2/12 Lancewood StreetAlgester QLD 4115
Property Details for 2/12 Lancewood St, Algester
2/12 Lancewood St, Algester is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 74m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (January 2015)
* * OPEN HOME CANCELLED * * What a great opportunity to get into the property market. Ideal for a single person, couple or retiree. This beautiful lowset, 2 bedroom unit is one of 5 units in this complex and is conveniently located across the road from the local shops and only an easy 3 minute walk to the Brisbane City bus stop.
Features include:
- Internal laundry
- Open plan living / dining area
- Low maintenance, private courtyard
- Single carport
Annual Body Corporate fees of approximately $2575p.a. (includes paid on time discount)
Council rates Approximately $250per quarter
Possible rental income of $280 - $300p.w makes this property an attractive investment opportunity!
Properties like this are attractive for investment and are in demad for renting. Be quick or miss out!
Call Chris Hubka the Exclusive Agent & Algester Area Specialist today, for more information or to book an inspection.
Property History for 2/12 Lancewood St, Algester, QLD 4115
- 15 Jan 2015Sold for $242,000
- 12 Jan 2015Listed for Sale $247,000
- 12 Jun 2009Sold for $236,000
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About 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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