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 › Rainbowridge Cres
$950,000
Last sold
17 Oct 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
649 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
$950,000
17 Oct 2024 · 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
-20.5%
Median sale
Suburb $1,195,000
+0.74 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 Harcourts Results Calamvale***Under Contract - Auction Cancelled!***
Stunning Family Home in Sought-After Location!
This beautifully presented 4-bedroom, 2-bathroom home offers the perfect blend of modern living, spacious comfort, and prime location in one of Algester's most desired neighbourhoods.
Property Highlights:
• Renovated main bathroom with modern and sleek design
• Freshly painted & LED down-lights throughout
• Large open-plan layout
• Multiple living areas
• Well-appointed kitchen with gas cooking, stainless steel appliances and plenty of storage
• Spacious outdoor entertaining area
• In-ground saltwater pool with shade sail
• Split system air conditioning
• Large workshop 6m x 3.5m with power & another large garden shed
• Recent roof restoration (professional cleaning, pointing, reseal and multiple coats)
• Side access down both sides!
• Security Screens throughout
• Solar power
• Fully fenced with low-maintenance gardens
• Walking distance to shops/schools/parks/public transport
• 649sqm block of land
As you step inside, you'll be greeted by freshly painted interiors and LED downlights throughout, creating a bright and welcoming atmosphere. The expansive open-plan layout effortlessly connects the home's key spaces, creating an environment perfect for both family gatherings and everyday living.
The renovated main bathroom is a standout, boasting sleek, modern features, including floor-to-ceiling tiles, an elegant vanity and a shower recess giving it a contemporary and stylish appeal. The master bedroom comes complete with its own ensuite, adding an extra layer of privacy and convenience.
At the center of the home, the kitchen is designed for both the home chef and entertainer, featuring a gas cooktop, stainless steel appliances, and ample storage space. The kitchen not only provides functionality but also offers picturesque views of the outdoor entertaining area and in-ground pool, creating the perfect backdrop while cooking or spending time with family. The seamless connection between the kitchen and outdoor space ensures you're never far from the action, whether it's hosting a BBQ or watching the kids play in the pool. The adjoining family room creates a relaxed and functional space, perfect for everyday living.
For more formal occasions, the home offers a large formal living and dining area, ideal for entertaining or family gatherings. This expansive room, fully carpeted for added comfort, offers ample space for both a formal dining set and generous seating area. Its size and versatility make it perfect for hosting dinner parties, holiday celebrations, or simply enjoying a quiet evening with loved ones. The large windows allow plenty of natural light, enhancing the room's openness and elegance, while offering a cozy, welcoming ambience for any occasion.
For those seeking flexibility, the 4th bedroom can double as a home office and comes with a retreat space, ideal for mixed-use as a study, creative workspace, or even a private hangout for teenagers. With abundant storage options, this area offers endless possibilities for growing families. There's also a separate laundry with external access, ensuring convenience for a busy household.
Comfort is ensured year-round with split system air conditioning, providing a cool retreat during hot summer days and cozy warmth in the cooler months, making every season enjoyable.
Outdoors, the in-ground saltwater pool with a shade sail promises endless summer fun, while the large covered entertaining area is perfect for weekend BBQs and family gatherings, offering views over the pool and backyard.
Storage won't be an issue with this property, featuring a unique garage storage room with internal and external access, a large garden shed (5m x 2.5m), and a workshop (6m x 3.5m) with built-in power - perfect for the weekend warrior or DIY enthusiast. Additional highlights include solar power, electric hot water, and side access on both sides of the property, providing extra functionality and convenience.
Situated in a prime location, this home is within walking distance to local schools, parks, and public transport, while offering easy access to motorways connecting you to the Gold Coast, Brisbane City, and the airport.
This is an opportunity not to be missed-whether you're looking for a family haven or a property with endless potential.
Auction: Saturday 19th October at 2pm (Onsite)
Area: 649m2(Brisbane City Council)
Zoning: Residential
RPD: Lot 675 on Registered Plan 204400
*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.
Listing description written by David Hills, Harcourts Results Calamvale — reproduced as published, not verified by Districts.