Taylor Pearce
62/2-4 Kingsway Place, Townsville City, Qld 4810
Offers Over $579,000
2 2 1
Open Saturday 6 June 11:00 am๐๏ธ About This Suburb (Last Updated Date: 2026-03-13)
History, Aboriginal heritage, and the story behind the name.
Townsville City โ Bindal and Wulgurukaba Country
Townsville was established as a port to serve the burgeoning pastoral industry of North Queensland. It quickly became the primary administrative center for the region, surviving major cyclones and playing a pivotal role as a military base during WWII.
The CBD has transitioned from a purely commercial zone to a mixed-use precinct featuring modern apartments, heritage refurbishments, and a vibrant stadium-led entertainment district.
Overall Score
7.2
Strong regional performance balanced by environmental and safety challenges.
Aboriginal Name
Gurrumbilbarraโ "Traditional name for the Townsville area landscape"
Name Origin
Named after Captain Robert Towns, a businessman who provided financial backing for the settlement.
Established
Established 1864; Gazetted 1866
Heritage
Port City
Stadium
๐ Scorecard
12 key dimensions scored 0โ10. Each score includes a one-line explanation.
Market Momentum
8.5
Significant price growth driven by low inventory and interstate migration.
Amenity
8.0
Excellent access to dining, the Strand, and the new stadium precinct.
Schools
6.5
Good access to private colleges, though local state catchment is average.
Transport
7.0
Highly walkable CBD with decent bus links, though car-dependent for outer suburbs.
Risk Profile
4.5
Impacted by high insurance costs and tropical weather event risks.
Liveability
7.5
High quality of life for professionals and downsizers near the water.
Demographics
6.0
High proportion of transient professionals, defense personnel, and renters.
Rental Demand
9.2
Extremely tight vacancy rates below 1% driving significant rent hikes.
Growth Potential
8.2
Strong upside from the CopperString 2032 project and green hydrogen hubs.
Affordability
7.8
Highly affordable compared to capital cities, though prices are rising fast.
Crime & Safety
4.2
Persistent issues with property crime and youth offenses in the CBD fringe.
Walkability
8.8
One of the few truly walkable environments in North Queensland.
โก Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$625,000
Estimated for 4810 houses
Median Unit
$448,000
CBD apartment average
Annual Growth
11.4%
Past 12 months
Vacancy Rate
0.8%
Critical undersupply
Gross Yield
6.2%
High for units
Safety Rank
Low
Property crime focus
โ
Key Advantages
- High rental yields attracting significant investor interest.
- Proximity to major employment hubs including the Port and Hospital.
- Lifestyle amenities like The Strand and Castle Hill within walking distance.
- Major infrastructure pipeline including green energy and defense upgrades.
- Relatively low entry price point compared to Southern Queensland.
โ ๏ธ Key Watch-Outs
- Extreme insurance premiums due to cyclone and flood risk.
- High body corporate fees on older CBD apartment complexes.
- Social issues and property crime concerns in the city center.
- Vulnerability to tropical weather events and storm surges.
- Limited secondary school options within the immediate CBD.
๐๏ธ Suburb Overview
Character, property mix, price range and what drives value here.
๐๏ธ Character
Urban Professional
How this suburb feels day-to-day.
๐ Property Types
Predominantly modern apartments and heritage-style cottages.
Dominant dwelling stock.
๐ฐ Price Range
$380k – $1.2m
Typical entry to ceiling.
๐ก Why It Matters
Townsville City is the economic engine of North Queensland. As the region pivots toward renewable energy and expanded defense capabilities, the CBD is the primary beneficiary of professional population growth.
๐ฐ Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
๐ House Median
$625,000
$550k – $950k
๐ข Unit Median
$448,000
$320k – $750k
๐ Price Trend
+11.4% past 12 months
12-month movement
๐ Weekly Rents
Houses $580pw, Units $490pw
Current asking rents
๐ 5-Year Price History
๐๏ธ Property Type Split
The market is currently characterized by a 'fear of missing out' among investors, while owner-occupiers are competing for limited stock of renovated heritage homes.
๐ฏ Affordability
How this suburb compares to metro and state medians.
๐๏ธ vs Metro Average
55% below Brisbane median
Price comparison
๐ Income Ratio
5.4x annual income
Median price รท median income
๐ณ Gross Yield
6.2% gross yield
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
While affordable by national standards, local buyers are feeling the pinch of rapid price rises and high holding costs (rates and insurance).
๐ฅ Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
๐ Vacancy Rate
0.8%
Lower = tighter market
โฑ๏ธ Days to Lease
16 days
Avg time on market
๐ Rent Growth p.a.
+14.5%
Annual rental increase
Demand Level
Very High
๐ค Tenant Profile
Defense personnel, fly-in fly-out workers, and healthcare professionals.
๐ผ Investor Outlook
Extremely strong cash flow potential. The main challenge is finding stock that isn't burdened by excessive body corporate or insurance costs.
๐ Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+11.4%
1-Year Growth
+32%
3-Year Growth
+52%
5-Year Growth
๐ Growth Drivers
- Lansdown Eco-Industrial Precinct development.
- RAAF Base Townsville and Lavarack Barracks expansions.
- CopperString 2032 transmission line project.
- Port of Townsville channel widening project.
โ Headwinds
- Rising cost of living impacting local discretionary spend.
- Insurance affordability reaching a breaking point for some.
- Potential for oversupply if high-density approvals accelerate.
๐ฎ 5-Year Outlook
Positive growth expected to continue as Townsville solidifies its role as the 'Capital of the North' and a critical hub for the energy transition.
๐ก๏ธ Crime & Safety
Safety index, trend comparison, and what to check locally.
4.2
Safety Score
Below Average
๐ Trend
Stable but elevated
vs last 12 months
๐๏ธ vs Metro Average
Higher property crime rates than Brisbane CBD
Relative comparison
Risk Categories
Property Crime: High
Personal Safety: Medium
Drug Related: Medium
๐ What to Check Locally
Prioritize properties with secure, gated parking and modern security systems. Check QPS crime maps for specific street-level data.
โ ๏ธ Risk Profile
Natural hazards and planning risks to verify before buying.
๐ Summary
The primary risks are environmental and financial, specifically related to the tropical climate and the associated costs of protection.
๐ Flood Risk
Significant areas near Ross Creek are in the 1% AEP flood zone. Check Townsville City Council flood maps.
๐ฅ Bushfire Risk
Low risk for the CBD proper, though Castle Hill fringes have moderate exposure.
๐ฆ Insurance Impact
Critical concern. Premiums can be 3-4x higher than southern states. Always get an insurance quote before signing a contract.
๐บ๏ธ Planning & Zoning
Development controls, overlays, and what's changing locally.
๐ Typical Zoning
Principal Centre Zone
๐ฒ Overlays
Flood Hazard, Heritage, Coastal Management
๐๏ธ Development Hotspots
Waterfront Promenade and South Townsville fringe.
Zoning allows for significant density, but heritage and flood overlays can restrict renovation or development potential.
๐ณ Liveability
Day-to-day experience โ transport, amenity, green space, schools and healthcare.
๐ Transport
Good walkability, hub for Sunbus services, and proximity to the ferry terminal.
๐๏ธ Amenity & Retail
High-end dining on Flinders St and Palmer St, plus the Stadium.
๐ฒ Parks & Recreation
Access to Queens Gardens and the Strand waterfront.
๐ซ Schools
Townsville State High is the main catchment; several private options nearby.
๐ฅ Healthcare
Close to Townsville University Hospital (short drive) and local clinics.
๐ฅ Demographics
Who lives here โ income, age, ownership, and education levels.
A diverse mix of young professionals, defense families, and a growing number of retirees seeking low-maintenance living.
๐ต Median Income
$78,500 pa
๐ Ownership
32% owner-occupied, 65% renting
๐ Age Profile
Median age 34
๐ Education
High proportion of tertiary educated professionals.
๐ Age Distribution
The high rental population makes the CBD sensitive to interest rate changes but also provides a deep pool of tenants for investors.
๐๏ธ Major Developments
Infrastructure pipeline and what it means for values and liveability.
๐ Overview
Focus is on revitalizing the waterfront and connecting the CBD to the Stadium precinct.
๐ Positive Impacts
- Increased foot traffic and retail viability.
- Modernization of public spaces and pedestrian links.
- Boost to local property values from high-end residential towers.
๐ Negative Impacts
- Construction noise and traffic disruptions.
- Potential loss of some 'old world' city charm.
๐บ๏ธ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
๐North Ward
Position
Adjacent North
Price
More expensive
Lifestyle
More prestigious, closer to the beach.
Best for
Families and high-income earners.
๐South Townsville
Position
Adjacent South
Price
Similar
Lifestyle
Industrial-chic, closer to the port and boating.
Best for
Young professionals and renovators.
๐Belgian Gardens
Position
North-West
Price
Higher (Houses)
Lifestyle
Quiet, leafy, residential suburbia.
Best for
Established families.
๐Castle Hill
Position
Immediate West
Price
Significantly higher
Lifestyle
Luxury homes with panoramic views.
Best for
Executive buyers.
๐ Similar Suburbs
Suburbs with a comparable profile โ useful if this one is over budget or sold up.
Cairns City
QLD
6.8/10
Tropical CBD with high tourism and rental demand.
Darwin City
NT
6.5/10
Defense-heavy population and high yields.
Mackay
QLD
7.0/10
Regional hub driven by resources and port activity.
Newcastle
NSW
7.5/10
Port city undergoing a major urban residential shift.
๐ฌ Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
๐ Overall Community Sentiment
Residents love the convenience and the 'big small town' feel, though safety and the cost of insurance are frequent points of frustration.
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Lifestyle
I can walk to the stadium and the Strand in 10 minutes. It's the best lifestyle in North QLD.
Walkability
Amenities
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Safety
Love my apartment, but I've had my car broken into twice in the secure garage.
Crime
Modern Living
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Investment
The yields are fantastic, but the insurance and body corp fees eat a huge chunk of the profit.
Yield
Expenses
๐ก Tailored Advice
Personalised guidance for every role in this market.
๐งโ๐ผ Buyer Strategy
- Prioritize properties on higher ground or upper floors to mitigate flood risk.
- Check the 'Flood Hazard' overlay on the Townsville City Council website.
- Negotiate hard on properties with high body corporate fees.
- Look for heritage cottages with modern security upgrades.
- Verify the insurance premium before making an unconditional offer.
โ Questions to Ask the Agent
- Has this specific property or the street ever been impacted by flooding?
- What are the current body corporate fees and what do they cover?
- Is there a current sinking fund forecast for the building?
- What is the current insurance premium for the building/property?
- What is the ratio of owner-occupiers to renters in this complex?
- Are there any major planned developments on the adjacent lots?
- What security measures are in place for the common areas and parking?
๐ท๏ธ Seller Strategy
- Highlight security features like gated access and CCTV.
- Provide a clear history of flood immunity if applicable.
- Ensure all air conditioning units are recently serviced and efficient.
- Stage the property to appeal to professional couples or downsizers.
- Address any minor maintenance issues to pass strict building inspections.
๐ฃ Positioning Tips
Position the property as a low-maintenance lifestyle choice or a high-yield investment in a growing regional capital.
๐ผ Investment Case
Strong cash flow play with capital growth upside from energy projects.
โ ๏ธ Investment Risks
High holding costs and potential for localized crime issues.
๐ Action Plan
- Target 2-bedroom apartments with low body corporate.
- Ensure the building has a comprehensive sinking fund.
- Use a local property manager with strong tenant vetting processes.
- Review insurance policies annually to find competitive rates.
๐ Renter Tips
- Apply immediately after viewing due to high competition.
- Look for apartments with included secure parking.
- Check for NBN fiber-to-the-premises for work-from-home needs.
๐๏ธ What Renters Love Here
Unbeatable access to city life and entertainment.
โ ๏ธ Renter Watch-Outs
Noise from the stadium and nightlife on weekends.
๐ข Landlord Strategy
- Install air conditioning in all bedrooms to attract quality tenants.
- Maintain a high standard of security hardware.
- Offer long-term leases to defense personnel for stability.
๐ Compliance & Management
Ensure smoke alarms meet the 2022 QLD legislation standards.
๐ค Agent Insights
- The market is currently driven by southern investors looking for yield.
- Stock levels are at historic lows, creating a strong seller's market.
๐ฏ Marketing Angles
Focus on the 'Capital of the North' growth story and the lifestyle of the Strand.
๐ค Target Buyer Profile
Interstate investors and local professional downsizers.
โ
Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
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Check Townsville City Council Flood Maps.
โ
Obtain a formal insurance quote for the property.
โ
Review the Body Corporate disclosure statement (if applicable).
โ
Conduct a building and pest inspection with a focus on termite history.
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Verify the property's heritage status and any renovation restrictions.
โ
Check the QPS Online Crime Map for the immediate vicinity.
โ
Inspect the property during a high-traffic period (e.g., stadium event).
โ
Confirm the school catchment zones for the current year.
โ
Review the Title Search for any easements or encumbrances.
โ
Assess the condition and age of the air conditioning systems.
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Check for any outstanding council rates or water charges.
โ
Verify the NBN connection type and available speeds.
๐ Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
๐ townsville.qld.gov.au
๐ abs.gov.au
๐ qgso.qld.gov.au
๐ planning.statedevelopment.qld.gov.au
โ ๏ธ Important Disclaimer
This report is based on data available as of March 2026. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent research and seek professional advice before making any property purchase.
