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 20.0%, with a median house buy price of $1,175,555. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,095,000
$1,200,000
$1,175,555
Suburb Market Profile
Last month Algester had 26 properties available for rent and 39 properties for sale. Median property prices over the last year range from $1,175,555 for houses to $800,000 for units. If you are looking for an investment property, consider houses in Algester rent out for $720 PW with an annual rental yield of 3.4% and units rent for $630 PW with a rental yield of 4.0%. Algester has seen an annual compound growth rate of 20.0% for houses and 14.6% for units.
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