Giving property investors a an unimpressive capital gain of 0.31% for the last year, Algester, 4115 is the 2857th highest performer in Australia in this respect.
Algester,4115 has offered an average of 0.31% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Algester should be aiming for at least -4.00% off the asking price, which is the average vendor discount being achieved at the moment.
Algester is 432th on a list of best yielding suburbs for rents in QLD with a 4.56% return
Property value increases in Algester have tracked close to the QLD average of 0.65% over the last 12 months.
Sellers are offering property buyers an average discount of -4.76% to buyers in Algester at the moment, which is less than average for the rest of QLD.
At number 1044 in a list of fastest selling suburbs, Algester is in the bottom 30% of suburbs in Australia with an average of days on market 93.42 for properties listed there.
Situated 15.88km from the CBD, Algester is one of Brisbane localities in the postcode 4115.