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 › Corkwood St
$1,020,000
Last sold
23 Nov 2025
4
Bedrooms
2
Bathrooms
3
Car spaces
569 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
$1,020,000
23 Nov 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
-14.6%
Median sale
Suburb $1,195,000
+0.49 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 Ray White RochedaleWelcome to 3 Corkwood Drive, Algester, a beautifully maintained four-bedroom, two-bathroom family home offering space, comfort, and convenience in one of the suburb's most peaceful streets. This inviting residence is designed for easy living, featuring a bright, open-plan layout that flows seamlessly from the spacious living areas to the well-appointed kitchen with ample storage and quality appliances. Each of the four bedrooms includes built-in wardrobes, providing plenty of room for the whole family, while the master bedroom boasts its own ensuite for added privacy and comfort.
Outside, the home features a generous backyard that's perfect for entertaining, gardening, or letting kids and pets play freely. There's also plenty of secure parking, with a double carport and a single lock-up garage, offering space for multiple vehicles or extra storage. With air conditioning, ceiling fans, and a covered outdoor entertaining area, this home is ready for comfortable living all year round. Conveniently located close to local schools, parks, shops, and public transport, 3 Corkwood Drive offers the ideal balance of tranquility and accessibility. Perfect for families, first-home buyers, or investors alike, this property represents a great long-term investment in a highly sought-after, family-friendly neighbourhood.
Amenities:
Central Park Shopping Mall - 850m
IGA Algester - 800m
Algester Asia Mart - 850m
Sunnybank Hills Shoppingtown - 2.8km
Calamvale Central - 2.6km
Sunnybank hills shopping village - 2.9km
Calamvale Marketplace - 3.1km
Calamvale Shopping Centre - 3km
Acacia Marketplace Shopping Centre - 5.4km
Sunnybank Plaza - 7.9km
Pinelands Plaza - 4.9km
Col Bennett Park - 1.1km
Timberland Park - 240m
Paradalote Park - 1.5km
Bundabah Drive Park - 750m
Busby Street Park - 1km
Calamvale park for kids - 1.3km
Transport:
Endiandra St at Bonewood Street, stop 86/85 Bus stop - 350m
Ridgewood Rd at Ridgewood Park near Yorrell Bus stop - 950m
Ridgewood Rd at Ridgewood Park near Yorrell St Bus Stop - 750m
Ridgewood Rd at Ridgewood Heights Bus Stop- 1.7km
Ridgewood Rd at Helicia Street, stop 85a Bus stop - 1.3km
Runcorn Train Station - 5.7km
Sunnybank Train Station - 5.2km
Banoon Train Station - 5.1km
Coopers Plains Train Station - 6.3km
Education:
Algester State School - 650m
St Stephen's Catholic Primary School - 1km
Wisdom College - 1km
Parkinson World of Learning - 1.9km
Goodstart Early Learning Calamvale - 750m
Hridhan school - 2.5km
Calamvale Special School - 3km
C&K Calamvale Community College Kindergarten - 2.6km
Autism Queensland Sunnybank Hills - 2.6km
Sunnybank Hills State School - 4.3km
Watson Road State School - 4.4km
Acacia Ridge State School - 5.7km
Sunnybank State High School - 6.2km
**Disclaimer: All information is provided in good faith and is accurate to the best of our knowledge, but Ray White takes no responsibility for any error or omission. Buyers are encouraged to conduct their own enquiries and should satisfy themselves as to all aspects of the property prior to making any purchasing decision. Please note online platforms search filters ARE NOT indicative to a price guide**.
Listing description written by Jason Song, Ray White Rochedale — reproduced as published, not verified by Districts.