Townsville City Council
Overview of 2025 land valuation
For Townsville City local government area (LGA), the revaluation included 74,827 properties, with a total value of $19,699,238,900, an overall increase of 27% since the last revaluation issued in 2022.
Property market changes within the Townsville City LGA are being driven by:
- a rise in both vacant and improved property prices
- growing demand for the limited supply of land
- increased interstate/overseas buyers
- low vacancy rate in rental market increasing competition
- increased migration to Townsville post-pandemic increased demand for housing
- interstate and overseas investment due to affordability and lifestyle appeal for families and retirees
- infrastructure investment in the defence, healthcare, mining, and education sectors.
Total value by land use
| Land type | Value | Percentage of total land value |
|---|---|---|
| Single Unit Residential | $13,103,670,200 | 66.5% |
| Rural Residential | $2,388,570,500 | 12.1% |
| Multi-Unit Residential | $1,048,051,800 | 5.3% |
| Commercial | $1,360,282,500 | 6.9% |
| Industrial | $1,456,484,000 | 7.4% |
| Primary Production | $203,253,500 | 1% |
| Other | $138,926,400 | 0.7% |
| LGA total | $19,699,238,900 | 100% |
Note: The sum of percentages may not equal 100% due to rounding.
Residential land
There has been a moderate increase in median values within the residential market localities of Townsville City LGA since the last valuation. The overall median value for residential land in the Townsville City LGA is $192,500, an increase of 24.2%.
The table below shows the changes in median value of residential land in the Townsville City LGA.
| Locality | Previous median value (as at 1 October 2021) | New median value (as at 1 October 2024) | Change in median value | Number of properties |
|---|---|---|---|---|
| Aitkenvale | $175,000 | $210,000 | 20% | 1,665 |
| Annandale | $225,000 | $270,000 | 20% | 3,000 |
| Arcadia | $235,000 | $375,000 | 59.6% | 209 |
| Balgal Beach | $78,000 | $128,000 | 64.1% | 506 |
| Belgian Gardens | $265,000 | $370,000 | 39.6% | 551 |
| Bluewater | $102,000 | $122,000 | 19.6% | 70 |
| Bohle Plains | $155,000 | $195,000 | 25.8% | 1,917 |
| Burdell | $157,500 | $190,000 | 20.6% | 3,073 |
| Bushland Beach | $135,000 | $175,000 | 29.6% | 2,579 |
| Castle Hill | $370,000 | $580,000 | 56.8% | 393 |
| Cluden | $149,000 | $195,000 | 30.9% | 145 |
| Condon | $137,000 | $172,500 | 25.9% | 1,848 |
| Cosgrove | $145,000 | $175,000 | 20.7% | 380 |
| Cranbrook | $155,000 | $180,000 | 16.1% | 2,110 |
| Cungulla | $89,000 | $98,000 | 10.1% | 282 |
| Currajong | $175,000 | $230,000 | 31.4% | 983 |
| Deeragun | $129,000 | $155,000 | 20.2% | 1,358 |
| Douglas | $172,500 | $187,500 | 8.7% | 2,388 |
| Garbutt | $146,000 | $197,500 | 35.3% | 847 |
| Gulliver | $175,000 | $227,500 | 30% | 1,182 |
| Heatley | $142,000 | $160,000 | 12.7% | 1,468 |
| Hermit Park | $144,000 | $232,500 | 61.5% | 961 |
| Horseshoe Bay | $105,000 | $202,500 | 92.9% | 437 |
| Hyde Park | $167,500 | $207,500 | 23.9% | 402 |
| Idalia | $240,000 | $265,000 | 10.4% | 1,411 |
| Jensen | $192,500 | $240,000 | 24.7% | 82 |
| Julago | $152,500 | $170,000 | 11.5% | 361 |
| Kelso | $116,000 | $145,000 | 25% | 3,099 |
| Kirwan | $160,000 | $200,000 | 25% | 7,474 |
| Mount Louisa | $155,000 | $195,000 | 25.8% | 3,526 |
| Mount Low | $146,000 | $190,000 | 30.1% | 1,559 |
| Mundingburra | $197,500 | $275,000 | 39.2% | 1,095 |
| Mysterton | $210,000 | $300,000 | 42.9% | 293 |
| Nelly Bay | $152,500 | $212,500 | 39.3% | 639 |
| Nome | $46,000 | $61,000 | 32.6% | 295 |
| North Ward | $400,000 | $500,000 | 25% | 700 |
| Oonoonba | $148,000 | $162,500 | 9.8% | 919 |
| Pallarenda | $245,000 | $320,000 | 30.6% | 331 |
| Paluma | $66,000 | $96,000 | 45.5% | 78 |
| Picnic Bay | $136,000 | $270,000 | 98.5% | 212 |
| Pimlico | $195,000 | $255,000 | 30.8% | 607 |
| Railway Estate | $180,000 | $215,000 | 19.4% | 1,074 |
| Rasmussen | $129,000 | $162,500 | 26% | 1,893 |
| Rosslea | $200,000 | $280,000 | 40% | 462 |
| Rowes Bay | $315,000 | $410,000 | 30.2% | 96 |
| Saunders Beach | $111,500 | $139,500 | 25.1% | 210 |
| Shaw | $135,000 | $182,500 | 35.2% | 494 |
| South Townsville | $197,500 | $235,000 | 19% | 644 |
| Stuart | $109,000 | $131,000 | 20.2% | 170 |
| Thuringowa Central | $155,000 | $195,000 | 25.8% | 689 |
| Toolakea | $225,000 | $270,000 | 20% | 124 |
| Toomulla | $99,000 | $119,000 | 20.2% | 156 |
| Townsville City | $320,000 | $370,000 | 15.6% | 199 |
| Vincent | $135,000 | $160,000 | 18.5% | 912 |
| West End | $182,500 | $255,000 | 39.7% | 1,082 |
| Wulguru | $131,000 | $157,500 | 20.2% | 1,740 |
Note: Table includes localities with a minimum of 50 properties as residential land use.
Explanatory notes
- The residential market within all localities of the Townsville City LGA have seen minor to moderate increases for most of the localities, however, some significant changes occurred for Magnetic Island and lower valued areas.
- There has been increasing demand for Townsville residential housing, underpinned by population growth, and perceived affordability in comparison to other provincial cities and capitals.
Rural residential land
The table below shows the changes in median value for rural residential land in the Townsville City LGA.
| Previous median value (at 1 October 2021) | New median value (at 1 October 2024) | Change in median value | Number of properties |
|---|---|---|---|
| $207,500 | $270,000 | 30.1% | 8,155 |
Explanatory notes
- The rural residential market within all localities of Townsville City LGA has increased.
- Most of the rural residential properties are located on the outskirts of the city more than 20 radial kilometres from the Townsville Central Business District (CBD). The market has continued to show price growth off the back of solid demand.
Other land uses
The table below shows the total value of land uses (other than residential and rural residential land) in the Townsville City LGA.
| Land use category | Previous total land value (at 1 October 2021) | New total land value (at 1 October 2024) | Change in total land value (%) | Number of properties |
|---|---|---|---|---|
| Multi-Unit Residential | $819,181,100 | $1,048,051,800 | 27.9% | 1,658 |
| Commercial | $1,106,622,400 | $1,360,282,500 | 22.9% | 1,649 |
| Industrial | $1,022,943,250 | $1,456,484,000 | 42.4% | 1,532 |
| Primary Production | $117,979,000 | $203,253,500 | 72.3% | 180 |
| Other | $118,457,300 | $138,926,400 | 17.3% | 129 |
Explanatory notes
- Commercial land recorded a moderate increase in value.
- The main commercial centre is the Townsville CBD and the Aitkenvale major centre. Emerging centres include Thuringowa Central, Idalia, North Shore (Burdell) and Deeragun.
- The Townsville CBD experiences high vacancy rates and there has been no change in value in that locality, however strong demand along the strip commercial precincts has led to significant increases in value.
- Industrial land recorded a significant increase in value.
- Sales activity within the Townsville industrial market has led to a significant growth in values within most of the industrial precincts including Mount St John, Bohle, Garbutt, Shaw and Roseneath.
- Primary production land recorded a significant increase in value.
- Sales volumes have been steady and demonstrated a consolidation of levels throughout 2024 from the buoyant conditions experienced since the last valuation.
- Multi-unit residential land recorded a moderate increase in values, driven by demand for residential and density accommodation.
More information
To view the valuation roll display listing for Townsville City LGA, you can:
- see land valuations online
- visit the Department of Natural Resources and Mines, Manufacturing and Regional and Rural Development, Verde Tower, Level 9, 445 Flinders Street, Townsville during business hours until 30 June 2025.
Adverse weather events
Has an adverse weather event impacted your land? Learn more about adverse weather events and provide event details online if you've been impacted.