FOR SALE
Offers Over $499,000

81 Lockheed Street
Garbutt QLD 4814

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 852m2
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Calling all investors!

Calling all investors! This cosy duplex is perfect for both seasoned investors and newcomers, having a distinct advantage of no body corporate fees, allowing you to maximise your rental returns without extra costs.
Located in Garbutt, just 10 minutes from Domain Central for all your shopping needs, as well as the Townsville CBD and the iconic "The Strand" , it combines convenience with a desirable lifestyle. Easy access to major arterial roads, and close to the air port as well, this spot has a lot of future potential.
Unit 1 features:
- Larger of the two units
- Enclosed front yard
- Single Carport
- Generous living room
- 2 spacious bedrooms, both air conditioned with BIW.
- Kitchen fitted with ample bench & cupboard space, and electric stove & oven.
- Bonus large rumpus room located at the back of the unit.
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Property Details for 81 Lockheed St, Garbutt

81 Lockheed St, Garbutt is a 4 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The property has a land size of 852m2. The place is currently for sale with Ray White Townsville.

Building Type
BlockOfUnits
Land Size
852m2

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About Garbutt 4814

The size of Garbutt is approximately 12 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2011 was 2,482 people. By 2016 the population was 2,425 showing a population decline of 2.3% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Garbutt work in a trades occupation. In 2011, 37.8% of the homes in Garbutt were owner-occupied compared with 37.5% in 2016.

Garbutt has 2,416 properties. Over the last 5 years, Houses in Garbutt have seen a 74.56% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:

  • The median value for Houses in Garbutt is $478,864 while the median value for Units is $270,018.
  • Houses have a median rent of $463 while Units have a median rent of $370.
There are currently 16 properties listed for sale, and 28 properties listed for rent in Garbutt on OnTheHouse. According to CoreLogic's data, 129 properties were sold in the past 12 months in Garbutt.

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Karlee Burbidge
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Santo Spinella
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Ray White Townsville
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