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Queensland

Modern two-storey home with a double garage, driveway, and landscaped front yard under a clear blue sky.

3 bed, 2 bath, 2 car, 294 m², House

Local area · ABS 2021

Families · 7,171 pop · Ownders

Purchase price
$651,000
Current value
$755,000
Capital growth
15.98%
Cash on cash
122.35%

Purchased in 2025, this 3 bedroom, 2 bathroom home in QLD was secured for $651,000, representing strong value in one of North Queensland's most in-demand family growth areas.

Currently achieving $642 per week in rent, the property delivers a gross rental yield of 5.13%, supported by low vacancy rates and robust demand from young families and professionals seeking quality housing in an established estate setting.

Positioned in a well-connected residential estate with proximity to schools, shopping, parks, and major road connections to the CBD and defence precincts, the property sits within one of the region's fastest-growing communities. Population growth of over 23% between 2016 and 2021 reflects the area's sustained appeal and ongoing demand for quality

rental housing.

Value growth

July 2025–May 2026

Equity gained

+$104,000

July 2025May 2026$651,000$755,000

Purchase breakdown

Date purchased
July 2025
Date of value
May 2026
Stamp duty
$25,050
Deposit
$78,120
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$104,000
Capital growth
15.98%
Cash on cash return
122.35%
Weekly rent
$642
Equity growth
104000%

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