Address
12 Devon Street, Gulliver, QLD 4812
Investment Strategy
Renovator
Development Timeline
Property Purchased
Property Sold
About the Property
Beautifully renovated and set on a generous 809m2 (approx) allotment, this high-set home pairs classic original features with modern new finishes.
Polished timber floorboards, high ceilings, and architectural wall paneling share space with a brand new kitchen, a renovated bathroom, new air-conditioners, front verandah, and more. The location is close to schools and the family will enjoy easy access to the back yard.
– High-set home with substantial renovations, set on an 809m2 (approx) allotment
– Open-plan design with new kitchen and appliances, living and dining area
– High ceilings, polished timber floors and vertical wall paneling
– Striking new bathroom, stylishly tiled
– New air-conditioners and ceiling fans throughout the home
– Brand new front veranda and beautiful new French doors leading into the living area
– Under-house laundry plus 2 separate and secure storage rooms, and under-house parking
– Quiet setting, walking distance to Townsville Christian College and Currajong State School
From the homely.com.au listing
Development Stats
2023
28
108
About the Suburb
Nestled in the foothills of Mount Stuart, Gulliver, QLD 4812 offers a quiet and family-friendly atmosphere with promising investment potential. Here’s a snapshot of what makes Gulliver a compelling choice:
Demographics:
Population: 2,884, with a stable and growing community.
Dwellings: 1,233, primarily owner-occupied (65%) indicating a strong sense of community.
Age demographics: Skews slightly younger, attracting families and young professionals.
Real Estate Market:
Median house price: $326.5k, relatively affordable compared to neighboring suburbs.
Suburb growth: -2.5%, currently experiencing a slight correction after a period of rapid growth.
Rental yield: 6.6%, offering attractive returns for investors.
Vacancy rate: 0.3%, indicating high demand for rental properties.
Market absorption: 47%, indicating properties sell relatively quickly.
Lifestyle and Amenities:
Family-friendly atmosphere with parks, playgrounds, and childcare facilities readily available.
Convenient access to schools, including Townsville Christian College and Currajong State School.
Close proximity to major shopping centres, supermarkets, and restaurants.
Scenic location with stunning views of the surrounding mountains.
Relatively low crime rates, ensuring a safe and secure environment.
Investing in Gulliver:
Potential for capital appreciation in the long term due to its family-friendly appeal and proximity to amenities.
Strong rental yields, providing investors with a steady income stream.
High market absorption and low vacancy rates, ensuring quick property turnovers.
Suburb Median
Vacancy Rate
