38/157 Dalmeny Street, Algester QLD 4115
38/157 Dalmeny Street, Algester QLD 4115
3 bed townhouse in Algester | 156sqm land with pool | 70% owner-occupied complex | strong comparable sales uplift
This unit offers a rare configuration edge in a predominantly owner-occupied complexโthe in-ground pool and fully fenced courtyard are genuine differentiators for families seeking low-maintenance outdoor living. The 2015 purchase history and the nearby unit 6/157โs 80% value uplift over six years signal consistent capital growth in this pocket. FTTP and 5G coverage reinforce appeal for remote workers, though they are not primary drivers. The property suits owner-occupiers prioritising school catchment access and minimal strata-style upkeep, or investors targeting the $610pw rental midpoint with above-average tenant demand in a 70% owner complex.
The bushfire overlay is a specific risk that may lift insurance premiums and narrow buyer pools at resale, though the absence of flood or heritage overlays limits downside. The 156sqm lot is compact, and the 2015 last-sale data gap leaves some pricing opacityโthough comparable sales at 4/157 ($843k midpoint) and 6/157โs $555k 2024 sale provide a credible valuation anchor. The opportunity lies in the complexโs 70% owner-occupier profile, which typically supports price resilience, and the 16-day average days on market in Algester, suggesting liquidity for future exit.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 38/157 Dalmeny Street, Algester QLD 4115
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.