15/4 Aplin Street Townsville City QLD 4810
15/4 Aplin Street Townsville City QLD 4810
Compact 1-bed apartment on 65m² lot|Listed at $369k near $366k valuation|$515pw rental yield potential|Flood overlay noted | This one-bedroom apartment on a 65m² lot suits singles or investors seeking low-maintenance urban living near Townsville Hospital and schools. Its open plan layout with balcony access delivers straightforward daily functionality in a compact footprint, ideal for those prioritising convenience over space. Sitting within a well-maintained complex on Aplin Street, it blends into a residential pocket close to state schools and hospital precincts, appealing to first-home buyers or medical professionals who value walkability. Properties like this typically draw renters from the hospital workforce, supporting steady $460-$565pw yields amid Townsville’s demand for inner-city units. The 65m² strata lot limits expansion but ensures affordability in a market where similar one-beds hold values around $330k-$400k. Flood overlay introduces caution for owner-occupiers, yet reliable NBN and 5G coverage bolsters its modern appeal. Long-term, its proximity to key amenities underpins holding value, as urban consolidation favours such secure, serviced apartments over larger holdings. Comparable units in the area show resilient performance, underpinned by lifestyle-driven demand rather than speculative growth. Buyers here often hold for income stability, given the practical positioning in a non-bushfire zone.
Detailed Independent Property Report prepared by PropCred Analyst team for 15/4 Aplin Street Townsville City QLD 4810
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 firmcombined values rose nearly 4% in the latest quarter and about 16% year-on-yearso scarce new listings could bite if rates rise, yet council amenity upgrades keep fresh growth opportunity alive.