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Queensland

Modern investment property with a contemporary single-storey design, landscaped front yard, and double garage in a suburban neighbourhood.

3 bed, 2 bath, 1 car, 307 m², House

Local area · ABS 2021

Families · 4,669 pop · Renters

Purchase price
$571,000
Current value
$655,000
Capital growth
14.71%
Cash on cash
98.82%

Purchased in 2025, this 3 bedroom, 2 bathroom home in QLD was secured for $571,000, offering accessible entry into one of North Queensland's largest and most economically diverse regional cities.

Currently achieving $553 per week in rent, the property delivers a gross rental yield of 5.04%, supported by sustained demand from families, defence personnel, and essential services workers across the broader region.

Set in an established residential area with close access to schools, parks, shopping, and key road connections, the property benefits from a resilient local economy anchored by defence, healthcare, education, and logistics. The area draws a broad and consistent tenant base from across the city's diverse workforce.

Value growth

Aug 2025–May 2026

Equity gained

+$84,000

Aug 2025May 2026$571,000$655,000

Purchase breakdown

Date purchased
Aug 2025
Date of value
May 2026
Stamp duty
$21,078
Deposit
$68,520
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$84,000
Capital growth
14.71%
Cash on cash return
98.82%
Weekly rent
$553
Equity growth
84000%

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