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Tuesday 21 July 2026
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The Daily Townsville

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Investor yields returns and what the numbers show

Townsville rental returns are holding at 6 per cent plus in key pockets as median prices sit near 390000 dollars amid steady military and worker demand.

By Townsville Property Desk · Published 20 July 2026

How we reported this

Produced with AI assistance and reviewed against our editorial standards. Sources are linked where available. Spotted an error or need a correction? Contact [email protected].

Investor yields returns and what the numbers show
AI illustration

Townsville investors locked in gross rental yields averaging 6.2 per cent on properties sold in the first half of 2026, with several Bohle Plains listings clearing at 6.5 per cent after military families signed twelve-month leases.

The figures matter now because the June quarter data released by the Real Estate Institute of Queensland showed asking rents in the city rising 4.8 per cent year on year while median house prices remained near 390000 dollars, keeping entry costs lower than Brisbane or Cairns.

Bohle Plains and Idalia sales records

Three homes on Pineview Crescent in Bohle Plains sold between 425000 and 445000 dollars in May, each returning 580 dollars a week under new Defence Housing Australia contracts tied to Lavarack Barracks. In Idalia, units near the Townsville University Hospital fetched 395000 dollars with weekly rents of 480 dollars, producing yields above 6.3 per cent after the council approved the Riverway precinct expansion last year.

CoreLogic figures for the June quarter placed Townsville’s median at 392000 dollars, up 2.1 per cent from December 2025, while investor purchases accounted for 38 per cent of all sales in the Bohle Plains postcode. The same dataset recorded an average days-on-market of 28 for yield-focused properties, shorter than the city-wide 41-day average.

Next steps for buyers

Local agents advise checking current Defence Housing Australia tender rounds before settlement and running numbers against the 6 per cent benchmark on any property west of the Ross River. Prospective buyers can review the latest yield tables on the Townsville City Council planning portal before lodging finance pre-approvals this month.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.

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