Townsville City is a smaller suburb in Queensland within the Townsville local government area (postcode 4810). With a population of 2,945, the suburb has an established demographic with a median age of 39. Households earn a median income of $105K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Townsville City is $960,000, having surged 15.7% over the past year. Units have a median price of $350,000 (+6.1% YoY). The median weekly rent is $390 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,663.
Healthcare facilities include 1 private hospital. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Townsville City offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($960K/$1.1M). The price-to-income ratio of 9.2x is considered moderate. House prices have moved +15.7% year-on-year.
Townsville City is a smaller suburb in Queensland within the Townsville local government area (postcode 4810). With a population of 2,945, the suburb has an established demographic with a median age of 39. Households earn a median income of $105K per year, with an average household size of 1.8 people. The most common occupations are professionals, managers, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Townsville City is $960,000, having surged 15.7% over the past year. Units have a median price of $350,000 (+6.1% YoY). The median weekly rent is $390 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,663.
Healthcare facilities include 1 private hospital. The crime rate in the Townsville LGA is higher than average at 10,770 incidents per 100,000 population.
From an investment perspective, Townsville City offers a gross rental yield of 2.1%, rated as low yield. Property prices are near the state median ($960K/$1.1M). The price-to-income ratio of 9.2x is considered moderate. House prices have moved +15.7% year-on-year.