84 Havenside Drive, Garbutt QLD 4814
84 Havenside Drive, Garbutt QLD 4814
3-bedroom house | 308mยฒ block | Garbutt active market | mid-to-high $700k range
This property offers a rare combination of compact land size and full three-bedroom configuration in a suburb with strong sales turnover. The 308mยฒ lot, while modest, suits buyers seeking lower maintenance without sacrificing bedroom count, and the two-car parking is a practical advantage for households with multiple vehicles. It is best suited to owner-occupiers or investors targeting the rental demand typical of Garbuttโs active market, where 42% owner-occupancy indicates a stable tenant pool.
The primary risk is the lot size, which may limit future subdivision or significant expansion, and the propertyโs classification as “Other” could complicate financing for some buyers. However, the listing price aligning with estimates suggests no immediate overvaluation, and the absence of bushfire risk reduces insurance concerns. The opportunity lies in Garbuttโs high number of listings, which may allow for negotiation, and the ability to track value trends via available data to time entry effectively.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 84 Havenside Drive, Garbutt QLD 4814
Market Insight:
Garbutt is a high-demand entry point within Townsville’s top-performing regional market, driven by young professionals and trades workers. Recent price growth has been exceptionally strong, supported by a severe housing shortage and critically low vacancy rates. Future growth is underpinned by constrained new supply, though a significant portion of mortgaged owners indicates sensitivity to economic shifts.