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
$730,000
Last sold
10 Jan 2023
4
Bedrooms
1
Bathrooms
2
Car spaces
536 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
$730,000
10 Jan 2023 · 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
-38.9%
Median sale
Suburb $1,195,000
+1.82 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
UnknownArea
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 Marsden AKGA home of this size and calibre on Ridgewood Road is scarcely found in the local market. Its loving owners have owned this house since 1986 and are relocating so they are keen to pass the home on. Full of character, this property is great value to the lucky buyer in the highly sought-after suburb of Algester.
Step inside the home and you're welcomed into a foyer which flows into the downstairs rumpus, this would be perfect for home office or Teenage Retreat as it's got separate entry which makes it easy to come and go. Also on this floor is the double garage, large laundry with loads of cupboards, and separate toilet. There is opportunity to add a shower to make a full bathroom.
Upstairs you are greeted by the stunning timber floors throughout, the lounge room is so very spacious with split system air conditioner plus beautiful fireplace for those cold winter nights. Large sliding doors that lead to a beautiful full-sized balcony which stretches the entire length of the home this is perfect for the afternoon coffee or a good book and glass of wine. Separate dining room with access to sliding doors to the back deck. As you would expect, the kitchen being the hub of the home, has loads of bench space that doubles as a breakfast bar and cabinetry. Ample storage you will not be short on space, electrical appliances with dishwasher.
4 Bedrooms upstairs the master bedroom is generous in size with a ceiling fan and built-in wardrobes. Main bathroom with shower, bath and near new vanity. The remaining three bedrooms allow plenty of room for little ones to grow and flourish into their teenage years, all with ceiling fans and built-in robes.
The outside area includes a fully fenced backyard where children and pets can play. There is a lockable gate with double sized garden shed. Tidy concreted areas wrap around both sides of the home, one side offering double gated access for a trailer, boat or caravan.
Features to this lovely home are:
* 4 upstairs bedrooms with ceiling fans and built-in robes
* Large open plan lounge room
* Sliding doors to full sized balcony
* Downstairs large rumpus with built-ins
* Original kitchen with plenty of bench tops, breakfast bar, large fridge space, pantry, dishwasher
* Separate dining area off kitchen
* Downstairs toilet
* Oversized laundry with plenty of storage.
* Double garage with extra Storage
* Split System air conditioner
* Fireplace
* Double sized garden Shed
* 536sqm block
*Security screens and Security doors
*Rainwater Tank
*Built approx. 1986's
*Brisbane council rates are $426.60 Per Quarter
*School Catchments: Algester State Primary School, St Stephen's Catholic Primary School and Calamvale Community College (Prep to Year 12)
This home offers easy walking access to Shops, Schools, Algester has plenty of locations for a morning walk. Also just a few minutes from both primary schools and is close to major shops and public transport. Close to Algester Road and Mt. Lindsay highway. This understated residence is ready for you to make your mark and transform into your family's place you really must enquire before it's too late. Contact Emma Walter today and start your family's new chapter at 34 Ridgewood Road Algester.
Listing description written by Emma Walter, Ray White Marsden AKG — reproduced as published, not verified by Districts.
Nearby 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.