Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › Parkinson › Algester Rd

532 Algester Rd, Parkinson QLD 4115

House

$965,000

Last sold

5 Aug 2021

5

Bedrooms

2

Bathrooms

2

Car spaces

800 m²

Land

191 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $965,000 (5 Aug 2021).(Recorded sale)
  • CalculationLand 800 m² against a 191 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Parkinson (last 5 years) with land size: median $1,822/m² of land (n=84). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$965,000

5 Aug 2021 · derived via latest_sale

Local land rate: recorded House sales in Parkinson (last 5 years) with land size have a median of $1,822/m² of land (n=84). Districts calculation from recorded sales — not a valuation.

Parkinson at a glance

12,093

People

$1,432,500

Median sale

$750/wk

Median rent

2.72%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Parkinson report →

Vs Parkinson

-32.6%

Median sale

Suburb $1,432,500

+1.32 pp

Gross yield

Suburb 2.72%

Suburb median $1,432,500 from 54 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listedprice unknowncompleted12 Aug 2021
  2. Sold$965,0005 Aug 2021

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $750/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Parkinson in one glance

Parkinson at a glance

12,093

People

$1,432,500

Median sale

$750/wk

Median rent

2.72%

Suburb gross yield

Median sale from 54 recorded sales (last 12 months) — a Districts calculation.

See the full Parkinson report →

Keep researching

  • Why Parkinson? Read the area thesis →
  • What else is on the market in Parkinson →
  • Other records on Algester Rd →

Listing material

Listed by Avenue Property

SOLD in 3 Days by JAY ASTON | 0416 140 227 - | NEW STREET RECORD | -

ALL PROPERTIES GROUP & JAY ASTON SOLD…

- | 532 Algester Road Parkinson | -

One of the most impressive homes of the year in this highly sought after estate - completely renovated top to bottom - move in and just call it home!

Read the full description

It is with great pleasure we get to introduce one of the most stunning and immaculate homes of the year to the market.

Welcome to 532 Algester Road, Parkinson - from the first moment you step inside this impressive residence you a greeted with a privately fenced front yard which also hosts as a great spot to get together on the weekends have some breakfast and watch the kids play on this low maintenance synthetic grass area. This property is perfectly positioned on a large 800sqm block - but just wait until you step inside this prestige home.

The home - If you were after that one property where you can simply just walk in unpack and call home, then this truly is the one for you. Fitted with the highest quality of finishes and appliances this large family home features 5 large bedrooms, 2 Massive bathrooms, a massive open plan kitchen and dining theres ample space for a growing family with 2 seperate living areas . From the White Attica Caesar stone bench tops to the stylish floor to ceiling tiles in both bathrooms to the black oliveri stone black sink and top - this is just one of those homes you must come and inspect.

The Entertainment - one the WOW factors about this property is the massive outdoor entertaining area looking out to the gorgeous in ground heated swimming pool. Now something you don't see everyday but is an impressive add on is the outdoor enclosure area, built by Suncoast Outdoor Screens this completely enclosed structure is designed to keep out harmful UV rays, mosquitoes, bugs but still lets a natural breeze through to the home so you can sit back and enjoy this impressive lifestyle.

Location - where location is king this property is located within short walking distance to the popular Drakes Parkinson for all grocery shopping needs which also has a bakery, pharmacy and a great selection of other shops. Not to mention being able to walk to numerous bus stops along this road and to add to an already enviable position the popular Lakewood Park and duck park are also just down the road making for a lovely morning stroll with the family. Not to mention is positioned within minutes drive to motorway access and within 10 Minutes to major shopping outlets & restaurants at the Grand Plaza Shopping centre. The location of this home is truly ideal.

The features for this impressive home are just to long to list it is - I look forward to seeing you all at our inspections.

Reasons we love 532 Algester Road, Parkison -

- 5 Spacious Bedrooms - 4 with built ins

- Massive master room with walk in robe an ensuite

- 2 Oversized Stylish Bathrooms - Floor to ceiling tiles

- 40mm White Attica Ceasar Stone Bench with waterfall

- 20mm White Attica Ceasar Stone Bench in pantry & vanities

- Oliveri Black Stone Sink Top

- Fisher & Pykel Gas Stove

- Fisher & Pykel Oven - self cleaning

- White Soft Close Stylite Kitchen & Cupboards

- Large open plan kitchen & dining

- 2 x Additional Living areas

- Intercoms / Radios in all rooms

- Ducted AC - Mitsubishi Heavy Duty

- Huge Laundry with plenty of cupboard space

- Prowler Proof Security Screens across the whole house

- Security Alarm System with monitors

- Large outdoor entertaining area

- 6KW Solar System

- Heater in ground swimming pool

- Outdoor entertaining Deck

- Outdoor Area Fully Enclosed by Suncoast Outdoor Screens

- Double Lock up Garage

- Fully Fenced - Colour Bond

- Synthetic Grass in the front

- 7 Shade Sails over front yard & Garage for additional Covered car space

- Rain water tanks - 7500L

- Walking Distance to Drakes Parkinson shops and the shopping centre

- Walking Distance to Public Transport

- Walking Distance to local parks and duck ponds

- Brisbane City Council

- 29KM from the Brisbane CBD

- Within 10 Minutes Drive to all major shopping outlets and restaurants

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Due to the current COVID-19 situation and health and safety, social distancing still applies when attending inspections.

Disclaimer:

All information provided has been obtained from sources we believe to be accurate.

However, we cannot guarantee the information is accurate and we accept no liability for any 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 Jay Aston, Avenue Property — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Intercom
  • Living Areas: 2
  • Pool
  • Solar Panels
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.