News Corp Australia Network
Townsville’s top sales in the city’s most expensive streets have been revealed, and it is not a Castle Hill locale that took out the number one spot.
Palm Street in Rowes Bay, with a median street value of $1.965m tops the list, and is home to some of the city’s most well-heeled residents.
Cowboys great Johnathan Thurston and wife Samantha hold the street record after purchasing a property for $4.5 million in 2021.
That is more than double the runner-up, which sold for $2.375 million in May last year.
The cheapest recorded sale on the street was for $104,000 in 1993, publicly available records show.
Coming in second place is Victoria St in North Ward with a median street value of $1.85 million.
The top sale in that street was $4.5 million – equal to the Rowes Bay record.
It sold in April 2022 and was $1.6 million higher that its closest rival, which sold for $2.4 million in March last year.
Balmoral Drive on Castle Hill – Townsville’s most expensive suburb – came in third place with a median street value of $1.25 million.
There, the top recorded sale was set in August 2021 when a modern five-bedroom residence on a 1617sq m block changed hands for $2.3 million.
Alexandra St in North Ward came in fourth spot, with a median street value of $1.12 million, according to analysis by Ray White Group.
And rounding out the top five was Yarrawonga Drive on Castle Hill at $1.05 million.
But the top sale on the street is held by a five bedroom joise on a 1023sq m block that sold for $3.2 million in 2021.
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The current Townsville house price record is $6 million.That result was achieved after 1300 Smiles founder Daryl Holmes bought 32 Stirling Drive on Castle Hill off-market in October 2020 from businessman Adam Carmichael and wife Daniella.
But that could be smashed if a marina residence owned by Mendi Group managing director Jeff Doyle and his wife Natasha on Sir Leslie Thiess Drive achieves its asking price of $9.58 million.
RELATED: Inside the Townsville home poised to smash the city’s price record
It was first listed for $9.85 million and sits on three lots totalling 1243sq m, with each lot boasting its own marina berth.
To see the full list of Townsville’s top 10 most expensive and cheapest streets, go to: Revealed: Qld’s 50 cheapest streets, and 50 most expensive
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- Source: https://www.realestate.com.au/news/top-sales-in-townsvilles-most-expensive-streets-revealed/