Property Investment in Mount Louisa, Townsville, QLD

Property Investment in Mount Louisa, Townsville, QLD

Median house price: $430,000
Median house rental value: $480 PW
Transport: car, train, bus
Population: 8,825 (2016)
State: Queensland
Location: Townsville region of Queensland

Mount Louisa is a residential suburb in the City of Townsville, Queensland, Australia. The suburb contains the mountain, Mount Louisa. In the 2016 census, Mount Louisa had a population of 8,825 people.

Residents have a medley of places to choose from to keep them physically and socially active. It’s a suburb with mainly mature, established, and older couples and families.

Real Estate Market

The median house price in Mount Louisa is $430,000, while houses rent out for $430 PW with an annual rental yield of 5.60%.

Last year has brought a substantial increase, 7.5% growth in the median house rental price, making Mount Louisa a good property investment choice.

Lifestyle
Mount Louisa is a well-populated suburb, with more than 8,000 people calling it home. Much of its population is maturing families with kids.

Aside from its mixed residential developments, Mount Louisa has a small industrial hub nearby. This suburb also has a small commercial centre. It has supermarkets, chemists, and several schools.

Mount Louisa has Calvary Christian College and Eaton College nearby.

Why Invest here?
– Mount Louisa has a growing real estate market, with its house and unit values on an upward trend for the past few years.
– As an investor, you will have a wide range of properties to choose from, within an affordable range.

Interested? Contact us for an obligation-free consultation here.