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Queensland

4-bedroom, 2-bathroom Queensland House on an 695m² block showing $169,000 growth in two years.

4 bed, 2 bath, 2 car, 695m², House

Local area · ABS 2021

Families · 3,989 pop · Renters · $2,329 per week

Purchase price
$505,000
Current value
$674,000
Capital growth
33.47%
Cash on cash
198.82%

This 4 bedroom, 2 bathroom home in a growing northern Queensland suburb highlights the appeal of well positioned family homes within expanding regional markets. Sold for $495,000, the property benefited from strong local demand and lifestyle appeal close to services, schools and recreational areas.

Set on a 695 m² block with two car spaces and functional living areas, this home reflects the types of properties that continue to attract both owner occupiers and investors in the Townsville region. 

Population: 3,989

Most residents are: Renters

Median household income: $2,329 per week

‍

Value growth

Jan 2024–Jan 2026

Equity gained

+$169,000

Jan 2024Jan 2026$505,000$674,000

Purchase breakdown

Date purchased
Jan 2024
Date of value
Jan 2026
Stamp duty
$18,051
Deposit
$60,600
Solicitor cost
$2,000
Pest and build
$700

Returns

Equity gained
+$169,000
Capital growth
33.47%
Cash on cash return
198.82%
Weekly rent
$620
Equity growth
169000%

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