As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Algester.
A new childcare centre could be built in place of two existing homes in Algester, if approval is given to demolish the dwellings and build the facility.
The two-storey childcare centre to be built on a 1,618sq m site at 175 Ridgewood Road and 4 Helicia Street would cater for 100 children.
It would have two outdoor play areas, seven activity rooms and 20 car parks, and operate from 6.30am to 6.30pm on Monday to Friday.
The childcare centre will meet a need for childcare in the area, with existing centres having a very high occupancy rate.
It is situated within walking distance to St Stephen’s Catholic Primary School and Algester State School, and close to employment nodes within the area.
Market Snapshot – Algester
|Median house price||House average annual price growth||Houses sold over past 12 months||Median Unit price||Unit average annual price growth||Units sold over the past 12 months||Demand level||Population||Median age of residents||% of renters|
|$610,000||1.58%||183||$320,500||7.56%||44||Good (H) & Very good (U)||8,433||35||28.3%|
Source: CoreLogic, ABS 2016 Census, www.dsrdata.com.au
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