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QLD › North Ward › The Strand

8/59-60 The Strand, North Ward QLD 4810

For saleApartment

$259,000

For sale

Asking

1

Bedrooms

1

Bathrooms

1

Car spaces

58 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $259,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $259,000(Listing record · 9 Nov 2023)
  • FactLand 58 m²; no building size recorded.(Property record)
  • CalculationAsk is 80% below the North Ward median recorded sale ($1,275,000, n=25, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at North Ward's advertised median rent ($535/wk), implied gross yield would be 10.74% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$259,000

Asking · $4,466/m² of land

No recorded sale for this property.

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.

See the full North Ward report →

Vs North Ward

-79.7%

Median sale

Suburb $1,275,000

+8.56 pp

Gross yield

Suburb 2.18%

Suburb median $1,275,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$259,000
Stamp Duty (Queensland)
$7,490
Transfer/Registration Fee
$621
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$270,811

$11,811 on top of the price (4.6% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with North Ward's advertised median rent — not a rent for this listing.

Net yield
9.24%
Annual cashflow (pre-tax)
$10,467
Interest cover (DSCR)
1.78
Annual rent
$27,820
Operating expenses
$3,885
Loan amount
$207,200
Annual interest
$13,468
Gross yield
10.74%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$259,000available9 Nov 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 10.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

North Ward in one glance

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.

See the full North Ward report →

Keep researching

  • Why North Ward? Read the area thesis →
  • What else is on the market in North Ward →
  • Other records on The Strand →

Listing material

Listed by Keyes & CO Property

Prime Location on The Strand

Invest in Townsville's famous Strand Beachfront with this quality one-bedroom apartment with ocean views located on the first floor. Situated above The Coffee Club & Juliette's, as well as other tasty dining options, the convenience of this lifestyle is second to none. Whether you are interested in holding for the longer term, or perhaps you live just outside Townsville or in the outer suburbs and want something affordable to buy & stay for those weekends when the city is abuzz with entertainment, this apartment is a must see. Currently leased until 14th October 2024 at $420 per week, it must be sold as an investment initially, however, can be enjoyed for personal use once that period lapses. At this price it won't last long in the market, so call and book your inspection now.

The Property

- First floor apartment with ocean and Strand views

Read the full description

- Open plan living with balcony off the main living space

- Plenty of cafes/eateries and Seaview Hotel virtually on your doorstep

- Bedroom is generous in size, air-conditioned, and has a large built-in robe

- Kitchenette has plenty of room and has a two-burner ceramic cooktop

- Air-conditioned living area with split system unit

- Resort-style swimming pool in complex & BBQ area

- NBN

- Secure basement carparking for one car

- Body Corp fees approx $7,586.88 per annum (Admin & Sinking fund)

The Location

- Absolute beach front location with ocean & Strand views

- Walk across the street to The Strand and only minutes' walk up to Jezzine

- Close to Castle Hill walking tracks and the CBD

- Walking distance to the Gregory Street dining precinct

- Close to quality public and private schools

Listing description written by Damien Keyes, Keyes & CO Property — reproduced as published, not verified by Districts.

Property features

  • In-Ground Pool
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.