22/86-124 Ogden Street, Townsville City QLD 4810
22/86-124 Ogden Street, Townsville City QLD 4810
renovated one-bed city apartment | secure parking included | pool gym tennis within complex | priced above basic stock for finish and amenity
What is competitively strong about this property is its combination of a recently renovated interior, secure parking, and access to a full amenity set including a pool, gym, and tennis court within the Metro Quays complex. This positions it well above standard older walk-up units in the area, making it most suitable for an owner-occupier professional or an investor targeting executive-style tenants who value convenience and quality. The compact footprint is offset by the level of finish and the building’s facilities, which are rare at this price point in the inner-city market.
Factors that may materially affect value include the presence of a flood overlay, which could influence insurance costs and buyer perception, and the body corporate fees, which have historically been around $5,200 per year for this unit. The strong rental appraisal of $680โ$700 per week suggests solid income potential, but the gap between the asking price and typical stock in the suburb means the sale price will depend on how much weight buyers place on the renovation and amenity package versus the unit’s size and location risks.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 22/86-124 Ogden Street, Townsville City QLD 4810
Market Insight:
Townsville City presents as a dynamic urban hub with a young professional demographic, driving demand as childless couples and investors compete for limited stock. The market shows divergent trends, with unit values demonstrating stronger momentum than houses. Future growth is underpinned by high buyer demand and constrained new supply due to declining building approvals, though this tight inventory also presents a key market constraint.