This property is Off Market
With an average age of 45, households expect an average monthly mortgage payment of $1,828 or a weekly rent payment of $390. The average family earns a weekly income of $2,583 with a typical household size of 1.8 and a 93.62% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Townsville City due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Townsville City classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Townsville City requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 13%)
Townsville City - North Ward a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Queensland State average 66 / 100
Income
41 / 100
32 / 100
Industry
38 / 100
32 / 100
Population
57 / 100
40 / 100
House Prices
60 / 100
63 / 100
Jobs
44 / 100
31 / 100
Incidents Trend State Average
Railway Estate State School
Railway Estate, QLD, 4810 State Prep-6
St Patrick's College Townsville
Townsville, QLD, 4810 Independent 7-12
St Joseph's Catholic School, The Strand
North Ward, QLD, 4810 Independent Prep-6
Townsville West State School
West End, QLD, 4810 State Prep-6
Townsville Flexible Learning Centre
West End, QLD, 4810 Independent 7-12
Townsville State High School
Railway Estate, QLD, 4810 State 7-12
Belgian Gardens State School
Belgian Gardens, QLD, 4810 State Prep-6
Townsville South State School
South Townsville, QLD, 4810 State Prep-6
Townsville Grammar School
North Ward, QLD, 4810 Independent Prep-12
Townsville Central State School
North Ward, QLD, 4810 State Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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