Back 59 Silkwood St
Off Market

59 Silkwood St

Algester QLD 4115

5
2
0 m²
680 m²
House
Last sold for $948,000
Owen ChenOwen Chen, last sold this property on 02 May 2025 after 23 days on market.

Overview

SOLD BY PLACE SUNNYBANK

Auction Location: On-Site Room to Grow, Space to Share – Dual Living That Works for Every Chapter and Can Earn Up to $1,000/Week This warm and welcoming lowset home is where practicality meets possibility. Whether you're an investor looking for strong returns, a first home buyer starting your journey, or someone simply seeking a practical, welcoming place to call home, this one ticks every box. From the moment you step inside, there's a warmth that wraps around you. The main living area is open and light-filled, with timber floors, soft tones, and a relaxed flow from the lounge to the dining and kitchen. Large glass doors invite the outdoors in, opening to a peaceful deck and leafy garden—a perfect spot for morning coffee or unwinding in the evening. The heart of the home is functional and full of charm. The kitchen, with its ample bench space and breakfast bar, connects seamlessly to the dining room. The layout is smart and family-friendly, designed for easy living through busy weekday mornings or slow Sunday brunches. With four bright, well-sized bedrooms, this home offers comfort, natural light, and space for the whole family—whether it's for kids, guests, or a peaceful home office. The master bedroom features its own air conditioning for year-round comfort, while the main bathroom is modern and bright, with a timeless design that suits any style and adds a sense of calm to your daily routine. What truly sets this property apart is its fully self-contained second dwelling. With its own private entry, living room, bedroom, kitchen, and bathroom. It's perfect for extended family, guests, or as a potential income stream. With both dwellings, the property has the potential to generate approximately $1,000 per week in rental income—making it a smart choice for investors chasing solid returns. Outside, a large undercover patio stretches the width of the home—perfect for weekend BBQs, family celebrations, or simply enjoying the garden in peace. There's off-street parking, privacy, and a layout that suits every stage of life. Warm, functional, and full of potential, this is more than a house—it's a home that works for you. Whether you're growing your portfolio or planting roots, it's ready for its next chapter. What we love about the home: - A fully self-contained second dwelling with its own entrance—perfect for welcoming extended family, hosting guests in comfort, or generating potential rental income of approx. $1,000/week - Electric stove and hot water system offering simplicity, reliability, and ease in everyday living - Solar electricity system to help lower bills and live more sustainably - Split system air-conditioning and ceiling fans to keep you cool and comfortable - A separate laundry space that makes everyday chores feel simple and stress-free - A fully fenced yard that gives kids and pets the freedom to play safely, with peace of mind for you - A huge undercover patio made for weekend BBQs, lazy afternoons, and long chats with friends - Handy side access—ideal for extra vehicles, trailers, or just making life that little bit easier - A tidy garden shed offering space for tools, hobbies, or just keeping everything in its place - Located within Algester State School and Calamvale Community College - Located in a vibrant, well-connected pocket—just moments from Algester Asian Mart, Calamvale Central, Sunnybank Hills Shoppingtown, local shops, beautiful parks, and a variety of restaurants for every craving Disclaimer: All information contained herein is gathered from sources we consider to be reliable however we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries. If the property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Features

5 bedrooms
2 bathrooms
0 m² floor area
680 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Algester over the last 12 months, the estimated median property value of 59 Silkwood St is $1.35m.

Median value
$1.35m
Estimated value range
$1.13m - $1.77m
Median days on market
20
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Algester. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 59 Silkwood St

2025
Rented
Undisclosed
Leased on 08 Jun 2025 by Australian Property Management Alliance - Mango Hill
2025
Sold
$948,000
02 May 2025 by Owen Chen, of Place Sunnybank
2021
Sold
Undisclosed
Private Sale/Treaty on 11 Apr 2021 by Sheria Chong, of RE/MAX Masters

Happy sellers in Algester

95%
95% of sellers in Algester reported that their sale price either exceeded or met their price expectations.

Algester stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 47 reviews in Algester over the last 12 months.

Local market activity for 5 bedroom houses in Algester

In the last 12 months, 17 five-bedroom houses similar to 59 Silkwood St, have been sold.

This represents a 23% decrease in five-bedroom houses sales when compared to the previous 12 months.

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