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 › Bursaria St
3
Bedrooms
1
Bathrooms
2
Car spaces
647 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
No recorded sale price for this property yet.
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.
Planning
Planning data is being calculated
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
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Ray White Mt GravattLOCATED WITHIN ONE OF THE MOST CONVENIENT POCKETS OF ALGESTER, ON OFFER IS A PERFECTLY PRESENTED LOWEST ON A GENEROUS 647SM BLOCK. MAKE NO MISTAKE THE OWNER HAS HAD A CHANGE IN CIRCUMSTANCES AND WILL BE SELLING ON OR BEFORE AUCTION, THE 29th OF JANUARY.
Auction via In-Room and Online: 29/01/2025 from 6:00pm, if not sold prior*
Auction Location: Ray White Mt Gravatt Auction Room | 1450 Logan Road, Mount Gravatt
Registrations start from 5:30pm
(Phone & Online Registrations must be completed by 3:00pm on Auction Day)
What a way to start your new year! Get in quick to be the new owners of this striking property on 647sqm that sits in a fantastic location that gives you and your family access to a plethora of amenities and recreation including extensive parklands, reputed schools, transport and all the everyday essentials within easy reach.
Enjoying a peaceful spot on this residential street of Algester, this modernized home has a unique design and boasts many character features. From the frontage, the home is partially concealed by the hedging creating a private environment. A double carport offers safe off-street parking under cover. The large level block also offers heaps of further potential for expansion should you wish and even the possibility of adding a pool to the enormous back, fully fenced yard. Currently turfed and easy to maintain, the garden is a wonderland for kids. There is a massive, covered patio area that has crazy paved flooring and proper overhead roof with lighting for day and evening entertainment.
The impressive interiors are bright and airy and conducive to relaxed living for a mid-sized family. The key features are the high raked ceilings to the gorgeous living areas which combine both lounge area with room for media set up and a spacious dining room. This space has great air flow, and the timber beams and neutral paintwork is both calming and on trend. Quality tiled floors are also timeless and work in with any style of soft furnishings. The split system air conditioning will keep you cool or warm and all windows have security screens and blinds.
A neatly equipped kitchen facility offers plenty of bench area for meal preparation along with casual seating at the breakfast bar for two. It features a large fridge cavity, double sink, quality oven and stovetop. There's ample storage with both drawers and cabinets on both sides of the galley. On the other side of the kitchen there is another living or meals space which has sliding doors opening to the covered outdoor area and garden.
In total there are three bedrooms throughout the home. The master is fitted with air conditioning and is an extra-large room allowing for either retreat space or nursery set up. The other two are of good-size and have built in robes. All share the common bathroom which has a simple design with shower over bath and vanity.
A great option for both investors in the market and couples or families looking to buy into an excellent location that provides proximity to key amenities. The rental market is continuing to perform well with rental returns remaining very stable and long-term investments reaping growth rewards for owners.
Nearby you will discover a host of shopping options both locally and in neighbouring Parkinson, Calamvale and Sunnybank Hills. It is quick and simple to get onto the motorways for coast and city access and there are buses galore to get you around locally. St Stephens and Algester State school offer quality education for primary aged kids, there are childcare centres nearby and Calamvale Community College for high school.
Come along to the open home to view this well-placed property that has potential and promise of a great home to live in. Call me today for all the details.
Please note the property has a fixed term lease until May 2025 renting for $590 per week.
*subject to reserve price, if any
PARKING FOR OUR IN-ROOM AUCTIONS:
• Anytime Fitness carpark (entrance via Bothwell Street) provides 2-hour parking and pedestrian laneway shortcut up to Logan Road
• Central Fair Shopping Centre (entrance via Creek Road, after the bus stop)
• Side streets such as Bothwell Street, Selborne Street, Gowrie Street etc
For all your home loan needs please get in touch with Christine at Loan Market!
p: 0401 175 490
e: christine.junidar@loanmarket.com.au
w: http://www.loanmarket.com.au/christine-junidar
This property is being sold by auction or without a price and therefore a price guide cannot be provided. This website may have filtered the property into a price bracket for website functionality purposes. Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
Listing description written by Andrew Boman, Ray White Mt Gravatt — reproduced as published, not verified by Districts.