23 Sunderland Street, Garbutt QLD 4814
23 Sunderland Street, Garbutt QLD 4814
4-bedroom house on 564sqm | 189sqm floorboards with balcony | strong NBN and 5G | flood overlay present
This property offers a rare configuration edge in Garbutt,four genuine bedrooms and 189 square metres of living space on a 564-square-metre lot, which is significantly more versatile than the typical local cottages. The floorboards, air conditioning, built-in robes, and balcony make it immediately liveable for a family or investor seeking a low-fuss holding. Its position within the Pimlico State High School catchment and strong digital connectivity further support demand from working professionals or tenants. The property best serves buyers who want a solid, move-in-ready house with expansion potential in a residential zone.
The detected flood overlay is the primary risk, and it will cost the buyer higher insurance premiums and may limit future resale velocity to informed buyers only. However, building coverage at 33 percent and a roof height of five metres suggest the structure is well elevated, which partially mitigates concern. The opportunity lies in holding this property for steady rental income,estimated at $485 to $540 per week,while the land component appreciates over time. Treat it as a long-term hold in a catchment with reliable demand.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 23 Sunderland Street, Garbutt QLD 4814
Market Insight:
Garbutt is a high-demand entry point within Townsville’s top-performing regional market, driven by young professionals and trades workers. Recent price growth has been exceptionally strong, supported by a severe housing shortage and critically low vacancy rates. Future growth is underpinned by constrained new supply, though a significant portion of mortgaged owners indicates sensitivity to economic shifts.