OFF MARKET

3/30-34 Palmer Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 82m2
Land area: 118m2
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Property Details for 3/30-34 Palmer St, South Townsville

3/30-34 Palmer St, South Townsville is a 2 bedroom, 2 bathroom House and was built in 1999. The property has a land size of 118m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2005.

Building Type
House
Year Built
1999
Floor Size
82m2
Land Size
118m2
Local Government
Townsville City
Lot/Plan
3/SP122692

Last Listing description (July 2023)

We are proud to list this apartment in the heart of Townsville's dining and entertainment hub, this clean fresh self contained dual key apartment has secure off street undercover parking and is complimented by well maintained grounds and tropical spa pool.

Options of being owner occupied or fully tenanted.


This Dual key access apartment can be easily tenanted as a 2 bedroom, 2 bathroom apartment or 2 seperate units (1bed,1bath per unit)

This apartment has the capability to cater for Disabled patrons and residents. Only 1 of 2 in the whole complex.


INVESTOR QUICK FACTS!

CURRENTLY LEASED AT $950 PER WEEK

Gross Return: $49400 or 8.3%!
Approximate Gross Expenses (See below for detail) : $7192.32

Approximate Gross Expenses Breakdown:
Admin Fee $575.52 per quarter
Sinking fund $472.56 per quarter
Rates $1500 approx. for 1/2 yearly

Property History for 3/30-34 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$235,000
26 Sep 2005
Listed for Rent
$450/w
28 Jun 2022
  • 14 Dec 2021
    Listed for Rent $450 / week
  • 10 Jun 2021
    Listed for Sale $595,000
  • 31 Mar 2014
    Listed for Sale $275,000
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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 1,800 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 15 properties listed for sale, and 14 properties listed for rent in South townsville on OnTheHouse. According to CoreLogic's data, 113 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.