524 Algester Road, Parkinson QLD 4115
524 Algester Road, Parkinson QLD 4115
800m² block | 319m² executive build | Pool plus solar | Family-focused Parkinson
The property is positioned on a substantial 800 m² allotment, which is notably larger than much of the newly released product in the local corridor. The 319 m² floorplan is configured for family living, with four bedrooms, multiple light-filled areas, and an alfresco zone that connects to a landscaped, low-maintenance garden. The inground pool and solar panels add practical lifestyle appeal. Presentation is described as exceptionally well maintained, with stone benchtops and quality finishes throughout. This house is best suited to established family buyers or upgraders seeking a move-in-ready executive home within a green, park-oriented suburb, with strong school catchments and convenient transport access.
An unconfirmed build year may be weighed by some buyers against the benefits of a new build. Conflicting overlay records might be investigated through further council checks, though this is not expected to deter a motivated purchaser given the property’s overall quality. The larger-than-typical land size and established landscaping may be relied upon to support a price premium, while the pool and NBN connection are likely to be valued by families and remote workers. A softening in the upper end of the family-house segment could be experienced, which might influence how quickly a sale is concluded.
>> Comparable Sales: 514 Algester Road sold $2.1M on 1843m²; 7 Glencoe Close sold $1.57M | Property Price Band: $1.3M–$1.4M | Value Drivers: Land size, pool and executive condition, family layout
Detailed Independent Property Report prepared by PropCred Analyst team for 524 Algester Road, Parkinson QLD 4115
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
URL has been copied successfully!
Market Insight
Parkinson QLD 4115 is a family-dominated suburb where houses command a median of $1.318 million, having appreciated at a compound 10.7% annually. Demand is underpinned by established households earning between $78,000 and $130,000, with a weekly household median of $2,176. The age profile skews to 10-19 and 30-39, consistent with family buyers; 64% of owners carry mortgages, pointing to leveraged, income-secured demand. Rental pressure ise evident: three-bedroom homes average $780 weekly, four-bedroom $675, and five-plus bedroom $905, though the four-bedroom figure likely reflects mix. Sales volumes are moderate at 113-123 per year. Future growth hinges on broader Queensland population inflows and tight rental conditions, but constrained borrowing capacity remains a key risk, particularly for a suburb priced above the state median. Expanded deposit schemes may support the affordable segment, yet Parkinson’s premium position leaves it sensitive to rate cycles.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
800m²
URL has been copied successfully!