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 3.3% and has experienced a 12-month capital growth of Up 14.2%, with a median house buy price of $1,104,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$972,500
$1,191,000
$1,104,000
Suburb Market Profile
Last month Algester had 24 properties available for rent and 23 properties for sale. Median property prices over the last year range from $1,104,000 for houses to $760,000 for units. If you are looking for an investment property, consider houses in Algester rent out for $700 PW with an annual rental yield of 3.3% and units rent for $630 PW with a rental yield of 4.0%. Algester has seen an annual compound growth rate of 14.2% for houses and 18.8% for units.