10 Lancewood StreetAlgester QLD 4115
Property Details for 10 Lancewood St, Algester
10 Lancewood St, Algester is a 4 bedroom, 2 bathroom Unit with 3 parking spaces and was built in 1988. The property has a land size of 911m2. While the property is not currently for sale or for rent, it was last sold in May 1988.
Last Listing description (December 2021)
A 911m2 block in the most sought after suburb of Algester. Zoned Residential B R3 this property is a must look site for all looking for immediate and future development or Investor wanting to increase their portfolio.
The property is currently set up as duel living, with 2-bedroom, Open plan kitchen, living and laundry areas for each unit. A $595 per week return is assured from long term tenants making this wonderful property a secure investment for years ahead.
Flat 911m2 block
Tiled entrance and living areas
4 bedrooms, all with built-ins, plus carpet
Convenient separate toilet
Dedicated undercover parking
Located approximately 16kms from the CBD, this property is surrounded by other growing suburbs such as Sunnybank, Parkinson, Robertson, Calamvale, Drewvale and Acacia Ridge. Close to the Logan Motorway and easy access to Beaudesert Road and only minutes' to the major arterials roads.
Having the ultimate convenience with the local shopping complex directly on the opposite side of the road. This property represents great value in this section of the market.
Call Jeff and the H1 Team to discuss how to secure this property.
Property History for 10 Lancewood St, Algester, QLD 4115
- 29 Apr 2019Listed for Rent $295 / week
- 30 May 2018Listed for Sale Price By Negotiation
- 08 Jan 2012Listed for Rent - Price not available
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0About Algester 4115
The size of Algester is approximately 3.6 square kilometres. It has 12 parks covering nearly 10.7% of total area. The population of Algester in 2011 was 8,262 people. By 2016 the population was 8,416 showing a population growth of 1.9% in the area during that time. The predominant age group in Algester is 30-39 years. Households in Algester are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Algester work in a professional occupation. In 2011, 70.1% of the homes in Algester were owner-occupied compared with 69.5% in 2016.
Algester has 3,651 properties. Over the last 5 years, Houses in Algester have seen a 86.94% increase in median value, while Units have seen a 115.47% increase. As at 31 October 2024:
- The median value for Houses in Algester is $928,886 while the median value for Units is $648,833.
- Houses have a median rent of $620 while Units have a median rent of $690.
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