South Townsville at a glance
2,596
People
$770,000
Median sale
$502/wk
Median rent
3.39%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
QLD › South Townsville › Palmer St
$1,500,000
For sale
Asking
3
Bedrooms
2
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
$1,500,000
Asking
No recorded sale for this property.
South Townsville at a glance
2,596
People
$770,000
Median sale
$502/wk
Median rent
3.39%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Vs South Townsville
+94.8%
Median sale
Suburb $770,000
-1.65 pp
Gross yield
Suburb 3.39%
Suburb median $770,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$76,869 on top of the price (5.1% 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 South Townsville'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 $502/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 1.7%. 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
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
South Townsville at a glance
2,596
People
$770,000
Median sale
$502/wk
Median rent
3.39%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by North Ward RealtyExperience elevated executive living in this beautifully appointed three bedroom, two bathroom apartment within the highly regarded Solarus complex on Palmer Street. Positioned to capture sweeping views across Cape Cleveland, Magnetic Island, Castle Hill, the boat dotted marina and the sparkling night lights of the city, this residence delivers a lifestyle of sophistication and ease.
The open plan living area with extra high ceilings capture one’s attention with alluring views from every angle thanks to the floor to ceiling glass doors and windows across the entire front of the apartment. A generous, shutter roof balcony creates an impressive outdoor living zone, perfect for entertaining or simply soaking in the panorama. Inside, the well designed layout places two bedrooms and the main bathroom at the rear for privacy, while the master suite enjoys balcony access, a walk in robe and a stylish ensuite.
An apartment with attention to detail and fit out enjoys all the modern comforts of ducted air conditioning throughout. The kitchen is superbly finished with Miele appliances, ample storage and a breakfast bar that flows into the open plan living and dining area.
Direct lift access to your own floor, a two car secure carpark, additional storage, swimming pool, gymnasium, security video intercom access to building and on-site management enhance everyday convenience.
Set in the heart of Palmer Street’s vibrant dining and entertainment precinct, this executive apartment offers the ideal blend of luxury, security and lifestyle appeal.
If you’ve been waiting for a premium residence that delivers space, style and unbeatable views, this is your moment. Inspect today to experience the Solarus lifestyle for yourself.
Please note - floorplan provided for indicative purposes only
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Disclaimer: While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies and we accept no liability for any errors or exclusions (including but not limited to a property’s land size, floor plans and building age). Accordingly all interested parties should make their own enquiries and obtain their own legal advice.
Listing description written by Glenn Bower, North Ward Realty — reproduced as published, not verified by Districts.
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