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 › Ridgewood Rd
$930,000
Last sold
21 Aug 2025
3
Bedrooms
1
Bathrooms
1
Car spaces
546 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
$930,000
21 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Algester (last 5 years) with land size have a median of $1,626/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
-22.2%
Median sale
Suburb $1,195,000
+0.81 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 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 LJ Hooker Property Partners | Sunnybank HillsWell-presented, with a mix of original features and modern upgrades, this solid brick 3-bedroom lowset presents value-for-money buying for those both new to the market and seasoned investors.
Highlights:
- Hybrid floors in the 3 beds, original timber in dining, tiles in front living & kitchen
- Updated bathroom with frameless glass shower enclosure, vanity with integrated basin
- Walk to playground, Algester State School, city-bound bus stops, Algester Asia
- Short drive to Calamvale Community College, Calamvale Central, SBH Shoppingtown
- Rent on and reap - currently tenanted until October 2025
Neat lawns out front gently rise to a short set of stairs up to one of this home's sweetest features - a big, covered verandah over the main entry, still sporting the original pattered tiling underfoot and framed by ornate iron balustrading. Just shy of 23m2, this is a generous alfresco space that enjoys an idyllic north aspect over this flourishing neighbourhood.
Inside, large 600 x 600mm porcelain floor tiles span a spacious front living area and continue down a hallway to 3 bedrooms, all fitted with fashionable hybrid flooring and each with its own built-in robe.
Central to the accommodations is a fully renovated bathroom with frameless glass shower, modern vanity with an integrated basin and storage, and the toilet next door.
Largely original but a huge, functional space with so much potential, the kitchen sits between a laundry with outside access and a dining room with original solid timber floors and a slider onto a rear covered patio.
Overlooking the fenced grassy backyard, this second alfresco space is more private than the one out front, with its wash-and-go concrete floor extending beyond the roofline for extra play space for handball or other games!
With a bus stop a few doors down and Algester State School a short stroll through leafy Timberland Park, this is a convenient location that also puts big shopping hubs (Calamvale Central and Sunnybank Hills Shoppingtown) within an easy drive, along with popular Calamvale Community College.
Whether buying or investing, Algester is an awesome area to get some skin in the property game.
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.
Sunnyvale Pty Ltd with Sunnybank Districts P/L T/A LJ Hooker Property Partners
ABN 39 633 082 112 / 21 107 068 020
Listing description written by Jackson Chow, LJ Hooker Property Partners | Sunnybank Hills — reproduced as published, not verified by Districts.