Settling in February 2024 for $555,000, this Townsville property gained $155,000 in equity within fourteen months, while renting for $600 per week, well above the suburb’s $452 median, with a 6.93% yield nearly double the area average.
A tight rental market, low stock, and a prime CBD-adjacent location underpin the result, backed by a 809 m² block with a 3-bedroom, 2-bathroom home, pool, deck, and study.
Settling in February 2024 for $555,000, this Townsville property gained $155,000 in equity within fourteen months, while renting for $600 per week, well above the suburb’s $452 median, with a 6.93% yield nearly double the area average.
A tight rental market, low stock, and a prime CBD-adjacent location underpin the result, backed by a 809 m² block with a 3-bedroom, 2-bathroom home, pool, deck, and study.