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16/31 Blackwood Street, Townsville City QLD 4810

Low To Mid $500,000s

Search Visibility Band

$500k - $550k High Confidence Calculated based on strong search observations.

Unit 2 beds 1 bath 1 car

Listed: 2 days ago

Overview

Located centrally within the heart of Townsville City, this two-bedroom unit presents a compelling proposition for investors seeking a convenient, low-maintenance property with strong income potential. With an established tenant secured until March 2027, the property provides a steady rental return of $500 per week, delivering immediate cash flow and investment stability.

The unit enjoys elevated city and stadium views, enhancing its appeal and providing a pleasant, urban outlook. The inclusion of a secure car space adds practical value, addressing essential lifestyle needs within the bustling CBD environment.

Proximity to Townsville's vibrant shopping, dining, entertainment options, and employment hubs further strengthens the property's position, making it attractive for tenants and future occupants who value accessibility and a dynamic city lifestyle. This solid investment opportunity combines thoughtful features with an enviable location that enhances rental desirability and long-term growth prospects.

Local Market Insights

In Townsville City, Quiet Listings observed 15 new units entering the market over the last 30 days, up from 14 during the previous 30-day period, with an average advertised asking price of $671,533. The property type mix of listed properties is predominantly Houses at 29%, followed by apartments (29%), and units (19%). McGrath Estate Agents was the most active agency in this area, representing 21.4% of all new listings in the last 30 days. 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.