Algester, 4115 ranked 500th in QLD when comparing growth in median property values or capital gain over the last 12 months. Algester is one of 2415 in our list for QLD
A 25.87% growth in median value for property investors in Algester,4115 puts this suburb at number 227th in terms of best performing suburbs in QLD
Our latest figures would indicate that property sellers in Algester are currently offering property investors an average price cut of -3.11% below the asking price at the moment.
Algester, 4115’s gross rental yield is 4.45%
Algester has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 3.44% to date .
Taking the average capital gain, or increase in median house value, Algester,4115 has racked up an average of 3.44% over the period. This ranks it number 1299th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Algester, 4115. Typically our figures indicate that -5.03% is being offered, which puts this QLD suburb at 704th most discounted overall in Australia.
Residents and property investors in Algester have been waiting around 87.66 days to sell a property.
Using the current median advertised rental of $370 and the average annual increase in value of a median property of 5.61%, investors should hope to achieve an overall return of 6.10%