Queensland

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
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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