Investment Property in Townsville

Investment Real Estate in Townsville

Investment Property in Townsville
Investment Property in Townsville

Townsville property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Townsville .

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Search Map of Townsville Investment Real Estate

Townsville is a city on the north-eastern coast of Queensland, Australia. Townsville is Australia’s largest urban centre north of the Sunshine Coast, with a population of 180,820 as of June 2018. Considered the unofficial capital of North Queensland by locals, Townsville hosts a significant number of governmental, community and major business administrative offices for the northern half of the state.

Part of the larger local government area of the City of Townsville, it is in the dry tropics region of Queensland, adjacent to the central section of the Great Barrier Reef. The city is also a major industrial centre, home to one of the world’s largest zinc refineries, a nickel refinery and many other similar activities. As of December 2020, $30M operations to expand the Port of Townsville are underway, which involve channel widening and installation of a 70-tonne Liebherr Super Post Panamax Ship-to-Shore crane, to allow much larger cargo and passenger ships to utilise the port. It is an increasingly important port due to its proximity to Asia and major trading partners such as China.

Popular attractions include “The Strand”, a long tropical beach and garden strip; Riverway, a riverfront parkland attraction located on the banks of Ross River; Reef HQ, a large tropical aquarium holding many of the Great Barrier Reef’s native flora and fauna; the Museum of Tropical Queensland, built around a display of relics from the sunken British warship HMS Pandora; Castle Hill or as it was originally known Cootharinga, the most prominent landmark of the area and a popular place for exercise; The Townsville Sports Reserve; and Magnetic Island, a large neighbouring island, the vast majority of which is national park.

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The financial stability of Townsville has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

Buy to Rent in Townsville

Renting out your Townsville buy-to-rent investment property can grow wealth and income.

Whatever your goals with investment property in Townsville are – preparation is key.

  • Set goals based on how much rental yield will be required and the local rental yield rates in Townsville and be prepared to change your initial outlook.
  • Thoroughly research the Townsville location with a special emphasis on fringe areas outside the main Townsville metropolis that may be valued lower than their better-known neighbors. Rental yields of around 5% are still attainable in certain areas of Townsville.
  • Ensure that your target investment property in Townsville appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent such as Physis Realty with local knowledge and experience of property legislation will give you the best chance of success.
  • You may think that managing your Townsville properties yourself is an easy option, but are these savings justifiable when you run into Townsville red tape? Physis Realty Townsville office in downtown provides you with peace-of-mind and leaves you time to plan your next move in the growing Townsville buy-to-rent sector.

With our expert guidance, investing in Townsville provides the secure knowledge that your money is working harder than it would in a local Townsville bank and that future generations of your family will be left with substantial capital growth assets.

We are always happy to advise on buying investment property in Townsville, where we have been established for over 35+ years. Physis Realty has been a firm fixture in the Townsville property market through good times and bad. Our experts have seen it all and our portfolios continue to outperform.

Flipping Investment Property in Townsville

Flipping property in Townsville

Flipping property is when we advise clients to buy a Townsville property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Townsville market has a time to react to the renovation.

The Flipping Strategy in Townsville

Investment property flipping in Townsville is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Townsville real estate investments are sometimes referred to by professionals as ‘distressed’ Townsville real estate.

What is distressed Townsville property:

  • Townsville property in need of renovation
  • Townsville real estate with a change of purpose and use
  • Oversold Townsville property
  • Bank repossessions in Townsville

Put simply, long term investors in Townsville purchase the property, renovate it and make it a lot more attractive to potential buyers.

Calculate profit that you make from Townsville investment property flipping:

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Townsville property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

Experienced property developers in Townsville use a minimum profit value of 22% when looking at potential Townsville projects. The reason for this is because there are lots that can go wrong in Townsville property flipping and working on a potential margin of 22% should still leave a good margin of error.

Luxury Property in Townsville

For luxury property investors hoping to add a superb property in Townsville to their luxury real estate investment portfolio, Physis Realty is a trusted partner.

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A world leader in luxury real estate with a portfolio comprising some of the most sought-after real estate in Townsville, Physis Realty caters particularly to high net-worth individuals and families. A luxury real estate investment in Townsville should be entrusted to only the highest-quality agency.

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