Suburb Profile

Suburb profile for,

Algester, QLD 4115

About Algester

Situated in Queensland's 4115 postcode, Algester is a well-established residential suburb.

Demographics and Community

Algester has a population of approximately 8,416, a median age of 36, a median weekly household income of $1,524.

Property Market Overview

The current median house price in Algester is $802,500. Average annual growth is 21.6%.

Properties in Algester spend an average of 32 days on market.

Rental Market

The median weekly rent for houses in Algester is $467. Gross rental yield is 3.70%, which is typical for a growth-oriented market.

Nearby Suburbs

Explore other suburb profiles in the area: Parkinson, QLD, Calamvale, QLD, Kingston, QLD, Logan Central, QLD, Woodridge, QLD.

Considering Algester for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Algester or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Algester, QLD 4115

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
QLD
Suburb
ALGESTER
Postcode
4115
Median price for all dwellings
$802,500
Last 12 months growth return
Up 21.6%
Avg. dwellings for sale in the suburb every month
26
Avg. dwellings sold in the suburb in previous 12 months
90
Avg days on market for a dwelling listing to sell
32 days
Avg. number of people searching in this suburb every month
1221
Avg. rental yield per annum
3.70%
Weekly median rent for all dwellings
$467 per week
Median price for all houses
$802,500
Avg. rental yield growth in the previous 12 months
3.70%
Avg. days for a rental listing to find a tennant
23 days
Total suburb population in 2016
8416
Total suburb population change in 5 years up to 2016
1.90%
Avg. household income per week
$1,524
Median age of the population in the suburb
36
Historic avg annual growth return per annum in the suburb
9.47%