OFF MARKET

5 Rainbowridge Crescent
Algester QLD 4115

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 151m2
Land area: 620m2
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Property Details for 5 Rainbowridge Cres, Algester

5 Rainbowridge Cres, Algester is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 620m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in March 2015.

Building Type
House
Year Built
1980
Floor Size
151m2
Land Size
620m2
Local Government
Brisbane
Lot/Plan
696/RP204400

Last Listing description (September 2007)

INVESTORS/OPPORTUNITY KNOCKS
Owner Selling- Wants to rent back for minimum 18 months at $350.00 per week.
Here is your golden opportunity with guaranteed excellent tenants until 2009. Receive cash flow plus future growth in capital gains and have peace of mind knowing your investment is being cared for.

This well presented lowset home is situated in one of Algester’s best streets handy to bus, schools and several shopping centres. It sits on highway elevated fast facing 670m² block.
Well maintained, superbly presented three bedroom plus study with large lounge/dining spacious functional kitchen with gas cooking and separate family room opening to super large pergola/entertaining areas. Security screens, alarm system and ceiling fans. Two single carports with bonus drive through access to backyard with carport.
If you are a serious investor wanting quality, future gains with regular returns you should contact me now
Call “Algester Specialist” Warren Bryant 0418 719 888
Additional feature - Entertainig Area.

Property History for 5 Rainbowridge Cres, Algester, QLD 4115

A timeline of how this property has performed in the market
Last Sold
$430,000
31 Mar 2015
Listed for Rent
$350/w
17 Dec 2009
  • 31 Mar 2015
    Sold for $430,000
  • 03 Oct 2009
    Listed for Rent - Price not available
  • 14 Sep 2007
    Sold for $359,500
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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.
There are currently 37 properties listed for sale, and 7 properties listed for rent in Algester on OnTheHouse. According to CoreLogic's data, 177 properties were sold in the past 12 months in Algester.

Suburb Insights for Algester 4115

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.