1101/106 Denham Street Townsville City QLD 4810
1101/106 Denham Street Townsville City QLD 4810
Level 11 in Dalgety complex|155mΒ² north-facing unit|Offers over $805k|Ocean & island views draw premium buyers. This two-bedroom unit on a 155mΒ² lot in a city complex suits downsizers or professionals valuing waterfront proximity and lock-up living. Its elevated position on the 11th floor along the northern edge delivers consistent light and expansive vistas over the Coral Sea, Magnetic Island and Castle Hill, setting it apart from lower levels in the same building. Practical upgrades like stone benchtops, added storage and a dedicated Level 2 lock-up room enhance daily usability without excess space demands. Within the pet-friendly Dalgety of 123 apartments, it benefits from resort facilities including a gym and pool, while secure parking and FOB access add convenience for urban dwellers. Buyers drawn to such units are often couples or investors seeking low-maintenance homes near The Strand, cafes and the CBD, where walkability trumps yard work. Comparable two-bedroom apartments in Townsville City have held steady post-2023 sale, reflecting demand for high-floor views amid stable unit pricing. The generous layout and cyclone-rated features support long-term holding, as premium positioning resists market dips better than ground-level options. Heritage overlay and school catchments further bolster appeal for those planning extended residency. Recent listing timing aligns with seasonal buyer interest, positioning it competitively for swift uptake.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Townsville City demand is rooted in its medical and education precincts, Strand access, and council-led urban renewal pushing housing diversity, keeping investors and owner-occupiers engaged. Buyers chase rental returns as weekly rates climbed nearly 10% for houses and units while days on market stay moderate, reinforcing appeal for investors who value the tight vacancy and steady student/worker catchment. Prices remain firmΒcombined values rose nearly 4% in the latest quarter and about 16% year-on-yearΒso scarce new listings could bite if rates rise, yet council amenity upgrades keep fresh growth opportunity alive.