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 › Silkwood St
$975,888
Last sold
3 Dec 2025
4
Bedrooms
1
Bathrooms
2
Car spaces
589 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
$975,888
3 Dec 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
-18.3%
Median sale
Suburb $1,195,000
+0.64 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 RochedalePerfectly positioned in a tightly held, family-friendly street of Algester, this low-set home offers an unbeatable combination of lifestyle, location, and renovation potential. Whether you're a savvy investor, flipper, or family looking to create your dream home, this property is a rare opportunity to secure a solid residence with scope to add significant value - including potential for a second dwelling or granny flat (STCA).
Step inside to a practical and flexible layout designed for both comfortable living and creative renovation. A generous open-plan lounge and dining area flows seamlessly, ready to be transformed to suit modern tastes. The kitchen features stone benchtops, a full-length breakfast bar, ample storage, and quality appliances, providing a functional foundation for a stylish upgrade.
Accommodation includes four spacious bedrooms, and split-system air-conditioning throughout. The master suite offers a private ensuite, while the central bathroom has been fully gutted - a blank canvas to create a contemporary showpiece. A versatile fifth bedroom or media room is also ready to be ensuited, offering the perfect opportunity to add a second master retreat, guest suite, or entertainment hub.
Outside, a private backyard sanctuary awaits, with a covered patio overlooking spacious lawn - ideal for family living, weekend barbecues, or play space for children and pets. The generous block and positioning offer potential to build a secondary dwelling or granny flat (STCA), further enhancing investment or lifestyle opportunities.
Property Highlights:
• 589sqm Land Size with Wide Frontage 18meters
• Four Bedrooms + Fifth Bedroom / Media Room Ready to Ensuite
• Master Suite with Private Ensuite | Built-In Robe | Access to Yard
• Centralised Bathroom Ready to Renovate
• Open-Plan Living & Dining | Kitchen with Stone Benchtops | Ample Cabinetry
• Timber Flooring Throughout
• Double Carport | Garden Shed | Undercover Entertaining Area
• Potential Secondary Dwelling / Granny Flat (STCA)
Location Highlights:
• Algester Star Shopping Centre | Central Park Shopping Mall
• Sunnybank Hills Shoppingtown | Calamvale Central
• Calamvale District Park | Plenty of Local Parkways
• Algester State School & Calamvale Community College
• City Bus Routes (130)
A rare find for renovators and investors alike, this home combines lifestyle, location, and enormous potential. With key spaces ready to transform, it's a blank canvas to create a stunning modern home or lucrative investment in one of Algester's most desirable streets.
Our instructions are clear - this property must be SOLD! To ensure that you do not miss out on this opportunity, register your interest today.
DISCLAIMER:
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions. (including but not limited to a property's land size, floor plans and size, building age and condition) Interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Miranda Cheang, Ray White Rochedale — reproduced as published, not verified by Districts.
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