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.
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.
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:
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