37 Owenia Street, Algester QLD 4115
37 Owenia Street, Algester QLD 4115
Elevated 639m² block | 1995 lowset with fireplace and solar | Bushfire overlay noted | Algester State School catchment.
This property offers a rare combination of an elevated, fully fenced 639m² block with a solid 1995 build, ducted air-conditioning, and solar—features that reduce ongoing costs and appeal to families seeking space and efficiency. The open-plan layout with parquetry flooring and a fireplace provides character rarely found in this price band, while side access and a 5,000-litre rainwater tank add practical utility. It best suits a buyer wanting a move-in ready home with strong rental potential, supported by a high-confidence valuation above the current search band.
The bushfire overlay is the primary risk, potentially affecting insurance premiums and resale to cautious buyers, though no flood or heritage issues exist. The elevated position and 33% building coverage leave room for future extension or landscaping, offering long-term value. Hold for capital growth driven by Algester’s low days on market and high owner-occupier rate, or rent for a solid $680 weekly return.
Detailed Independent Property Report prepared by PropCred Analyst team for 37 Owenia Street, Algester QLD 4115
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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Market Insight
Algester presents as a robust, family-oriented suburb with a notably active market. Demand is driven by a diverse mix of households, from couples to families, seeking established community amenities. Recent price growth has been strong, supported by brisk sales and low days on market, indicating sustained buyer competition. Future momentum is underpinned by consistent transaction volumes, though variable listing supply presents a potential constraint on choice and affordability.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
2
Land
639m²
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