OFF MARKET

12/30-34 Palmer Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 82m2
Land area: 117m2
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Property Details for 12/30-34 Palmer St, South Townsville

12/30-34 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 117m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in February 2007.

Building Type
Unit
Year Built
1999
Floor Size
82m2
Land Size
117m2
Local Government
Townsville City
Lot/Plan
12/SP122692

Last Listing description (February 2007)

THE CITY'S BEST INVESTMENT APARTMENT
Set in the heart of the city's premier dining and river precincy, this 2 room Palmer Street, Quest Aparment has an excellent long term tenant with 3 x 5 year lease terms still to run. Current rental return of $1,445.08 per calendar month.
This is a worry free investment in a location that is sure to enjoy security and strong growth. Tax depreciation is also available.

Total present yearly income: $17,340.96
Outgoings: Council Rates: $2,136.88 / yr
Sinking Fund: $921.05 / yr

Property History for 12/30-34 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$310,500
09 Feb 2007
  • 09 Feb 2007
    Sold for $310,500
  • 03 Feb 2007
    Listed for Sale 318000
  • 23 Nov 2005
    Sold for $247,000
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About South Townsville 4810

The size of South Townsville is approximately 5.4 square kilometres. It has 7 parks covering nearly 4% of total area. The population of South Townsville in 2011 was 2,137 people. By 2016 the population was 2,352 showing a population growth of 10.1% in the area during that time. The predominant age group in South Townsville is 20-29 years. Households in South Townsville are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in South Townsville work in a professional occupation. In 2011, 47.5% of the homes in South Townsville were owner-occupied compared with 44.8% in 2016.

South Townsville has 1,801 properties. Over the last 5 years, Houses in South Townsville have seen a 77.97% increase in median value, while Units have seen a 45.14% increase. As at 31 October 2024:

  • The median value for Houses in South Townsville is $522,877 while the median value for Units is $408,887.
  • Houses have a median rent of $500 while Units have a median rent of $495.
There are currently 16 properties listed for sale, and 13 properties listed for rent in South townsville on OnTheHouse. According to CoreLogic's data, 116 properties were sold in the past 12 months in South townsville.

Suburb Insights for South Townsville 4810

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.