It's no secret that Townsville is one of the top-performing regional markets in Australia. Over the past five years, Townsville's real estate prices have increased by 71.7% since April 2020 to early 2025.

For property investors looking at the Townsville market, the challenge now is to find investment opportunities amid the region's housing shortage.

Whether you're looking at buying an existing property or a house and land package, here are the key statistics showing the investment potential of Townsville’s real estate market.

Key Statistics For Townsville’s Real Estate Market

• Townsville’s population is 204,541 residents as of mid 2025, which is projected to increase to 264,899 by 2046
• The median price across dwellings in Townsville is $570,020 as of April 2025
• Property prices have surged by 71.7% over the past five years since April 2020
• Townsville properties spend an average of 13 days on the market
• There have been 5,998 total dwelling sales from February 2024 to July 2025

Townsville Property Price Growth Trends  

• Median house price: $579,000 (28.66% annual increase from April 2024 to April 2025)
• Median unit price: $350,000 (17.05% annual increase from April 2024 to April 2025) 

Townsville has seen a double-digit growth rate in both houses and units over the 12 months since April 2024. As of April 2025, Townsville’s median house price was $529,000, and the median unit price was $350,000. 

What's more surprising is that properties have increased in value by 71.7% from April 2020 to April 2025, a reflection of strong buyer demand, limited supply, and a shift toward regional lifestyle preferences. 

Houses have outperformed units in terms of growth, with median house prices rising by almost 30% from April 2024 to April 2025. The median unit price in Townsville increased by 17.05% over the same period.

Rental Returns and Average Yield in Townsville

• Median house rent: $520 per week
• Median unit rent: $400 per week 
• Average rental yield: 5.0%
• Rental population percentage: 32.61%
• Vacancy rate: 0.96% 

As of April 2025, the median weekly rents for houses and units are $520 and $400 respectively, yielding an average rental return of 5% for investors. Townsville properties spend an average of just 13 days on the market for both rentals and sales. Townsville has a low vacancy rate of 0.96%, with 32.61% of the local population living in rental accommodation.

Buyer Demand in Townsville

Buyer demand in Townsville is high - there were just under 6,000 dwelling sales in Townsville in the 12 months since February 2024.

Another factor is housing supply. According to data from REMPLAN, the number of local building approvals in Townsville has dropped by almost 45% between 2021 to 2024. This means fewer new homes are coming into the market and increasing the value of existing stock.

Property Investment Opportunities in Townsville

With limited new approvals and a growing population, new homes are becoming the most in-demand properties on the market. Masterplanned communities in areas like North Shore, Mount Margaret, Greater Ascot, Harris Crossing and Elliot Springs offer house and land packages for both owner-occupiers and investors. These estates are located in Townsville's growth corridors and are designed for proximity to amenities such as schools, shopping centres and transport links. 

As North Queensland’s leading builder, Keir Constructions can work with you to create a quality new home build for investment. We have display homes in Harris Crossing and North Shore - explore our collection of house and land packages in Townsville or get in touch with our team today to find out more about our new home build options.