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QLD › Townsville City › Mariners Dr

U36, 7 Mariners Dr, Townsville City QLD 4810

For saleApartment

$1,098,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,098,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,098,000(Listing record · 16 May 2026)
  • CalculationAsk is 19% above the Townsville City median recorded sale ($920,000, n=7, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Townsville City's advertised median rent ($524/wk), implied gross yield would be 2.48% — 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

$1,098,000

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.

See the full Townsville City report →

Vs Townsville City

+19.3%

Median sale

Suburb $920,000

-0.48 pp

Gross yield

Suburb 2.96%

Suburb median $920,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,098,000
Stamp Duty (Queensland)
$43,660
Transfer/Registration Fee
$4,532
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
$1,149,892

$51,892 on top of the price (4.7% 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 Townsville City's advertised median rent — not a rent for this listing.

Net yield
0.98%
Annual cashflow (pre-tax)
$-46,318
Interest cover (DSCR)
0.19
Annual rent
$27,248
Operating expenses
$16,470
Loan amount
$878,400
Annual interest
$57,096
Gross yield
2.48%

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$1,098,000available16 May 2026

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 $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.

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 2.5%. 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

Townsville City in one glance

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.

See the full Townsville City report →

Keep researching

  • Why Townsville City? Read the area thesis →
  • What else is on the market in Townsville City →
  • Other records on Mariners Dr →

Listing material

Listed by Janice Gallagher Real Estate

MARINERS NORTH - ON THE OCEAN - SEA-VIEWS - LUXURY APARTMENT ON THE 3RD FLOOR IN THE TOWER - LIFT ACCESS.

You will be living your best life here waking up every day to the fantastic view!! Set in a prime ocean front location.

This fully furnished 2 bedroom and 2 bathroom apartment is situated on the 3rd floor in the tower with two lifts.

Offering open plan living that flows onto your front balcony perfect for alfresco dining. Galley style kitchen with pantry with abundance of cupboards with separate laundry.

Read the full description

Natural light and cooling sea breezes, while framing uninterrupted ocean, beach and North Ward outlooks that immediately ground the apartment in its beachside setting.

Main bedroom is spacious and has private balcony, walk-in robe and ensuite.

2nd bedroom has built-ins and enjoys the views.

Secure basement parking for one vehicle with additional storage.

Huge resort style swimming pool with spa, large BBQ and entertaining area, plus tennis court.

On site Manager.

Love to exercise? Strand is on your doorstep, walk to cafes and restaurants and shops.

As the day unfolds, afternoons and evenings come alive along the Strand. Cultural and coastal dining, boutique stores, and night markets set the scene whether enjoying a sunset cocktail by the water, a leisurely dinner at a fine restaurant, Casino or an unhurried wander through the vibrant streets.

Perfectly tailored for buyers seeking an astute investment, beachside sophistication or the freedom to lock-and-leave, this is an opportunity not to be missed. Rarely available don't miss an exceptional opportunity one of Townsville’s most tightly held and prestigious enclaves.

Body corporate Levy: $17,136.40P.A.

T.C.C. Rates: $1,981.10 Half yearly.

Disclaimer: All photographs, facades, colour schemes, floor plan and dimensions are for illustrative purposes only and may vary slightly to the end product.

Listing description written by JANICE GALLAGHER, Janice Gallagher Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Intercom
  • Outdoor Entertaining
  • Pay TV
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Tennis Court
  • Toilets: 2

Also look at

Also for sale in Townsville City

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  • U17, 7 Mariners Dr, Townsville City QLD 4810

    2-bed apartment. Currently listed.

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  • 17/7 Mariners Dr, Townsville City QLD 4810

    2-bed apartment. Currently listed.

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  • 25/7 Mariners Dr, Townsville City QLD 4810

    2-bed apartment. Asking $695K.

    For sale
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.