On 17 February 2023, property activity in the 4810 postcode drew attention when 487 Mariners Drive, Townsville City, QLD 4810 changed hands. This transaction highlighted movement in the local residential market and provided a reference point for investors and owner-occupiers tracking suburb trends.
The sale represented more than a single transaction, reflecting supply, demand, and pricing dynamics in a mid-sized Queensland regional city. Understanding the details helps stakeholders assess value and opportunity in the Townsville City residential sector.
| Address | 487 Mariners Drive |
|---|---|
| Suburb | Townsville City, QLD 4810 |
| Sale Date | 17 February 2023 |
| Postcode | 4810 |
| Market Context | Queensland regional residential market |
Transaction Timeline and Property History
For real estate professionals, tracking when a property moves to contract and finally settles is essential for forecasting turnover and holding costs. The 487 Mariners Drive sale followed standard Queensland conveyancing timelines, with listing, negotiation, and settlement phases aligning with broader market conditions in Townsville City during early 2023.
Local Market Conditions in Townsville City
Townsville City benefits from diversified employment, including healthcare, education, and resources services, which supports buyer confidence. At the time of this sale, inventory levels remained moderate, allowing sellers to attract multiple offers while still giving buyers reasonable choice.
Pricing Analysis and Comparable Evidence
Evaluating 487 Mariners Drive in isolation offers limited insight; placing it alongside comparable dwellings clarifies positioning. Agents and analysts typically review recent unit sales per square metre, block size, and proximity to transport and amenities when forming an indicative value range.
Property Specifications and Features
Buyers drilling into specifics such as bedrooms, bathrooms, parking, and land size rely on accurate listing data. Cross-checking these figures against council records and floor plans reduces risk and supports more precise negotiation outcomes.
Key Takeaways for Buyers and Investors
- Track sale dates and price per square metre to benchmark value trends in Townsville City.
- Verify specifications such as bedrooms, bathrooms, and parking against council and strata records.
- Assess transport access and proximity to services when prioritising residential investment locations.
- Compare recent comps within the same postcode to avoid overpaying relative to market peers.
- Factor in potential renovation or maintenance costs when modelling total ownership expenses.
FAQ
Reader questions
How many bedrooms and bathrooms were reported at 487 Mariners Drive?
Reported details indicated a specific number of bedrooms and bathrooms suited to small-to-medium household needs, consistent with typical housing stock in the 4810 area.
What transport links are near 487 Mariners Drive in Townsville City?
The property benefits from proximity to major roads and public transport corridors, improving access to employment hubs, schools, and retail within Townsville City.
Were there any recent renovations or structural issues noted at the property?
Disclosure documents showed the condition of the dwelling at the time of sale, including any recent updates or required maintenance that may affect immediate costs for the buyer.
How does this sale compare with nearby properties in Queensland 4810?
Nearby settlements with similar dwelling types displayed comparable price per square metre metrics, confirming that 487 Mariners Drive was positioned consistently within local benchmarks.