Algester has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.82% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Algester has increased when compared to the 5 year average annual rate.
Property buyers and investors in Algester 4115 should be seeing an average reduction in asking price of around -2.63% . This means that Algester is holding prices well when compared to other suburbs in QLD.
The QLD suburb of Algester, 4115 is in the Brisbane local government area.
Algester has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.28% to date .
Taking the average capital gain, or increase in median house value, Algester,4115 has racked up an average of 0.28% over the period. This ranks it number 1229th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Algester is offering property investors an average of -5.97. This rate of discount on properties puts Suburb at number 91th in terms of most discounted suburbs in QLD
Residents and property investors in Algester have been waiting around 105.33 days to sell a property.