Queensland
Purchased in 2025, this 3 bedroom, 2 bathroom home in QLD was secured for $571,000, offering accessible entry into one of North Queensland's largest and most economically diverse regional cities.
Currently achieving $553 per week in rent, the property delivers a gross rental yield of 5.04%, supported by sustained demand from families, defence personnel, and essential services workers across the broader region.
Set in an established residential area with close access to schools, parks, shopping, and key road connections, the property benefits from a resilient local economy anchored by defence, healthcare, education, and logistics. The area draws a broad and consistent tenant base from across the city's diverse workforce.
Local area snapshot (ABS 2021 Census):
Most households are: Families
Population: 4,669
Most residents are: Renters
Property Features
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Purchase Details
Cash On Cash Return
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