5/51-55 Palmer StreetSouth Townsville QLD 4810
Property Details for 5/51-55 Palmer St, South Townsville
5/51-55 Palmer St, South Townsville is a 2 bedroom, 2 bathroom Unit and was built in 2000. The property has a land size of 129m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Last Listing description (November 2021)
This 2 bedroom, 2 bathroom unit is at the heart of Townsville's emerging and vibrant restaurant strip. Currently leased to the onsite management for short term letting the choice would be yours to continue and enjoy a great return, let the unit on a long term basis or move in! And what a lifestyle! Walk to bars, restaurants, pubs, the Yacht Club, the city and even The Strand. Oh and did we mention this fantastic unit is only a short walk to The Stadium.
Sit back and relax enjoy a pre-dinner drink on the balcony overlooking the inner marina before wondering along Palmer Street to one of the many restaurants.
The apartment is dual key which means you could actually live in one side and let the other or just enjoy the dual income.
The property market is on the move in Townsville and this unit is at the heart of it.
Property History for 5/51-55 Palmer St, South Townsville, QLD 4810
- 12 Nov 2021Sold for $205,000
- 27 Jul 2017Listed for Sale Low $300,000's
- 27 Apr 2006Sold for $350,000
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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.
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