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
$948,000
Last sold
3 May 2025
5
Bedrooms
2
Bathrooms
0
Car spaces
680 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
$948,000
3 May 2025 · 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
-20.7%
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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Place SunnybankAuction Location: On-Site
Room to Grow, Space to Share – Dual Living That Works for Every Chapter and Can Earn Up to $1,000/Week
This warm and welcoming lowset home is where practicality meets possibility. Whether you're an investor looking for strong returns, a first home buyer starting your journey, or someone simply seeking a practical, welcoming place to call home, this one ticks every box.
From the moment you step inside, there's a warmth that wraps around you. The main living area is open and light-filled, with timber floors, soft tones, and a relaxed flow from the lounge to the dining and kitchen. Large glass doors invite the outdoors in, opening to a peaceful deck and leafy garden—a perfect spot for morning coffee or unwinding in the evening.
The heart of the home is functional and full of charm. The kitchen, with its ample bench space and breakfast bar, connects seamlessly to the dining room. The layout is smart and family-friendly, designed for easy living through busy weekday mornings or slow Sunday brunches.
With four bright, well-sized bedrooms, this home offers comfort, natural light, and space for the whole family—whether it's for kids, guests, or a peaceful home office. The master bedroom features its own air conditioning for year-round comfort, while the main bathroom is modern and bright, with a timeless design that suits any style and adds a sense of calm to your daily routine.
What truly sets this property apart is its fully self-contained second dwelling. With its own private entry, living room, bedroom, kitchen, and bathroom. It's perfect for extended family, guests, or as a potential income stream. With both dwellings, the property has the potential to generate approximately $1,000 per week in rental income—making it a smart choice for investors chasing solid returns.
Outside, a large undercover patio stretches the width of the home—perfect for weekend BBQs, family celebrations, or simply enjoying the garden in peace. There's off-street parking, privacy, and a layout that suits every stage of life. Warm, functional, and full of potential, this is more than a house—it's a home that works for you. Whether you're growing your portfolio or planting roots, it's ready for its next chapter.
What we love about the home:
- A fully self-contained second dwelling with its own entrance—perfect for welcoming extended family, hosting guests in comfort, or generating potential rental income of approx. $1,000/week
- Electric stove and hot water system offering simplicity, reliability, and ease in everyday living
- Solar electricity system to help lower bills and live more sustainably
- Split system air-conditioning and ceiling fans to keep you cool and comfortable
- A separate laundry space that makes everyday chores feel simple and stress-free
- A fully fenced yard that gives kids and pets the freedom to play safely, with peace of mind for you
- A huge undercover patio made for weekend BBQs, lazy afternoons, and long chats with friends
- Handy side access—ideal for extra vehicles, trailers, or just making life that little bit easier
- A tidy garden shed offering space for tools, hobbies, or just keeping everything in its place
- Located within Algester State School and Calamvale Community College
- Located in a vibrant, well-connected pocket—just moments from Algester Asian Mart, Calamvale Central, Sunnybank Hills Shoppingtown, local shops, beautiful parks, and a variety of restaurants for every craving
Disclaimer:
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.
If the 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.
Listing description written by Owen Chen, Place Sunnybank — reproduced as published, not verified by Districts.