1/12 Lancewood Street, Algester, QLD 4115 | Property Value & History | OnTheHouse
OFF MARKET

1/12 Lancewood Street
Algester QLD 4115

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 75m2
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Property Details for 1/12 Lancewood St, Algester

1/12 Lancewood St, Algester is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 75m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
1985
Floor Size
57m2
Land Size
75m2
Local Government
Brisbane
Lot/Plan
1/SP225980

Last Listing description (September 2018)

Perfectly positioned in the heart of Algester and almost next to the buzzing hub of the Algester Star Shopping Centre, minutes by car from Central Park & Parkinson Plaza, it's no wonder that this tightly held single story townhouse is sought after by investors and first home owners alike.

There are two bedrooms, both with built-in robes, renovated bathroom and an open-plan living area opening onto a back private courtyard plus a second courtyard next to the carport and storage there is not much more you can ask for.


This one is rented at $300 per week and has almost never been empty, however the lease is periodical so you can move straight in if you decide to make this home. The current tenant has been very happy here and may even want to stay on but your income is assured as these rent very quickly.

At a glance...

- Located in a quiet street
- Between Star Shopping Centre, Central Park Shopping Centre and Parkinson Plaza
- Walking distance to schools
- Currently rented at 300 pw
- Open-plan living
- Two private sunny courtyard areas
- Carport and storage

Close to child care, shops, public transport and a myriad of local amenities with quick access to motorways for an easy commute in any direction. So whether you are looking for your first home, down-sizing or simply an investment property you are bound to find long lasting value from this top location that has all the makings of a Blue- Chip Investment.


Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.


Rental income $300/w
Open-plan living
Walking distance to schools
Two bedrooms with built-ins
Renovated bathroom
Private courtyard

Property History for 1/12 Lancewood St, Algester, QLD 4115

A timeline of how this property has performed in the market
Last Sold
$257,000
28 May 2018
Listed for Rent
$300/w
04 Jul 2017
  • 28 May 2018
    Sold for $257,000
  • 11 May 2018
    Listed for Sale Offers Over $259,000
  • 27 Apr 2016
    Listed for Rent $315 / week
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About Algester 4115

The size of Algester is approximately 3.6 square kilometres. There are 12 parks, covering nearly 10.7% of the total area. The population of Algester in 2016 was 8433 people. By 2021 the population was 9020 showing a population growth of 7.0% 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 2021, 68.10% of the homes in Algester were owner-occupied compared with 69.50% in 2016.

Algester has 3,678 properties. Over the last 5 years, Houses in Algester have seen a 101.53% increase in median value, while Units have seen a 146.50% increase. As at 31 May 2026:

  • The median value for Houses in Algester is $1,166,855 while the median value for Units is $838,105.
  • Houses have a median rent of $700 while Units have a median rent of $615.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Algester on OnTheHouse. According to Cotality's data, 147 properties were sold in the past 12 months in Algester.

Suburb Insights for Algester 4115

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.