All About Garbutt, Townsville, QLD, 4814

Garbutt, a suburb of Townsville in Queensland, offers a unique snapshot of the housing market that reflects both the area's strategic location and evolving community dynamics. The suburb is characterized by a mix of residential, commercial, and industrial areas, contributing to a diverse real estate landscape. Housing options in Garbutt range from older, more affordable properties to newer, renovated homes appealing to first-home buyers and investors alike. The presence of key infrastructure, such as the Townsville Airport and major arterial roads, enhances its attractiveness, potentially influencing property values positively. The real estate market in Garbutt has seen steady demand due to these factors, making it an interesting suburb for those looking to invest in or relocate to the Townsville region.

Living in Garbutt presents a balance of convenience and lifestyle. The suburb's proximity to Townsville's city center means residents have easy access to urban amenities and employment opportunities, while still enjoying a quieter, suburban environment. Recreational activities are plentiful, with nearby parks and beaches offering outdoor enjoyment. The community is known for its relaxed atmosphere, with a mix of long-term residents and newcomers contributing to a diverse local culture. Despite its industrial backdrop, Garbutt provides a friendly and welcoming environment, with several schools, shopping facilities, and local services catering to the needs of its residents. This combination of accessibility, community spirit, and suburban charm makes Garbutt an appealing place to settle in the Townsville area.

Garbutt Real Estate Market Outlook

Thinking about buying in Garbutt? Now could not be a better time, with 3581 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $373,000 with prices in this suburb ranging from $126,000 to $2,388,000. Garbutt is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

In Garbutt there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Garbutt is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Garbutt provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Garbutt necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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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Nearby Suburbs

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