Suburb Profile Report for Algester QLD (4115)

Algester House: Median price $555,000, Annual capital growth 3.27%, Number of sales 149, Weekly median advertised rent $430

Algester Unit: Median price $316,000, Annual capital growth 1.16%, Number of sales 29, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

With a capital gain of 6.94% for the last 12 months, Algester, 4115 has performed for property investments than its average annual 3.27% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Algester has given property investors a paper return of 2.78%. This puts Suburb as 569 on a list of fastest fasting appreciating suburbs in QLD

LACK OF BUYER INTEREST may well be the reason that Algester is offering property investors an average of -4.90. This rate of discount on properties puts Suburb at number 640th in terms of most discounted suburbs in QLD

Algester is 510th on a list of best yielding suburbs for rents in QLD with a 4.03% return

With a capital gain of 8.97% for the last 12 months, Algester, 4115 has performed for property investments than its average annual 1.16% property growth over the last 5 years.

While Algester,4115 ranked number 264th in QLD for increase in median house value (annualised) increase, it is ranked 156th over the last 5 years.

On average over the past year, suburb has had 2.42 sales per month, which equates to 29 per year.

The QLD suburb of Algester, 4115 is in the Brisbane (C) local government area.

Metrics i HOUSE UNIT
$555,000 $316,000
2.78% 0.32%
6.94% 8.97%
3.27% 1.16%
$430 $380
149 29
4.03% 6.25%
42.7314814814815 35.1875

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (U), Good (H)
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Demographics
Total population 8262
Median household income ($/weekly) 1437
Median age of persons 34
Median housing loan repayment ($/monthly) 1941
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1006 12.2
    25-34 years 1456 17.6
    35-44 years 1174 14.2
    45-54 years 990 12.0
    55-64 years 1004 12.2
    Others 2632 31.9
    Age Group
    Census Count Percent(%)
    Registered Married 2991 50.2
    Not Married 2374 39.8
    Defacto Relationship 599 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 4830 63.3
    Croatia 243 3.2
    Papua New Guinea 588 7.7
    United Kingdom 435 5.7
    Other 536 7.0
    Others 1001 13.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 229 3.1
    Christianity 4968 67.1
    Hinduism 85 1.1
    Islam 237 3.2
    No Religion 1791 24.2
    Others 89 1.2
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 224 8.9
    $800-$999 223 8.9
    $1,000-$1,249 258 10.3
    $1,500-$1,999 399 15.9
    $2,000-$2,499 348 13.9
    Others 1056 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2725 43.9
    Not in the labour force 1814 29.2
    Employed, worked part-time 1175 18.9
    Employed, away from work 264 4.3
    Unemployed, looking for work 230 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 726 17.4
    Technicians & trades workers 614 14.7
    Clerical & administrative workers 823 19.8
    Sales 433 10.4
    Labourers 418 10.0
    Others 1149 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 96 5.5
    Infants/Primary 636 36.6
    Secondary 451 26.0
    Technical or Further Educational Institution 173 10.0
    University or other Tertiary Institutions 320 18.4
    Others 60 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6591 87.1
    Semi-detached, row or terrace house, townhouse 626 8.3
    Flat, unit or apartment 310 4.1
    Caravan, cabin, houseboat 40 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1203 44.5
    Rented 758 28.0
    Fully owned 738 27.3
    Other tenure type 6 0.2
    Tenure Type
Census 2011, ABS
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