Castle Hill properties set records tumbling
A CASTLE Hill home with an indoor swimming pool has recorded the highest residential sale in Townsville of the past financial year.
The home at 5 Arundel Court sold in February for $ 2.4 million to a couple from regional Queensland.
It has six bedrooms, four bathrooms and 270- degree views of Mount Louisa, Palm Island and the Port of Townsville. Entry is over a boardwalk suspended above a water feature with living fish.
The second most expens- ive home was 26 Cleveland Terrace, Townsville City, which sold for $ 1.9 million in March, and 30 Yarrawonga Drive, Castle Hill, rounded out the top three by selling for $ 1.35 million.
Janice Gallagher, owner of Janice Gallagher Real Estate, sold 5 Arundel Court and said its magnificent views and luxury appointments helped it attract the record price. “It has one of, if not the best view in Townsville,” she said.
“Because of where it’s situated you can see right around to Mount Louisa.
“I think things are also picking up and we’re seeing more sales happening in that high range.”
The Cleveland Terrace home, on Melton Hill, also enjoys ocean views out to Cleveland Bay.
The historic home is named the Warringah and was built in 1912.
It’s set on 1879sq m of land and has generous wraparound verandas, a swimming pool, five bedrooms and two bathrooms.
Two of the three homes that recorded the most expensive sales were in the suburb of Castle Hill.
The median house price in Castle Hill is $ 970,000, well above the Townsville- wide average of $ 335,000.
Smith and Elliott principal Sally Elliott, who sold the home at 30 Yarrawonga Drive, said the house was on a large usable block, which was rare for Castle Hill.
“It’s got 1500sq m of usable space,” she said.
“I think the fact that nothing had to be done to the house and it was presented in immaculate condition made it very attractive and it also had great views. People are starting to see the value in land so we’ve been getting a lot of interest on good blocks that are easily accessible.”