65/11 Penny StreetAlgester QLD 4115
Property Details for 65/11 Penny St, Algester
65/11 Penny St, Algester is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2005. The property has a land size of 188m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (November 2023)
This home has potential written all over it. Current rental appraisal is $460-$480pw for this unit that could give you a 6.1% gross rental yield, given that 5% is seen as a good industry average, this is insane!
Tenants will love the low maintenance living that this home offers, meaning they can spend more time enjoying the cafes, restaurants and parklands instead of worrying about maintaining gardens. Vacancy is known to be exceptionally low in this area due the amenity on the front doorstep. Close to Calamvale Central and Sunnybank Hills Shopping town tenants will be spoilt on where to do their weekly groceries and shopping.
Ceiling fans in the bedroom to keep you cool in summer months and air con for those really balmy Qld summer days!
Other amazing features of this home include:
o Master bedroom with ensuite
o Modern kitchen with stainless steel appliances and dishwasher
o Bedrooms with built in robes
o Open plan living and dining
o Security screens to all sliding windows and door
o Plus much much more..
So, if you 're looking for an affordable, low maintenance, low vacancy investment property that offers a fantastic return, then look no further! This is priced to sell so call Nora on
0498 710 115 quick to arrange your inspection.
Disclaimer:
PLEASE NOTE: *With the advice and direction from Federal Government and Real Estate Institution of QLD (REIQ), we are excited to now be conducting open inspections. Please keep in mind restrictions still apply with a maximum of 50 attendees inside the property at one time. Social distancing and hygiene protocols will also be strongly observed.
*Important. Whilst every care is taken in the preparation of the information contained in the marketing, Purple Cow Real Estate will not be held liable for any errors in typing or information. All information is correct at the time of advertising.
Property History for 65/11 Penny St, Algester, QLD 4115
- 08 Aug 2022Sold for $405,000
- 05 Jul 2022Listed for Sale Offers over $399K+
- 07 Jan 2019Sold for $285,000
Recent sales nearby
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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 3,678 properties. Over the last 5 years, Houses in Algester have seen a 103.42% increase in median value, while Units have seen a 154.27% increase. As at 30 April 2026:
- The median value for Houses in Algester is $1,156,685 while the median value for Units is $824,179.
- Houses have a median rent of $700 while Units have a median rent of $600.
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