OFF MARKET

4/51-55 Palmer Street
South Townsville QLD 4810

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 136m2
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Property Details for 4/51-55 Palmer St, South Townsville

4/51-55 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1996. The property has a land size of 136m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in May 2009.

Building Type
Unit
Year Built
1996
Floor Size
95m2
Land Size
136m2
Local Government
Townsville City
Lot/Plan
4/SP184147

Last Listing description (August 2020)

Emcompassing tantalising views across Townsville Yacht Club Marina, this 'Anchorage' waterside apartment presents a unique investment opportunity for single or dual key occupancy. It's just a stroll to Palmer Street's quality restaurants options and the city centre.
- Modern north facing apartment offers two separate entrances
- Lucrative potential to lease as either one or two apartments

- Ideal investment with long-term tenants already established
- Interiors offer open living/dining zone with electric kitchen
- Flow to two entertaining balconies both capturing cool breezes
- Generous bedrooms are both appointed with built-in wardrobes
- Second dwelling would consist of studio bedroom/kitchenette
- Well managed serviced apartment complex boasts pool and spa
- Secure entry and parking, lift access and on site reception
- Moments to Townsville city centre shops and waterside parks

Property History for 4/51-55 Palmer St, South Townsville, QLD 4810

A timeline of how this property has performed in the market
Last Sold
$400,000
10 May 2009
  • 11 Mar 2019
    Listed for Sale $300,000
  • 11 Apr 2017
    Listed for Sale PRICE BY NEGOTIATION OVER $300,000
  • 07 Mar 2016
    Listed for Sale NEG. OVER $300,000
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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.