At number 2543th in the list of Australian suburbs ordered by increase in median house value over the last year, Algester, 4115 is in the BOTTOM 40% with a property value increase of 4.08% recorded in median house prices.
The five-year average increase in median property values for Algester,4115 has given property investors a potential capital gain of 27.82% across each of those five years.
Property investors looking for a bargain in Algester should be aiming for at least -3.37% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $5100 per annum or $425 every week.
With a capital gain of 18.97% for the last 12 months, Algester, 4115 has performed for property investments than its average annual 6.84% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Algester comes in at number 69th in QLD.
Vendor discounting in Algester is giving property investors an average Vendor Discount of around -4.68%. This puts suburb at number 219th in QLD when ranking the most discounted suburbs.
The QLD suburb of Algester, 4115 is in the Brisbane local government area.