5 Best Property Investment Suburbs in Townsville 2025

With a current population of 201,443, which is expected to grow by 60,000 new residents over the next 20 years, Townsville has earned a reputation as the fastest-growing city in regional Queensland. Townsville is also experiencing a housing shortage that has caused rental prices to soar - rental prices have risen by 52% over the last decade since 2014.

The combination of continued housing demand and high rental returns offers plenty of opportunity for property investors.

Best Property Suburbs in Townsville for 2025

1. Mount Low 

Mount Low is a rapidly developing suburb located 18km west of the Townsville CBD. Homes in Mount Low are valued at a median price of $600,000 and feature larger lot sizes; a worthwhile investment option for investors who want more bang for buck. Mount Low has a full range of amenities, including shopping centres, schools, and convenient access to the coast via Bushland Beach to the north.

• Percentage of population in rental accommodation: 80%
• Vacancy rate: 17%
• Median house price: $600,000 (+27.9% over 12 months since June 2024)
• Average weekly house rent: $550 (+5.8% over 12 months since June 2024)
• Rental yield: 6%

2. Annandale 

Annandale is an established suburb of Townsville, best known for a family-friendly community. Annandale’s quiet, leafy streets create a peaceful living environment that is especially sought-after by young families. Located within a 15-minute drive from the Townsville CBD, Annandale is also popular for its proximity to the Townsville General Hospital. The high rental demand in Annadale is best represented by a low vacancy rate of 0.71%. 

• Percentage of population in rental accommodation: 58%
• Vacancy rate: 71%
• Median house price: $669,000 (+22.8% over 12 months since June 2024)
• Average weekly house rent: $580 (+9.4% over 12 months since June 2024)
• Rental yield: 8%

3. North Ward

North Ward is a coastal suburb with easy access to a local beach and the Townsville CBD via a 5-minute drive. North Ward is home to The Strand, Townsville’s well-developed foreshore, which offers a good spread of restaurants and cafes, barbecue facilities, and frequent lifestyle events such as the monthly Night Markets. Close to 45% of the residents in North Ward live in rental accommodation, indicating its potential for long-term rental returns. 

• Percentage of population in rental accommodation: 98%
• Vacancy rate: 08%
• Median house price: $1,200,000 (+42.9% over 12 months since June 2024)
• Average weekly house rent: $580 (+9.4% over 12 months since June 2024)
• Median unit price: $400,000 (+23.1% over 12 months since June 2024)
• Average weekly unit rent: $440 (+10.0% over 12 months since June 2024)
• Rental yield: 7% for houses, 5.7% for units

4. Douglas 

Douglas is 11km from the Townsville CBD, providing residents with convenient access to James Cook University and the Townsville General Hospital. The median Douglas house price is $583,500, which is more affordable for a suburb so close to a major university. There is a strong demand for rental accommodation in Douglas among both students and professionals, offering great investment potential for future growth and rental returns.

• Percentage of population in rental accommodation: 45%
• Vacancy rate: 89%
• Median house price: $583,500 (+19.1% over 12 months since June 2024)
• Average weekly house rent: $530 (+1.9% over 12 months since June 2024)
• Median unit price: $345,000 (+23.7% over 12 months since June 2024)
• Average weekly unit rent: $460 (+9.5% over 12 months since June 2024)
• Rental yield: 7% for houses, 6.5% for units 

5. Kirwan

Kirwan is a suburb located 12 km from the Townsville CBD, covering a large area of 11.5 km². Primarily a residential locality, Kirwan features pockets of commercial properties along Thuringowa Drive, which runs through the middle of the suburb. Kirwan boasts an abundance of amenities that make it like a township of its own - schools, childcare facilities, shopping centres, and recreational areas like The Willows Golf Course and Riverway Kirwan provide residents with convenient amenities. With a median house price of $555,000, Kirwan presents a long-term investment opportunity at a fraction of the cost of properties in major cities. 

• Percentage of population in rental accommodation: 44%
• Vacancy rate: 95%
• Median house price: $555,000 (+26.1% over 12 months since June 2024)
• Average weekly house rent: $520 (+6.1% over 12 months since June 2024)
• Median unit price: $359,000 (+27.1% over 12 months since June 2024)
• Average weekly unit rent: $385 (+4.1% over 12 months since June 2024)
• Rental yield: 0% for houses, 5.9% for units

If you are looking for property investment opportunities in Townsville, Builder Direct offers a range of new home build packages for investment. As the leading investment builder in the Far North Queensland region, each of our investment properties for sale in Townsville is backed by a local understanding of the market and research insights on future trends. Get in touch with our team to find out how you can build your Townsville investment property with us.