Real Estate

confidence is returning realestate com au

Written by The ReReport

16 Mary St, West End

A WEST End house has sold for the highest price in the suburb in more than a year as confidence in Townsville’s property market returns.
Julie Mahoney from Ray White Julie Mahoney sold 16 Mary St, West End, at auction for $580,000 as three registered bidders vied for the property.
It was the highest residential, single dwelling sale since September 2017, according to REA when 1B Plant St sold for $630,000.

16 Mary St, West End16 Mary St, West End

Ms Mahoney said the Mary St property was bought by a professional couple with children who liked the large block and location.
“They liked the suburb and it’s a really good street,” she said. “You have two very big, separate lounge areas and at the back is a studio which provides a work-from-home option.
Ms Mahoney said West End was becoming increasingly popular with buyers.
“West End is really popular at the moment and I’m finding a lot of young couples are moving in and it has low insurance because most of the suburb is in a no-flood area,” she said.
“It’s so close to the city and contrary to what people believe it’s very breezy, even though people think because it’s tucked under the hill it will be hot.”
The four-bedroom, three- bathroom house is on a 1214sq m block with four car accommodation.

16 Mary St, West End.16 Mary St, West End.

It also has a media room, outdoor entertaining area, shed and large yard.
The house been updated but still retains plenty of character.
Ms Mahoney said she was confident Townsville’s property market was improving.
“We’ve got cranes in the sky, we’ve got development and we had 23 groups through our open homes last weekend so all the key indicators are there,” she said.
“I think people have a lot more confidence to buy now.
“October was probably our best month in three years.”

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