87 Franklin Drive, Mount Louisa QLD 4814
87 Franklin Drive, Mount Louisa QLD 4814
Modern family home | Quiet street | Mount Louisa base | 660sqm block | 2010 build
The property at 87 Franklin Drive presents a competitively rare combination of modern construction on a full 660sqm block within a quiet, established pocket of Mount Louisa, where surrounding homes are quality owner-occupied stock. The 2010 build year means newer wiring, insulation, and layout standards, which reduces immediate maintenance risk for a buyer. Four bedrooms and two bathrooms serve the family market directly, and the block size offers genuine separation from neighboursโsomething increasingly hard to find in newer estates. This property suits a buyer seeking a turnkey family home with land depth, without the compromise of a narrow lot or busy road position.
The primary risk here is that the property sits in a suburb where values have softened slightly in the past cycle, and the estimated range of $700,000 to $920,000 suggests a buyer must be disciplined on price to avoid overpaying for the convenience of a quiet street. There is no standout premium feature like a pool or elevated views, so the value is in the land and location fundamentals. For an investor, the rental demand for a four-bedroom home on this block size is solid, but the yield will be moderate. The hold strategy is straightforward: buy at the lower end of the range, treat the house as a long-term land play in a suburb that will only tighten as infill becomes rarer.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 87 Franklin Drive, Mount Louisa QLD 4814
Market Insight:
Mount Louisa presents as a high-demand, family-oriented suburb within Townsville, evidenced by 47% of households being couples with children. Demand is driven by this demographic, supported by a high purchaser rate of 44%, creating a competitive market with houses selling in a median of 15 days and achieving strong annual price growth of over 20%. Future growth is underpinned by a regional housing shortage, though this same constraint presents a key supply-side risk to affordability and availability.