All About Cosgrove, Townsville, QLD, 4818

Cosgrove, a relatively new suburb in Townsville, Queensland, is steadily gaining attention in the housing market due to its modern infrastructure and convenient location. The suburb offers a selection of contemporary homes that often feature energy-efficient designs and family-friendly layouts. As an emerging area, Cosgrove provides an attractive option for first-time homebuyers and investors seeking growth potential. The market is characterized by competitive pricing compared to more established suburbs in Townsville, making it appealing for individuals looking to enter the property market. With the continued development of amenities and public services, Cosgrove is positioned for growth, contributing to a steady demand in the local real estate market.

Living in Cosgrove offers a harmonious blend of suburban tranquility and urban convenience. Residents benefit from easy access to essential facilities such as schools, shopping centers, and healthcare services while being only a short drive away from the vibrant heart of Townsville. The community is family-oriented, with numerous parks and recreational areas that cater to outdoor activities and social gatherings. The close-knit atmosphere is bolstered by regular community events and initiatives aimed at fostering a sense of belonging among residents. For those who appreciate a quiet lifestyle without sacrificing the conveniences of modern living, Cosgrove presents a welcoming environment in which to thrive.

Cosgrove Real Estate Market Outlook

Thinking about buying in Cosgrove? Now could not be a better time, with just 382 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $460,000 with prices in this suburb ranging from $331,000 to $714,000. Cosgrove is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

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 Cosgrove due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Cosgrove provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Cosgrove 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.

Instant Property Valuation

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Public Transport

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General Points of Interest

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