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
$705,000
Last sold
30 Apr 2023
3
Bedrooms
1
Bathrooms
2
Car spaces
757 m²
Land
210 m²
Building
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
$705,000
30 Apr 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
-41.0%
Median sale
Suburb $1,195,000
+1.99 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 Marsden AKGSOLD AT THE FIRST OPEN HOME!
Clean & tidy, perfectly presented in the heart of Algester, offering the complete setting for a set & forget investment, this large single-level home is the ideal starter or investor opportunity. Nestled in a quiet popular street close to schools, shops & transport. A lovely Algester home with the added opportunity to add value when desired!
New carpet through the majority of the home brings contemporary appeal to a fresh interior with a family-friendly layout.
Ducted air conditioning throughout, good natural light, living flexibility with three living rooms in total allowing space for the whole family.
Central between the zones, the kitchen is appointed with good storage & handy bench space, in fantastic condition whilst also providing options to upgrade & add value in the future.
The covered patio allows you to enjoy alfresco living & dining whilst the adjacent backyard is the quintessential space children & pets love. Fenced & landscaped with easy-care greenery & a private outlook.
Additional features include a garden shed, tandem carport & backyard access.
Perfectly quiet but brilliantly central, you'll be close to multiple schools, shops & transport with Algester State School & St Stephen's Catholic Primary School, 2 close bus stops, local shops & parkland within easy walking distance. A short drive or ride delivers you to additional local shops, additional schooling, food & entertainment outlets ensuring that this location will forever remain highly sought-after!
Currently rented by a wonderful family who love & care for the home as it's their own, they wish to stay on living in this great location.
Invest today with peace of mind that the property will be well maintained & looked after for years to come.
Our favourite features:
- 757m2 block with 210m2 home
- Immaculate single-level with great appeal for young families
- Spacious living, dining & family room
- Large kitchen with good storage
- Three bedrooms with ceiling fans (built ins in two rooms)
- Original family bathroom
- Huge rumpus room with laundry
- Ducted air conditioning
- Ceiling fans
- Security screens
- Covered outdoor entertaining flowing to large, fenced backyard with room for a pool
- Front porch
- Tandem carport with backyard access
- Garden shed x1
- Walk to school, shops, food outlets & bus
* Please note the large silver garden shed in the backyard is owned by the current tenants
Proudly presented by Eliza Rees & Emma Walter of Ray White AKG who know & love Algester.
Specifications
Council: Brisbane City Council
Land: 757m2
Home: 210m2
Rental Information
Currently rented for $480 per week with a lease in place till September 2023.
Current tenants would love to stay.
New rental appraisal: $530 - $560 per week
Buying | Selling | Renting
Contact our team today for all your property needs on 0422335676 or by clicking on the external link - https://elizarees.raywhite.com/
Listing description written by Eliza Rees, Ray White Marsden AKG — reproduced as published, not verified by Districts.