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 › Alfred St
$1,200,000
For sale
Asking
3
Bedrooms
1
Bathrooms
5
Car spaces
2,023 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
Asking
$1,200,000
Asking · $593/m² of land
No recorded sale for this property.
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
+91.7%
Median sale
Suburb $626,000
-1.82 pp
Gross yield
Suburb 3.81%
Suburb median $626,000 from 43 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$58,222 on top of the price (4.9% extra)
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.
Pre-filled with Aitkenvale's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 2.0%. 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
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 Lynham & Co. SalesOffered to the market for the very first time, this exceptional property presents one of Aitkenvale's – and arguably Townsville's – most sought-after development opportunities.
Positioned on a substantial 2,023m² double frontage allotment, this tightly held family property has remained in the same family for almost a century. It is a testament to the original owners' foresight in recognising the long-term potential of Aitkenvale, a suburb that continues to be one of Townsville's most centrally located and highly connected residential precincts.
Situated in the heart of Aitkenvale, the property enjoys outstanding convenience, with major shopping centres, schools, medical facilities, sporting amenities and commercial services all within close proximity. Lavarack Barracks, James Cook University and Townsville University Hospital are all just a short drive away, making this a highly desirable location for owner occupiers, investors and developers alike.
Adding further appeal is the recently announced Defence Housing Australia (DHA) master-planned residential redevelopment located approximately 1.1 kilometres away. This significant redevelopment is expected to further strengthen demand for quality residential land in the area and highlights the continued investment and confidence in Aitkenvale's future.
Whether you're looking to renovate, landbank, develop (subject to council approval), or simply secure a substantial parcel of land in a premium central location, opportunities of this calibre are becoming increasingly rare.
The existing residence is in original yet well-maintained condition and offers comfortable living while you plan for the future.
THE PROPERTY
- Rare 2,023m² double frontage allotment
- First time offered to the market
- Held by the same family for almost 100 years
- Three-bedroom home
- Functional kitchen
- Spacious lounge room
- Functional bathroom
- Large rumpus room
- In-ground swimming pool (pump currently not operational)
- Bore (pump not inrunning)
- Solar panels
- Approx. 8m x 8m powered shed
- Carport adjoining shed
- Second powered shed positioned at the rear of the property
- Garden shed
- Outstanding potential to renovate, invest or redevelop (STCA)
THE LOCATION
- Approximately 5 minutes to Stockland Townsville Shopping Centre
- Approximately 5 minutes to Aitkenvale State School
- Approximately 5 minutes to Ignatius Park College
- Approximately 5 minutes to The Cathedral School
- Walking distance to restaurants, cafés, supermarkets, medical centres, pharmacies, barbers and everyday conveniences
- Short drive to James Cook University
- Short drive to Townsville University Hospital
- Short drive to Lavarack Barracks
- Approximately 1.1km from the proposed Defence Housing Australia master-planned redevelopment
Properties of this size, with double frontage and such a central location, are an increasingly scarce commodity within the Townsville market. This is a truly unique opportunity to secure one of Aitkenvale's landmark landholdings and capitalise on the suburb's exciting future.
Listing description written by Graham Lynham, Lynham & Co. Sales — reproduced as published, not verified by Districts.