59 Silkwood Street, Algester, QLD 4115 sold on 03 May 2025 | OnTheHouse
SOLD
Sold on 03 May 2025 for $948,000

59 Silkwood Street
Algester QLD 4115

Bedrooms: 5
Bathrooms: 2
Car spaces: -
Land area: 680m2
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Property Details for 59 Silkwood St, Algester

59 Silkwood St, Algester is a 5 bedroom, 2 bathroom House. The property has a land size of 680m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 5 bedroom House sold in Algester in the last 12 months.

Building Type
House
Land Size
680m2

Last Listing description (May 2025)

Auction Location: On-Site

Room to Grow, Space to Share – Dual Living That Works for Every Chapter and Can Earn Up to $1,000/Week

This warm and welcoming lowset home is where practicality meets possibility. Whether you're an investor looking for strong returns, a first home buyer starting your journey, or someone simply seeking a practical, welcoming place to call home, this one ticks every box.

From the moment you step inside, there's a warmth that wraps around you. The main living area is open and light-filled, with timber floors, soft tones, and a relaxed flow from the lounge to the dining and kitchen. Large glass doors invite the outdoors in, opening to a peaceful deck and leafy garden—a perfect spot for morning coffee or unwinding in the evening.

The heart of the home is functional and full of charm. The kitchen, with its ample bench space and breakfast bar, connects seamlessly to the dining room. The layout is smart and family-friendly, designed for easy living through busy weekday mornings or slow Sunday brunches.

With four bright, well-sized bedrooms, this home offers comfort, natural light, and space for the whole family—whether it's for kids, guests, or a peaceful home office. The master bedroom features its own air conditioning for year-round comfort, while the main bathroom is modern and bright, with a timeless design that suits any style and adds a sense of calm to your daily routine.

What truly sets this property apart is its fully self-contained second dwelling. With its own private entry, living room, bedroom, kitchen, and bathroom. It's perfect for extended family, guests, or as a potential income stream. With both dwellings, the property has the potential to generate approximately $1,000 per week in rental income—making it a smart choice for investors chasing solid returns.

Outside, a large undercover patio stretches the width of the home—perfect for weekend BBQs, family celebrations, or simply enjoying the garden in peace. There's off-street parking, privacy, and a layout that suits every stage of life. Warm, functional, and full of potential, this is more than a house—it's a home that works for you. Whether you're growing your portfolio or planting roots, it's ready for its next chapter.

What we love about the home:
- A fully self-contained second dwelling with its own entrance—perfect for welcoming extended family, hosting guests in comfort, or generating potential rental income of approx. $1,000/week
- Electric stove and hot water system offering simplicity, reliability, and ease in everyday living
- Solar electricity system to help lower bills and live more sustainably
- Split system air-conditioning and ceiling fans to keep you cool and comfortable
- A separate laundry space that makes everyday chores feel simple and stress-free
- A fully fenced yard that gives kids and pets the freedom to play safely, with peace of mind for you
- A huge undercover patio made for weekend BBQs, lazy afternoons, and long chats with friends
- Handy side access—ideal for extra vehicles, trailers, or just making life that little bit easier
- A tidy garden shed offering space for tools, hobbies, or just keeping everything in its place
- Located within Algester State School and Calamvale Community College
- Located in a vibrant, well-connected pocket—just moments from Algester Asian Mart, Calamvale Central, Sunnybank Hills Shoppingtown, local shops, beautiful parks, and a variety of restaurants for every craving

Disclaimer:
All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.

If the property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 59 Silkwood St, Algester, QLD 4115

A timeline of how this property has performed in the market
Last Sold
$948,000
03 May 2025
Listed for Rent
09 Jun 2025
  • 05 Jun 2025
    Listed for Rent $350 / week
  • 03 May 2025
    Sold for $948,000
  • 09 Apr 2025
    Listed for Sale Auction
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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 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 3,679 properties. Over the last 5 years, Houses in Algester have seen a 101.51% increase in median value, while Units have seen a 142.59% increase. As at 30 November 2025:

  • The median value for Houses in Algester is $1,062,726 while the median value for Units is $740,291.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 19 properties listed for sale, and 10 properties listed for rent in Algester on OnTheHouse. According to Cotality's data, 140 properties were sold in the past 12 months in Algester.

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Jason Bing
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Owen Chen
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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.