OFF MARKET

6/367 Algester Road
Algester QLD 4115

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 161m2
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Property Details for 6/367 Algester Rd, Algester

6/367 Algester Rd, Algester is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1994. The property has a land size of 161m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Townhouse
Year Built
1994
Floor Size
90m2
Land Size
161m2
Local Government
Brisbane
Lot/Plan
6/GTP100091

Last Listing description (April 2024)

LOW BODY CORP -- FULLY AIR-CONDTIONED -- HIGHLY SOUGHT AFTER COMPLEX -- LONG-TERM TENANT

Located in a tightly held & highly sought after complex, investment opportunities such as this one are often requested yet seldom found.

Reap the rewards straight away with a lease in place until January 2024 & a great long-term tenant who has spent the last 10 years in the property.

Well managed with low body corporate that has only increased by less than $8 a week over the past 5 years, you are bound to find long lasting value from the top location that has all the makings of a Blue Chip Investment.

YOU'LL LOVE . . . .
+ Fully air-conditioned throughout with split system air-conditioners
+ Allergy friendly flooring throughout with no carpet
+ Security screens throughout
+ Quiet complex with a high ratio of owner occupiers

DOWNSTAIRS
+ Open plan lounge & dining areas with ceiling fan
+ Generous storage & bench space in the light-filled kitchen
+ Downstairs toilet for convenience
+ Dedicated laundry with direct access to the rear courtyard
+ Single lock up garage with internal entry for peace of mind
+ Large paved courtyard with walk through side access

UPSTAIRS
+ 2 air-conditioned bedrooms with built-ins & balconies
+ Bathroom has a bath, shower & toilet
+ Linen cupboard

CONVENIENCE
+ City/Uni transport at the front of the complex, 10 minute walk to other bus stops
+ Short drive to local shops including Parkinson IGA, child care centres & schools
+ 10 minute drive to Sunnybank Hills Shopping Centre, Calamvale Marketplace & Calamvale Central
+ 8 minute walk to the very popular Calamvale District Park
+ Less than a 2 minute stroll to walking/cycling tracks

NUMBERS
+ Body Corporate = $49/wk ($639/qtr - $2,556 per annum)
+ BCC Rates = $572/qtr
+ Urban Utilities = $267/qtr (amount varies with water useage)
+ Current rent = $360/wk (potential to increase to up to $400/wk at end of lease)

Very few will compare with the overall appeal of investing in this complex. If you're still in the market struggling to find an excellent investment property, contact me today so you don't miss out.

*********** Please Note ***********
Photos are not of the actual townhouse
& are of a similar 2 bedroom townhouse
in the same complex & are to be used
as a guide only.
*********************************

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 6/367 Algester Rd, Algester, QLD 4115

A timeline of how this property has performed in the market
Last Sold
$415,000
16 May 2023
Listed for Rent
$300/w
19 Mar 2011
  • 16 May 2023
    Sold for $415,000
  • 26 Apr 2023
    Listed for Sale $425,000
  • 08 Mar 2011
    Listed for Rent - Price not available
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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 3,660 properties. Over the last 5 years, Houses in Algester have seen a 84.08% increase in median value, while Units have seen a 123.76% increase. As at 28 February 2025:

  • The median value for Houses in Algester is $918,192 while the median value for Units is $661,604.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 28 properties listed for sale, and 6 properties listed for rent in Algester on OnTheHouse. According to CoreLogic's data, 151 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 liability for any loss or damage arising in connection with the data and information contained in this publication.