37 Macaranga St, Algester is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 644m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
If you have been looking to expand your property portfolio, look no further! This three bedroom house with great tenants is in the perfect location for an investment property and on a great sized 644m2 block.
Location is one of the most important factors to any investment property and this ticks all the boxes situated just off Algester road and across from AJ's sports Centre, it's within walking distance to local schools, parks, bus services, shops and restaurants.
Accessing the front door is through the enclosed multi-purpose sun room which also connects to a large patio area, perfect for the weekend BBQ's and entertaining guests. This property features three good sized carpeted bedrooms with single bathroom and separate laundry room. Master bedroom features built-ins, ceiling fan and air-conditioning. The spacious carpeted lounge room sits adjacent the tiled dining area, and next to the well appointed kitchen with plenty of storage and bench space. The large split system air conditioner in the living area can cool the entire house when needed.
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 3,648 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:
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