Aitkenvale at a glance
4,852
People
$626,000
Median sale
$459/wk
Median rent
3.81%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
QLD › Aitkenvale › Elizabeth St
$575,000
Last sold
10 Nov 2025
3
Bedrooms
1
Bathrooms
2
Car spaces
1,012 m²
Land
89 m²
Building
Districts View
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
$575,000
10 Nov 2025 · derived via latest_sale
Local land rate: recorded House sales in Aitkenvale (last 5 years) with land size have a median of $714/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Aitkenvale at a glance
4,852
People
$626,000
Median sale
$459/wk
Median rent
3.81%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Vs Aitkenvale
-8.1%
Median sale
Suburb $626,000
+0.34 pp
Gross yield
Suburb 3.81%
Suburb median $626,000 from 43 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 $459/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
Aitkenvale at a glance
4,852
People
$626,000
Median sale
$459/wk
Median rent
3.81%
Suburb gross yield
Median sale from 43 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Elevate Property PartnersSet in a highly convenient pocket of Aitkenvale, this flood-free 1,012sqm property presents an outstanding opportunity for those looking to renovate, rebuild, or redevelop in one of Townsville's most central suburbs. Offering a generous block and valuable Medium Density Residential zoning, this site holds strong potential for future development (subject to council approval) of up to five storeys in height.
Only minutes from major shopping centres, James Cook University, Townsville University Hospital and Lavarack Barracks, the property's position places you in the heart of the city's key employment and lifestyle hubs. Whether you're an investor seeking your next project, or a buyer looking to build a new home close to everything, this address offers excellent scope and location appeal.
The existing three-bedroom home features hardwood floors, a traditional high-set layout and ample under-house storage, but requires extensive renovation or demolition due to structural wear and termite damage. Its layout provides a practical base for refurbishment, or the opportunity to remove the dwelling entirely and design a modern build that maximises space and zoning potential.
Beneath the home, the secure under-house area offers space to park a vehicle with ease while still leaving ample room for a workshop, storage or tools. The area extends the full footprint of the home, with the potential to accommodate two vehicles if required, and includes pedestrian access from the rear. The laundry is also located downstairs for convenience. The large backyard provides plenty of scope for new landscaping, outdoor living or future multi-dwelling development.
Your Home
• 3 bedrooms;
• Living and dining area with hardwood floors;
• Central bathroom with shower-over-bath and separate toilet;
• Box-style air conditioner to one bedroom;
• Electric hot water system;
• Traditional high-set design with extensive under-house storage.
Your Property
• 1,012sqm allotment;
• Medium Density Residential zoning;
• Double bay shed at the rear;
• Large, fully fenced backyard;
• Secure under-house area with garage door access;
• Space for two vehicles and workshop under the home.
The Location
• Approx. 2 minutes to major Townsville shopping centres;
• Close to Townsville University Hospital and Lavarack Barracks;
• Easy access to public transport, schools and river walkways;
• Central, well-connected suburb with strong demand for redevelopment sites.
This property offers significant potential for those seeking a renovation project, new build site or development opportunity in a central, flood-free location. With zoning and land size working in your favour, 41 Elizabeth Street is ready for vision and transformation.
This property is to be sold in an "as is where is basis", a property building and pest report is available via online listing enquiry.
For more information please complete an enquiry below, or contact Ben Waugh on 0487 730 456.
Disclaimer: Interested individuals should independently verify the accuracy and current relevance of the provided information. The agent cannot guarantee the correctness of the details shared. It is recommended that you rely on your own inspections and investigations to determine if this property meets your needs, as the information provided is general in nature. Elevate Property Partners assumes no liability for any loss incurred due to inaccuracies or omissions.
Listing description written by Ben Waugh, Elevate Property Partners — reproduced as published, not verified by Districts.