Townsville City at a glance
3,143
People
$920,000
Median sale
$524/wk
Median rent
2.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
QLD › Townsville City › Fletcher St
$750,000
Last sold
12 Nov 2025
17
Bedrooms
8
Bathrooms
0
Car spaces
746 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$750,000
12 Nov 2025 · derived via latest_sale
Townsville City at a glance
3,143
People
$920,000
Median sale
$524/wk
Median rent
2.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Townsville City
-18.5%
Median sale
Suburb $920,000
+0.67 pp
Gross yield
Suburb 2.96%
Suburb median $920,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $524/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Townsville City at a glance
3,143
People
$920,000
Median sale
$524/wk
Median rent
2.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Explore Property Munro & CoWE ARE BACK AND READY TO SELL
The owners of the property asked us to hit the pause button whilst they considered some options. We are now back and open for business. We are intending to provide access to you over the next 5 days so you can view this property in person. We have 7 videos of the property and several 360 tours.
We are Calling Renovators, Builders, and Developers - Inner-City Goldmine
Here is an exceptional investment opportunity right in the heart of Townsville City - a full complex of eight apartments offering serious potential for savvy investors, developers, or renovators.
Whether you're a builder, renovator, or developer seeking your next big project, 1-3 Fletcher Street presents a rare chance to unlock serious value in a tightly held location.
Two separate buildings, each with four apartments, set on 746 sqm inner city block, are now available.
Unmatched Location
Situated on Fletcher Street, these apartments are ideally placed to take advantage of everything Townsville has to offer:
Walking distance to the vibrant Palmer Street restaurant strip
Just moments from The Strand and Townsville's beautiful beaches
Across the road from QLD Country Bank Stadium - perfect for sports and event lovers
Walking distance to the CBD, public transport, shopping, and entertainment
This is inner-city living at its most connected, catering to a growing demand for lifestyle-focused, centrally located housing.
The Property
Comprising eight apartments, all units present varying levels of opportunity for renovation - from light cosmetic updates to full-scale makeovers. The options are versatile and compelling.
No body corporate fees currently in place
Insurance: $330 per month (for the building)
The Potential:
This is a value-add investor's dream. With some vision and renovation, these apartments can be transformed into high-yielding assets in a blue-chip location.
Rental Appraisals (Post-Renovation):
2 Bed / 1 Bath - $550 to $600/week
2 Bed / 2 Bath (reconfigured) - $600 to $650/week
Rates $9170.28 per half year
Insurance approx $300 per month
The numbers speak for themselves - strong rental yields, central positioning, and huge scope to add value.
Video tours and 360° walk-throughs available online for all apartments
One unit currently tenanted on a periodic lease, generating $200/week and is in original condition
This makes for an appealing yield scenario, especially in a location with limited comparable offerings and growing population interest.
This is your chance to acquire a full block of inner-city apartments with huge upside potential. Whether you're looking to renovate and lease, strata-title and sell, or create a long-term income stream in a top-tier location, 1-3 Fletcher Street is a rare find.
Perfect For:
Renovators looking for their next big project
Builders/developers seeking a full complex to modernise and hold or sell
Investors wanting a solid income stream with capital growth upside
Buyers looking to secure real estate in an area with consistently strong demand
Enquire now to receive full property details, video walk-through links, and arrange a private inspection.
Opportunities in this location and this size do not come often - secure your piece of Townsville's future today.
Proudly presented to the market by Simone Corrigan. Call 0409461319 to arrange a private inspection. No open homes will be conducted.
Listing description written by Explore Property Munro & Co, Explore Property Munro & Co — reproduced as published, not verified by Districts.
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