The Perfect Combination: Strong Yield and Long-Term Growth for a Set-and-Forget Investment

The Details

Location: Northern Queensland

Type: House

Purchase Price: $429,000

Rent: $490 p/wk combined

Rental Yield: 5.94%

Vacancy Rate: 0.98%

Off market property in a tightly held suburb in the rapidly growing region of Townsville

Strong yield and excellent long term growth prospects.

Infrastructure projects showing why Townsville is hot on property investors radars with plans in place for long term and sustainable growth

2010 this immaculately presented home positioned at the end of a court provides a low maintenance set and forget investment