2/8 Lancewood Street

Algester QLD 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.