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Overview
Positioned in the flourishing suburb of Shaw, this property serves as a highly secure and straightforward investment opportunity, especially attractive to investors looking for dependable returns in one of Townsville’s fastest growing areas.
Leased to Defence Housing Australia (DHA), the home benefits from guaranteed monthly rental payments regardless of occupancy, alongside expert property management and meticulous upkeep during the lease term. This arrangement makes it an excellent low-maintenance, set-and-forget investment able to provide consistent income.
The property enjoys a practical open-plan living space enhanced by tiled flooring, complemented by modern conveniences including split-system air conditioning and ceiling fans to maintain comfortable year-round temperatures. The main bedroom features a walk-in wardrobe and ensuite, offering a touch of privacy and convenience, while additional bedrooms are fitted with built-in wardrobes to maximize storage and functionality.
A double remote garage not only offers secure parking for one vehicle but also additional storage space, catering to the needs of families or those requiring extra room for equipment. The internal laundry adds further practicality to daily living.
Situated within a family-friendly community, Shaw offers leafy parks, playgrounds, and walking paths, appealing to residents seeking a lifestyle balanced between tranquility and accessibility. Its proximity to key local amenities such as James Cook University, Townsville University Hospital, and Lavarack Barracks, all within a short driving distance, enhances convenience for professional residents.
The suburb’s ongoing development plans, including upcoming shopping precincts, childcare facilities, and retail services, suggest strong long-term growth potential, making this property a prudent choice for investors mindful of future value appreciation.
In summary, this home combines the appeal of solid DHA lease security, functional contemporary living spaces, and a location within a vibrant and expanding community, positioning it as an ideal asset for those seeking steady returns with minimal management obligations.
Local Market Insights
In Shaw, Quiet Listings observed 56 new houses entering the market over the last 30 days, up from 41 during the previous 30-day period, with an average advertised asking price of $842,393. The property type mix of listed properties is predominantly Houses at 93%, followed by land (2%), and others (2%). The most active agency for houses in the Shaw area is currently Ray White, representing 48% of new listings, followed by Belle Property with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $675,000 | |
| High $600,000's |
Location
Market Insights for Shaw QLD 4818
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