Property investors who have had real estate in Algester, 4115 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 2.04%
The five-year average increase in median property values for Algester,4115 has given property investors a potential capital gain of 25.16% across each of those five years.
Sellers are offering property buyers an average discount of -3.22% to buyers in Algester at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 10.67 sales per month, which equates to 128 per year.
Property value increases in Algester have tracked higher than the QLD average of -0.06% over the last 12 months.
The five-year average increase in median property values for Algester,4115 has given property investors a potential capital gain of 15.81% across each of those five years.
Property investors looking for a bargain in Algester should be aiming for at least -4.90% off the asking price, which is the average vendor discount being achieved at the moment.
Algester is 123th on a list of best yielding suburbs for rents in QLD with a 5.71% return