Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
QLD › Annandale › Morstone St
$755,500
Last sold
25 June 2026
4
Bedrooms
2
Bathrooms
2
Car spaces
781 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
$755,500
25 June 2026 · derived via latest_sale
Local land rate: recorded House sales in Annandale (last 5 years) with land size have a median of $886/m² of land (n=136). Districts calculation from recorded sales — not a valuation.
Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Vs Annandale
-3.1%
Median sale
Suburb $780,000
+0.13 pp
Gross yield
Suburb 3.79%
Suburb median $780,000 from 69 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 $569/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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
Annandale at a glance
8,614
People
$780,000
Median sale
$569/wk
Median rent
3.79%
Suburb gross yield
Median sale from 69 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Helen Munro PropertySecure the Income Today - Invest in Annandale for Tomorrow
Positioned in one of Townsville's most sought-after family suburbs, 20 Morstone Street, Annandale presents an outstanding opportunity for investors seeking immediate returns, long-term security and future growth potential.
Set on a generous 781m² block, this well-designed home offers the space and functionality tenants love with 4 bedrooms, 2 bathrooms and 2 separate living areas, making it an appealing option for families and helping support strong rental demand.
Already leased until 29 March 2027 and returning $560 per week, the hard work has been done. Simply secure the property and enjoy the income stream from day one.
The most recent rental increase took effect on 27 March 2026, further reflecting the strength of the rental market and the ongoing appeal of this established Annandale location.
Investment Highlights:
• Leased until 29 March 2027
• Returning $560 per week
• Rental increase effective 27 March 2026
• Family-friendly layout attracting quality tenants
• Located in highly desirable Annandale
INSIDE THE HOME
• Fully air conditioned with split systems and fans throughout
• 4 bedrooms: the master bedroom has a walk in robe and ensuite
• Remaining bedrooms have built in robes
• Family bathroom has a separate shower and bath and a separate toilet
• Open plan kitchen located with easy access to the entertaining area and overlooking the dining and lounge room
• 2nd living area
• Security screens and doors throughout
• Internal laundry
• Double lock up garage with internal access
OUTSIDE
• Covered outdoor entertaining area
• Fully fenced
• Double gate side access
• Manicured lawns and gardens
• Garden shed
Land size: 781m2
Rates (including water): $2,837.28 (per six months)
Rental Appraisal: $560 per week
Last rental increase: 27 March 2026
Conveniently located close to schools, shops and everyday amenities, this is a smart buy in a well established suburb.
Annandale remains one of Townsville's standout investment suburbs, loved for its established community feel, parks, schools, shopping convenience and proximity to the hospital precinct, Lavarack Barracks and CBD.
Whether you're adding to your portfolio or securing a long-term asset in a blue-chip local market, 20 Morstone Street delivers income now with future potential built in.
Disclaimer: Helen Munro Property has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.
Listing description written by Donna Glass, Helen Munro Property — reproduced as published, not verified by Districts.