South Townsville is a smaller residential area in Queensland within the Townsville local government area (postcode 4810). The area has roughly 2,424 residents and an established family demographic, with a median age of 41. Households earn a median income of $79K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, managers. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are English, Australian, Irish.
South Townsville has a median house price of $462,000, which has surged by 10.7% year-on-year. Units have a median price of $333,000 (+12.9% YoY). The current median weekly rent is $510. This gives a gross rental yield of approximately 5.7%. The median monthly mortgage repayment is $1,517.
South Townsville is served by 1 school, including 1 primary. The average ICSEA score is 909, which is below the national average of 1,000. The crime rate in the Townsville LGA is higher than average at 10,578 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 5.7% (high yield). Property prices sit below the state median ($462K/$1.1M), which can point to relative value. The price-to-income ratio of 5.9x is considered affordable. House prices have moved +10.7% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.