Queensland
Purchased in June 2025, this 3 bedroom, 1 bathroom home in QLD was secured for $505,000, offering strong value in one of North Queensland's largest regional cities.
Currently achieving $536 per week in rent, the property delivers a gross rental yield of 5.52%, supported by tight vacancy rates and consistent demand from defence personnel, trades workers and families.
Positioned approximately 10 kilometres from the CBD, the property benefits from close access to schools, shopping centres, parks, and major road corridors, underpinned by a diverse local economy anchored by defence, healthcare, education, and port infrastructure.
Local area snapshot (ABS 2021 Census):
Most households are: Couples
Population: 4,389
Most residents are: Owners
Property Features
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Purchase Details
Cash On Cash Return
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