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.
For sale
For sale
4
Bedrooms
1
Bathrooms
2
Car spaces
630 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
Asking
No recorded sale price for this property yet.
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 RochedalePositioned in a quiet and established Algester street, 32 Owenia Street presents an exciting opportunity for renovators, builders and buyers seeking a property with genuine value-adding potential.
Set on a generous 630m2 allotment, this original low-set brick home offers four bedrooms, two bathrooms, substantial living and dining areas, a double garage and a large covered outdoor entertaining space. While the property requires renovation and updating throughout, its solid construction, spacious footprint and practical layout provide an excellent foundation for a complete transformation.
Whether your vision is to undertake a substantial renovation, redesign the existing residence or explore the potential for a future rebuild, this is an opportunity to secure a sizeable parcel of land in a convenient and tightly held Algester location.
Key Features:
• Allotment in an established residential street
• Solid low-set brick home requiring renovation and modernisation
• Four well-proportioned bedrooms with built-in storage
• Main bedroom positioned separately for added privacy
• Expansive open-plan living area with generous proportions
• Oversized separate dining room offering flexible use
• Original kitchen with breakfast bar, built-in wall oven, dishwasher, double sink, pantry and ample bench space
• Practical floorplan with excellent separation between living and bedroom zones
• Large covered outdoor entertaining patio with brick-paved flooring
• Built-in brick barbecue area
• Double lock-up garage
• Separate internal laundry
• Freestanding garden shed for additional storage
• Welcoming front veranda
• Established backyard with scope for landscaping and further improvement
• Excellent opportunity for renovators, builders, investors or buyers seeking a substantial project
• Potential to renovate, reconfigure or explore rebuilding options, subject to council approval
The existing floorplan provides a substantial starting point for buyers looking to create something of their own. Generous living and dining zones sit at the heart of the home, while the four-bedroom layout offers useful separation and flexibility for future redesign.
The original kitchen, bathrooms, flooring and finishes provide clear scope for comprehensive renovation. Buyers may choose to retain the existing layout and modernise the home, undertake a larger structural transformation or investigate the possibilities available across the 630m2 site.
At the rear, the expansive covered patio adds further scale to the property and could be restored or incorporated into a broader renovation plan. The established yard, garden shed and double garage complete a property offering space, structure and considerable potential.
Location Highlights:
• Quiet and established street in the heart of Algester
• Close to Algester State School and St Stephen's Catholic Primary School
• Convenient to local childcare, parks and sporting facilities
• Minutes from Calamvale Central and Sunnybank Hills Shoppingtown
• Easy access to local shopping and dining precincts
• Close to city-bound bus services
• Convenient access to major arterial roads and surrounding suburbs
• Approximately 30 minutes from Brisbane CBD
This property is being presented as a renovation and value-add opportunity and is unlikely to suit buyers seeking a fully updated, move-in-ready home.
For more information or to arrange an inspection, contact the Jason Song Team on 0478 568 566.
All information provided has been gathered from sources considered reliable; however, no warranty can be given regarding its accuracy. Prospective purchasers should conduct their own enquiries and seek independent advice regarding the condition of the property, development potential and any proposed renovations or building works.
Listing description written by Jason Song, Ray White Rochedale — reproduced as published, not verified by Districts.