North Ward at a glance
5,297
People
$1,275,000
Median sale
$535/wk
Median rent
2.18%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
QLD › North Ward › Gregory St
12
Bedrooms
6
Bathrooms
0
Car spaces
1,002 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
No recorded sale price for this property yet.
Local land rate: recorded Block of Units sales in North Ward (last 5 years) with land size have a median of $1,779/m² of land (n=3). Districts calculation from recorded sales — not a valuation.
North Ward at a glance
5,297
People
$1,275,000
Median sale
$535/wk
Median rent
2.18%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
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 $535/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
UnknownArea
North Ward at a glance
5,297
People
$1,275,000
Median sale
$535/wk
Median rent
2.18%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Kingsberry TownsvilleCombined Investment Property for Sale: 52 Gregory Street & 55 Mitchell Street, North Ward, QLD
An unmissable opportunity to acquire two prime properties in one of Townsville's most coveted coastal precincts-offering a rare blend of commercial security and residential potential.
52 Gregory Street at a Glance:
- 506sqm allotment
- A well-positioned, high exposure land holding in the heart of the bustling Gregory Street dining, retail and lifestyle strip.
- Four Established commercial tenancies on ground floor, offering consistent income with strong street presence
- Upstairs comprises 2 spacious residential apartments, Ideal for Rental or future owner-occupy use
- Current Holding Income $115,522.08 per annum ($9,626.84 per month)
- Council Rates approximately $12,060 per half year
55 Mitchell Street - At a Glance:
- 496sqm corner allotment located right next door to 52 Gregory Street
- Comprises 4 x 2-Bedroom residential Apartments, all self contained with excellent rental demand
- High-demand rental zone
- Current Holding Income $72,800 per annum
- Council Rates approximately $8,276 per half year
Investment Highlights:
- 52 Gregory Street & 55 Mitchell Street are being offered to the market as a combined package
- Total of 10 tenancies across both properties
- Strong existing rental returns with room for future growth and value-add improvements.
- Zoned Medium Density Residential meaning 8 stories can be achieved, subject to council approvals
- Mixed-use zoning (commercial + residential) offers flexibility for developers, investors, or owner-operators.
- Positioned in one of Townsville's highest-profile lifestyle locations, with strong foot traffic and residential appeal.
- Combined holding income of $188,322.08 per annum
For Sale Via Written Expression of Interest closing Friday 15th August, 2025 at 5pm.
For a comprehensive information pack and rental summaries, please contact the Exclusive Marketing Agent Adrian Raiteri on 0427 673 612
Opportunities like this are seldom available. Secure a strategic slice of North Ward's blue-chip real estate while you can.
Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property's land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Adrian Raiteri, Harcourts Kingsberry Townsville — reproduced as published, not verified by Districts.
Nearby 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.