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Queensland

Front exterior of a low-maintenance single-storey investment home featuring a light-coloured facade, tiled roof, covered entry, and landscaped front yard under clear blue skies.

3 bed, 1 bath, 2 car, 607 m², House

Local area · ABS 2021

Couples · 4,389 pop · Owners

Purchase price
$505,000
Current value
$2,026
Capital growth
12.97%
Cash on cash
77.06%

Purchased in June 2025, this 3 bedroom, 1 bathroom home in QLD was secured for $505,000, offering strong value in one of North Queensland's largest regional cities.

Currently achieving $536 per week in rent, the property delivers a gross rental yield of 5.52%, supported by tight vacancy rates and consistent demand from defence personnel, trades workers and families.

Positioned approximately 10 kilometres from the CBD, the property benefits from close access to schools, shopping centres, parks, and major road corridors, underpinned by a diverse local economy anchored by defence, healthcare, education, and port infrastructure.

Value growth

June 2025–May 2026

Equity gained

-$502,974

June 2025May 2026$505,000$2,026

Purchase breakdown

Date purchased
June 2025
Date of value
May 2026
Stamp duty
$18,051
Deposit
$60,600
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+-$502,974
Capital growth
12.97%
Cash on cash return
77.06%
Weekly rent
$536
Equity growth
65500%

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