Property Highlight – Elliot Springs, Townsville, QLD

4 bed, 2 bath, DLUG house and land package
Land $155,000 (455sqm)
Build $375,194 (180sqm)
Total $530,194

Land is registered
Stamp duty payable on land component only

0.3% vacancy rate July 2022
(anything under 3% is considered good, under 1% is excellent and indicates high demand for rental properties. 0.3% is crazy low!)


The location

Elliot Springs is just 15km from Townsville CBD in North Queensland. It’s Townsville’s newest neighbourhood and is being built for people seeking an active, outdoor lifestyle. It’s more than a beautiful location, Elliot Springs is a place to live
a full life. You’ll be able to walk the kids to school, cycle to the shops, catch up with friends and even start a business, all without leaving the community. It’s just off the Bruce Highway and a short drive to Fairfield Central and the Murray Sports Complex. More than one third of Elliot Springs will become open space with an expansive network of playgrounds, landscaped parks, sporting fields, bushland corridors and native habitat sanctuaries linked together by walking and cycling paths.

There will be more opportunities for the ultimate work-life balance with many workplaces within minutes of easy commute to Lavarack Barracks, Townsville Hospital, James Cook University and the city. And with industrial operations such as the zinc and copper refineries being so close it means you’re in the heart of Townsville’s southern commercial growth corridor.

Townsville has its history in mining and defence, and its future is looking promising with the army and RAAF bases growing and the prospect of remote working becoming a permanent fixture for many businesses. This has brought more stable prosperity to Townsville, as urban families and couples leave overcrowded cities for a slower-paced lifestyle. As rent and property prices continue to rise in Australia’s major cities, and workers are given more flexibility to work from home, it’s forecast that this trend will continue. Townsville’s current population growth is 2.1% pa whilst Queensland as a whole is 1.9%. (As a comparison, annual national growth last year was 0.5%)

Townsville and the rest of North Queensland are currently in the middle of an investment boom, with more than $7bn committed to infrastructure investment over the next few years, including spending on the Port of Townsville and James Cook University. This indicates that job growth and house building will likely be on the rise, which often converts to confidence in property buyers, and some suburbs of the city have reported price jumps of as much as 30% in the last year.

The property

This 4 bed, 2 bath, 2 car garage is designed for a young family. For the investor, it’s a turnkey package, meaning everything is included (including window furnishings) and there is nothing more to spend.


  • Split system air conditioning to main living area and master bedroom
  • 2.6m ceilings with LED downlights and fans in rooms and patio
  • Security screens throughout
  • Stone benchtops in kitchen
  • Wall mounted clothesline and rendered letterbox
  • Landscaped garden bed
  • Fencing and gates

The design meets silver accessibility requirements


This property is well priced, the land is registered and construction is ready to begin.

If this investment opportunity appeals to your goals, please get in touch.