130 Howlett Street, Currajong QLD 4812

Renovated 2-bedder on 809sqm | flood overlay noted | strong rental yield post-upgrade | suited to investor or first-home buyer The property’s primary buying case is its land-to-floor ratio: 86m² of modernised living on an 809m² lot in a family-friendly suburb, a configuration increasingly rare in Currajong. The full renovation—kitchen, bathroom, air conditioning—removes immediate capital outlay for the buyer, while the large fenced yard and garden shed add practical appeal for families or tenants. Positioned within catchments for Currajong State School and Pimlico State High School, and with FTTP and 5G connectivity as supporting infrastructure, the house serves both owner-occupiers seeking space and investors targeting the reliable rental demand typical of established Townsville suburbs. The recent December 2025 sale at $533,200 and current rent increase to $550/week post-April 2026 signal upward momentum in both capital and income value. The flood overlay is the specific risk; it may limit some buyer pools and affect insurance premiums, but does not appear to have suppressed recent sales activity in the area. The opportunity lies in the rental yield: at a mid-estimate $599,000 value, the post-April rent of $550/week yields approximately 4.8%, above the national average for houses. For an investor, this property offers a cash-flow positive hold with land-value growth potential. Hold for rental income and capital appreciation, or occupy for immediate comfort and outdoor space.