Queensland

4 bed, 2 bath, 2 car, 574m², House
Local area · ABS 2021
Families · 7,171 pop · Owners
- Purchase price
- $660,000
- Current value
- $765,000
- Capital growth
- 15.91%
- Cash on cash
- 123.53%
Purchased in 2025, this 4 bedroom, 2 bathroom home in QLD was secured for $660,000, representing strong buying value in one of North Queensland's most sought-after family suburbs.
Currently achieving $634 per week in rent, the property delivers a gross rental yield of 5%, supported by a high-demand rental market driven by young families and professionals seeking quality housing in a well-serviced estate.
Within easy reach of schools, shopping centres, parks, and key road connections to the CBD and defence precincts, the property sits in a suburb that grew from 5,814 to 7,171 residents between the 2016 and 2021 census, a 23.3% increase reflecting the area's sustained appeal and strong long-term fundamentals.
Value growth
Aug 2025–May 2026
Equity gained
+$105,000
Purchase breakdown
- Date purchased
- Aug 2025
- Date of value
- May 2026
- Stamp duty
- $25,455
- Deposit
- $79,200
- Solicitor cost
- $2,000
- Pest and build
- $700
Returns
- Equity gained
- +$105,000
- Capital growth
- 15.91%
- Cash on cash return
- 123.53%
- Weekly rent
- $634
- Equity growth
- 105000%
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