FOR SALE
$549,000

21 Colvin Street
Oonoonba QLD 4811

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 313m2
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Three Bed Near the City with Great Return!

Investors! This modern house close to the Townville CBD has the potential to rent out for $570 to $600 per week!
What do people look for in a smart investment? A modern home with a good return in a great location. Our 3 bedroom, 2 bathroom property at 21 Colvin Street, Oonoonba ticks all of these boxes.
This suburb is highly sought after by Townsville families because of its proximity to the CBD and Townsville's largest employers - James Cook University, the Townsville Hospital and Lavarack Barracks Army Base. Just a short walk from the front door are paths along the Ross River which are great for cycling enthusiasts and of course, dog walking.
Inside the home you will find a large, open-plan living area cooled by a split-system air conditioner. The kitchen features a breakfast bar for quick meals on the go. Families who love to cook will appreciate the four-burner gas stove and space for a large plumbed fridge.
All three bedrooms feature split-system air conditioning and built-in wardrobes. The family bathroom has both a shower, and a tub for the kids.
Need access to the back yard to store your toys? A drive-through garage with a rear roller door makes secure storage of your box trailer or tinny easy!
The location is fantastic. Townsville's favourite shopping centre at Fairfield is just a few minutes drive away. Dining on Palmer Street in the City is about a 5 minute drive. There are wonderful parks in this neighbourhood which are perfect for your kids and pets to play in.
This property is currently tenanted at $575/week with a lease ending in January 2025. It's so hard to find property perfect for investment in Townsville right now so be quick!

Property Details for 21 Colvin St, Oonoonba

21 Colvin St, Oonoonba is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 313m2. The place is currently for sale with Cutting Edge property.

Building Type
House
Land Size
313m2

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About Oonoonba 4811

The size of Oonoonba is approximately 2.5 square kilometres. It has 1 park covering nearly 1.5% of total area. The population of Oonoonba in 2011 was 1,154 people. By 2016 the population was 1,691 showing a population growth of 46.5% in the area during that time. The predominant age group in Oonoonba is 20-29 years. Households in Oonoonba are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oonoonba work in a professional occupation. In 2011, 62.5% of the homes in Oonoonba were owner-occupied compared with 55.6% in 2016.

Oonoonba has 1,292 properties. Over the last 5 years, Houses in Oonoonba have seen a 82.59% increase in median value, while Units have seen a 64.89% increase. As at 31 October 2024:

  • The median value for Houses in Oonoonba is $546,855 while the median value for Units is $410,575.
  • Houses have a median rent of $470 while Units have a median rent of $380.
There are currently 9 properties listed for sale, and 3 properties listed for rent in Oonoonba on OnTheHouse. According to CoreLogic's data, 103 properties were sold in the past 12 months in Oonoonba.

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Abigail Fairbanks
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