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5/11 Penny Street, Algester QLD 4115

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$750k - $800k Medium Confidence Calculated based on our search observations.

Townhouse 3 Beds 2 Baths 1 Car 234 m²

Listed: 29th Jul 2026

Overview

Set within the well-regarded Rangeview Park complex, this two-storey townhouse offers a compelling entry point for first-home buyers or those seeking low-maintenance downsizing in a highly convenient locale. The property’s floor size of 234 sqm provides spacious living while maintaining manageable upkeep, ideal for individuals or families seeking comfort without excess.

Flooring throughout the bedrooms is modern and stylish, contributing to an inviting ambiance that complements the functional layout. The master bedroom features a walk-in robe and a private ensuite, enhancing privacy and comfort. Two additional bedrooms include built-in robes, catering to storage needs efficiently.

Two bathrooms include a master ensuite and an additional bathroom along with a third toilet downstairs, enhancing family functionality and convenience.
The kitchen is appointed with a ceramic cooktop and dishwasher, supporting ease in meal preparation and cleanup.
Spacious tiled living areas are air-conditioned, providing comfort through Queensland’s warmer climate while connecting seamlessly to a dining zone designed for separate seating and meals.
A remote-controlled lock-up garage and extra driveway parking accommodate multiple vehicles, ideal for families or guests.
Private outdoor spaces include a rear courtyard for relaxation and a front balcony that offers fresh air seating.
Security screens on doors and windows add peace of mind alongside the complex’s communal inground pool and BBQ area, fostering lifestyle opportunities for social and recreational activities.

Location benefits are significant, with essential amenities such as parks, schools, shopping centres, multiple dining precincts, and public transport within a 10-minute reach. Additionally, the property is strategically situated for commuting, including convenient access to Brisbane CBD approximately 25 minutes away.

Currently leased at $630 per week, the townhouse represents a practical investment option offering stable returns without substantial fuss, appealing also to investors seeking affordability combined with robust rental demand.

Local Market Insights

In Algester, Quiet Listings observed 6 new townhouses entering the market over the last 30 days, up from 3 during the previous 30-day period, with an average advertised asking price of $735,000. The property type mix of listed properties is predominantly Houses at 67%, followed by townhouses (22%), and units (7%). The most active agency for townhouses in the Algester area is currently Ray White, representing 33% of new listings, followed by @Realty with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.