Townsville City at a glance
3,143
People
$920,000
Median sale
$524/wk
Median rent
2.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
QLD › Townsville City › Melton Tce
$509,000
For sale
Asking
2
Bedrooms
1
Bathrooms
2
Car spaces
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
$509,000
Asking
No recorded sale for this property.
Townsville City at a glance
3,143
People
$920,000
Median sale
$524/wk
Median rent
2.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Townsville City
-44.7%
Median sale
Suburb $920,000
+2.39 pp
Gross yield
Suburb 2.96%
Suburb median $920,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$21,725 on top of the price (4.3% 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 Townsville City'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 $524/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 5.4%. 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
Townsville City at a glance
3,143
People
$920,000
Median sale
$524/wk
Median rent
2.96%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Unreserved Real Estate*Please note you will be speaking with the vendor directly*
Strong Investment Opportunity in the Heart of Townsville CBD
Positioned in the vibrant centre of Townsville's CBD, this immaculate apartment offers the perfect balance of lifestyle, convenience, and investment potential. Whether you're looking to move straight in or secure a high-demand rental property, this well-presented residence ticks all the boxes.
Property Features
• Spacious open-plan living area featuring tiled flooring, ceiling fans, and split-system air conditioning for year-round comfort.
• Dedicated dining area seamlessly flowing onto a generous private balcony through expansive glass doors.
• Modern kitchen equipped with quality appliances, including an electric cooktop and built-in oven, complemented by ample storage and space for a double-door refrigerator.
• Two generously sized bedrooms featuring plush carpeting, built-in wardrobes, and individual split-system air conditioning units.
• Contemporary bathroom with walk-in shower and vanity.
• Separate toilet for added convenience.
• Internal laundry is complete with dryer.
• Secure building access for peace of mind.
• Two secure undercover car spaces.
• Lift access servicing all levels, including the car park.
• Visitor parking is available within the complex.
Excellent Investment Potential
With an estimated rental return of approximately $500 per week, this property presents an attractive opportunity for investors seeking strong rental demand in a highly sought-after CBD location. Alternatively, move in and enjoy the convenience of inner-city living from day one.
Prime Location
Enjoy the very best of Townsville at your doorstep:
• Walking distance to Queensland Country Bank Stadium.
• Moments from an extensive selection of restaurants, cafés, bars, and entertainment venues.
• Close to schools, shopping precincts, and essential services.
• Minutes from The Strand, Townsville's iconic waterfront destination.
The Lifestyle & Opportunity
Offering low-maintenance living in one of Townsville's most desirable locations, this apartment is ideal for professionals, downsizers, first-home buyers, and investors alike. Combining modern comforts, secure living, and exceptional convenience, this is a rare opportunity to secure a quality property in the heart of the city.
*Move straight in (mid-september 2026) or lease immediately and enjoy the benefits of this outstanding CBD address.*
**Disclaimer:** Whilst all care has been taken in the preparation of this listing, Unreserved Pty Ltd and its representatives cannot guarantee the accuracy or correctness of the information provided. All details, measurements, land sizes and boundaries are approximate and have been obtained from sources believed to be reliable. Prospective purchasers should make their own enquiries and rely on their own investigations to satisfy themselves on all matters. Unreserved Pty Ltd accepts no responsibility or liability for any errors, omissions or inaccuracies. Some images are digitally staged and show furniture that is not included in the sale.
Listing description written by Unreserved Team, Unreserved Real Estate — reproduced as published, not verified by Districts.
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