming pool with a built-in spa.
Inclusions in 17 Marara Street are:-
*3 Built-in Bedrooms with ceiling fans and security Screens
*Main bathroom with bath and attic which can hold loads of Storage, separate toilet
*Downstairs toilet
*Lounge/ Dining, kitchen has aged so may need work
*Built-in Bar located in rumpus or games room
*Separate Internal Laundry
*Ceiling Fans
*Carport behind lockable gates with side carport for trailer or storage
*Good sized shed
*Inground Swimming pool and built-in Spa
*Security Screens
*Lovely Algester Street
*Built 1980
*562sqm
In this location stroll to your local Shops, walk the kids to the local Basswood parks or good Schools in the immediate area or catch a city bus minutes from your door. Also nearby you have access to motorways for coast, city or airport commutes with ease. A home to suit and is perfect for family living is extremely hard to come by! Take time to visit at the next open-home or book an appointment with me to view this Hidden gem and make it yours, What a perfect Christmas present for 2021..
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 Emma Walter, Avenue Property — reproduced as published, not verified by Districts.