ALGESTER 4115
State: QLDPosiProp AI Investment Summary
ALGESTER (QLD 4115) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.4% and has experienced a 12-month capital growth of Up 24.2%, with a median house buy price of $1,180,278. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,020,500
$1,205,000
$1,180,278
Suburb Market Profile
Last month Algester had 24 properties available for rent and 26 properties for sale. Median property prices over the last year range from $1,180,278 for houses to $780,000 for units. If you are looking for an investment property, consider houses in Algester rent out for $710 PW with an annual rental yield of 3.4% and units rent for $630 PW with a rental yield of 3.9%. Algester has seen an annual compound growth rate of 24.2% for houses and 14.7% for units.