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 › Mitchell St
$640,000
For sale
Asking
2
Bedrooms
2
Bathrooms
1
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
$640,000
Asking
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.
Vs North Ward
-49.8%
Median sale
Suburb $1,275,000
+2.17 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.
$27,915 on top of the price (4.4% 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 North Ward'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 $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.
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 4.3%. 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
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 Lynham & Co. SalesPositioned in one of Townsville's most sought-after beachside suburbs, this spacious two-bedroom unit offers an enviable lifestyle just a short stroll from The Strand, Gregory Street and everything North Ward has to offer.
Designed with easy living in mind, the apartment features a generous open-plan living and dining area flowing onto a private balcony, providing the perfect place to relax and enjoy the North Queensland lifestyle. The spacious kitchen offers excellent bench and cupboard space and connects seamlessly with the main living area.
A standout feature of the property is the accommodation, with two generous bedrooms each enjoying the convenience of its own ensuite and walk-in wardrobe. Both bedrooms also have direct access to balconies, providing additional outdoor space and natural light.
Fully air-conditioned throughout and complete with an internal laundry, single lock-up garage and additional storage, the property combines space and practicality with an outstanding North Ward location.
Residents also enjoy access to the complex's resort-style swimming pool and BBQ entertaining area, adding another dimension to the relaxed coastal lifestyle on offer.
THE PROPERTY
– Two spacious bedrooms
– Walk-in wardrobes to both bedrooms
– Ensuite bathrooms to both bedrooms
– Balcony access from both bedrooms
– Spacious open-plan living and dining area
– Large functional kitchen with ample bench and cupboard space
– Fully air-conditioned throughout
– Tiled living areas and carpeted bedrooms
– Generous private balcony off the living area
– Internal laundry
– Single lock-up garage with additional storage space
– Resort-style swimming pool within the complex
– Communal BBQ and entertaining area
THE LOCATION
– Approximately 500m from The Strand
– Walking distance to cafes, restaurants and the Gregory Street precinct
– Close to Tobruk Memorial Baths and Strand parklands
– Walking distance to Townsville Grammar School
– Easy access to Castle Hill walking and hiking trails
– Short drive to The Ville Resort-Casino and Magnetic Island Ferry Terminal
– Minutes to the Townsville CBD
– Easy access to Flinders Street and Palmer Street dining and entertainment precincts
Offering generous proportions, multiple balconies and an exceptional location within walking distance of the beach, this is an outstanding opportunity for owner-occupiers or investors looking to secure a property in tightly held North Ward.
Listing description written by Shelly Lynham, Lynham & Co. Sales — reproduced as published, not verified by Districts.