Address
13 Townsville Street, West End, QLD 4810
Investment Strategy
Renovator
Development Timeline
Property Purchased
Property Sold
Rental Insights
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Source: stashproperty.com.au
Development Stats
2023
118
212
About the Property
Behold the epitome of elegance and charm as you step into this completely transformed high-set Queenslander.
Marvel at the designer kitchen that is the centrepiece of this stunning home, boasting chic finishes, and a majestic granite waterfall benchtop perfect for entertaining.
This awe-inspiring abode features two generous living areas, polished timber floors and is fully air-conditioned.
The master retreat is a sanctuary of opulence, complete with a luxurious ensuite and a sumptuous free-standing bath.
Attention to detail continues with an additional breathtaking family bathroom and a large walk-in wardrobe.
There are three bedrooms in total, each enriched with built-in split-systems ensuring year-round comfort.
Outside, you are greeted by a meticulously maintained yard, adorned with established trees and a delightful herb garden.
There is ample space to relish in the serene surroundings or create your own garden oasis.
Seize this golden opportunity to own a piece of paradise that seamlessly blends classic Queenslander charm with modern-day luxury.
Nothing is left to be done except to move in and enjoy the lifestyle you’ve always dreamed of in this extremely popular suburb.
From the domain.com.au listing
Source: stashproperty.com.au
About the Suburb
West End is a suburb with a population of people. The age distribution is diverse, with the largest age group being individuals aged between 20 and 24 years. The suburb offers a good mix of occupations, with managers, professionals, and technicians and tradeworkers being the top three occupations. The suburb also has a strong sense of community, as evident from the high number of community and personal service workers, as well as the presence of various recreational facilities and social amenities. The suburb’s proximity to schools, shopping centers, and public transport options makes it an attractive choice for both families and young professionals.
West End offers promising investment opportunities for both house and unit investors. The median sale price for houses is $510,000, with a sale price IQR of $197,500, indicating a high potential for finding renovators. The median growth rate of 18.6% suggests that property values have been appreciating steadily. The market absorption rate of 28.6% indicates high demand for houses, which may drive up prices in the future. For unit investors, the median sale price is $216,000, with a sale price IQR of $123,000. The high rental yield of 8.2% and low vacancy rate of 0.5% make it an attractive option for investors seeking rental income. Additionally, the suburb’s high online search interest and room demand-supply ratio highlight the strong demand for rental properties. With a mix of demographics and good infrastructure, West End is an ideal suburb for property developers and investors looking for growth potential.
West End, located in QLD 4810, offers a vibrant and diverse community with a population of [population] people. The suburb has a good mix of occupations, with a strong emphasis on community and personal service workers. It is known for its excellent infrastructure, including schools, shopping centers, and public transport options. West End presents promising investment opportunities for both house and unit investors. With median sale prices of $510,000 for houses and $216,000 for units, along with healthy rental yields and low vacancy rates, the suburb proves to be a lucrative investment choice. Its high market absorption rate and strong growth potential further support its attractiveness for property developers and investors. Whether you are a home owner seeking a vibrant and well-connected community or an investor looking for growth and rental income, West End is a suburb that offers a multitude of opportunities.
Sources:
– proptechdata.com.au
– Australian Bureau of Statistics (ABS) Census 2021
– Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022