This property is Off Market
With an average age of 33, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $445. The average family earns a weekly income of $2,250 with a typical household size of 3.1 and a 91.83% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Algester due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Algester provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Algester necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 5%)
Algester a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
30 / 100
32 / 100
Industry
40 / 100
32 / 100
Population
27 / 100
40 / 100
House Prices
75 / 100
63 / 100
Jobs
30 / 100
31 / 100
Incidents Trend State Average
Unlawful Entry
Assault
Other Property Damage
Traffic and Related Offences
Drug Offences
Unlawful Use of Motor Vehicle
Other Theft (excl. Unlawful Entry)
Good Order Offences
Other Offences Against the Person
Fraud
Handling Stolen Goods
Arson
Weapons Act Offences
Robbery
Trespassing and Vagrancy
Miscellaneous Offences
Aboriginal & Islander Independent Community School
Acacia Ridge, QLD, 4110 Independent Prep-12
Autism Queensland Education & Therapy Centre
Sunnybank Hills, QLD, 4109 Independent U
Sunnybank Hills State School
Sunnybank Hills, QLD, 4109 State Prep-6
Watson Road State School
Acacia Ridge, QLD, 4110 State Prep-6
Calamvale Community College
Calamvale, QLD, 4116 State Prep-12
OP Results Rankings
OP scores: 54 OP 1 to 5 9 (16.67%)
St Stephen's School
Algester, QLD, 4115 Independent Prep-6
Calamvale Special School
Calamvale, QLD, 4116 State Prep-12
Algester State School
Algester, QLD, 4115 State Prep-6
Runcorn Heights State School
Runcorn, QLD, 4113 State Prep-6
Wisdom College
Calamvale, QLD, 4116 Independent Prep-10
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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