69 Ridgewood RoadAlgester QLD 4115
Property Details for 69 Ridgewood Rd, Algester
69 Ridgewood Rd, Algester is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 1985. The property has a land size of 911m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (August 2022)
Offers will close on Monday, 16th of May, however the owner may accept an offer prior. If you have interest any level, ensure your offer is submitted at your earliest convenience. The owner is motivated to sell, presenting a buying opportunity not to be missed!
A block of well-maintained, recently-refreshed units in the heart of vibrant Algester, this rare opportunity promises a prosperous return - and stress-free addition to your portfolio!
Each of the three units have been well-maintained, and splashed with contemporary touches to pay respect to the character of the buildings, but tastefully modernise the space, offering the residents stylish living, and elevating the return of each unit.
Each offering an abundance of space through the clever design, they ooze appeal to quality tenants, allowing you enjoy the future benefits - a solid rent return, and substantial growth over forthcoming years!
Here is more information:
Three units in total - two are two bedrooms, and one bathroom, one offers three bedrooms, and one bathroom.
A strong rental income - the units have the capacity to return between $300 - $450 per week!
Ample visitor parking, and secure garage parking for each residence
All are in fantastic condition, with quality renovations, including Hybrid flooring, modern and spacious kitchens, recently refreshed bathrooms, charming exposed brick and polished timber features, and plenty of space through its' thoughtful design.
Low outgoing fees
Location Features:
Low-vacancy area, with strong appeal to quality tenants
Moments away from schools, sporting centres, recreational parks, and more
Less than 5-minute drive from childcare centres, aged care centres, and places of worship to cater to all denominations
Easy access to major motorways, taking you all over Brisbane
Walking distance to local grocers, convenience stores, restaurants and dining options
Public transport closeby
All information contained herein is gathered from sources we consider to be reliable. However we can not guarantee or give any warranty about the information provided and interested parties should rely solely on their own enquiries.
Property History for 69 Ridgewood Rd, Algester, QLD 4115
- 13 May 2022Sold for $1,200,000
- 04 May 2022Listed for Sale Submit Offers: Closing Monday, 16th of May
- 13 Oct 2016Sold for $800,000
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 3,679 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.
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