OFF MARKET

38/30-34 Palmer Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 82m2
Land area: 116m2
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Property Details for 38/30-34 Palmer St, South Townsville

38/30-34 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit and was built in 1999. The property has a land size of 116m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in December 2013.

Building Type
Unit
Year Built
1999
Floor Size
82m2
Land Size
116m2
Local Government
Townsville City
Lot/Plan
38/SP122692

Last Listing description (January 2014)

There has never been a smarter time to invest than now! This exceptional two bedroom dual key apartment is managed by the Quest group and has a guaranteed rental of $27,000 per annum until 2017 + 3 x 5 year options. Located on Level 7

- Lease until 2017 + 3x5 year options
- Fixed annual rental increases at 4%

- No vacancies, no management fees, no repairs
- Attractive taxation benefits
- Administrative Fund $3, 200 per annum (approx)
- Sinking Fund $1240 per annum (approx)
- Rates $1400 per annum (approx)

Apartment 511
Fully self contained kitchen
Separate double sized bedroom with built in cupboards
Designer bathroom with luxurious corner spa
Balcony with stunning marina and city views

Apartment 512
Open plan living
Two single beds
Small kitchenette
Separate bathroom
Balcony with stunning marina and city views
Located in the City's most sought after entertainment, dining and retail hub - the vibrant CBD is on your doorstep.

Property History for 38/30-34 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$265,000
15 Dec 2013
  • 15 Dec 2013
    Sold for $265,000
  • 04 Dec 2013
    Listed for Sale $275,000
  • 13 Apr 2010
    Listed for Sale $315,000
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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.