SOLD
Sold on 26 Sep 2024 for $640,000

71/10 Sovereign Place
Algester QLD 4115

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 134m2
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Property Details for 71/10 Sovereign Pl, Algester

71/10 Sovereign Pl, Algester is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 134m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Townhouse sold in Algester in the last 12 months.

Building Type
Townhouse
Land Size
134m2
Local Government
Brisbane
Lot/Plan
71/SP290416

Last Listing description (November 2024)

This impressive 3 bedroom, 2.5-bathroom townhouse is situated in a well maintained complex, desirable to the investor and homeowner. Featuring air conditioned open plan tiled living, opening to a spacious alfresco area perfect for enjoying some quiet relaxation.

UPSTAIRS

3 Bedrooms with built in wardrobes & ceiling fans
Master bedroom with air conditioning & ensuite
Family bathroom with shower over bath
LOWER LEVEL
Spacious open plan living with reverse cycle air conditioning
In-built study nook
Modern kitchen with pantry, microwave space & dishwasher
Laundry with powder room
Fully fenced courtyard with covered alfresco area
Security screens
Single remote garage

COMPLEX FACILITIES
Refreshing Pool to escape the summer heat
Cardio Gym
Recreation area with shaded picnic table

This complex is managed by an onsite manager, only a short distance to public transport, 25 minutes from Brisbane CBD, and has easy access to all amenities including local shopping precincts and schools.

**Please note: All photos are representative only and may not be of the actual property.**

Extra Property Info:
Great Long term tenants, leased until November 2024.
Rent increase due May 2025.
Locality
5 min from Algester State School
7 min from Sunnybank Hills Shopping Town
10 min from Calamvale Community College(Listing ID: 21139279 )

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Property History for 71/10 Sovereign Pl, Algester, QLD 4115

A timeline of how this property has performed in the market
Last Sold
$640,000
26 Sep 2024
  • 26 Sep 2024
    Sold for $640,000
  • 05 Sep 2024
    Listed for Sale UNDER OFFER
  • 29 Jun 2022
    Sold for $580,000

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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 3,650 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.

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