Designed with flexibility and investment performance in mind, this modern four bedroom, four bathroom residence presents a rare opportunity in one of Douglas' most consistently sought after pockets. Perfectly configured for sharehouse functionality, each bedroom includes its own bathroom and desk, making it exceptionally well suited to university students, defence personnel, or professionals seeking privacy and convenience. Positioned within easy reach of James Cook University, Townsville University Hospital, Lavarack Barracks, and major shopping amenities, this property offers a highly practical layout with strong rental appeal and excellent future demand. Currently leased at $600 per week on a periodic agreement, with rental appraisals indicating the potential to achieve $800 - $850 per week as a standard rental, or approximately $1,200 per week as a sharehouse arrangement including utilities. The Property - Purpose-built four-bedroom, four bathroom home designed for strong rental functionality - Each bedroom includes its own bathroom and desk, ideal for sharehouse living - Excellent investment opportunity in a high demand Douglas location - Currently leased at $600 per week on a periodic agreement - Standard rental appraisal of $800 - $850 per week - Sharehouse rental appraisal of approximately $1,200 per week, based on $300 per room including utilities - Spacious open plan living and dining area designed for low-maintenance comfort - Well appointed kitchen with walk in pantry and excellent storage - Separate guest toilet for added practicality - Covered outdoor patio ideal for year round entertaining - Large double garage with additional storage space - Low maintenance 435sqm allotment The Location - Prime Douglas position with excellent rental demand - Moments to James Cook University and student amenities - Close proximity to Townsville University Hospital - Easy access to Lavarack Barracks, ideal for defence-related tenant demand - Close to local shops, schools, public transport, and everyday services - A short drive to Stockland Shopping Centre and major retail amenities - Convenient access to walking and bike tracks throughout the Douglas riverside precinct
RealistIQ deal score
Strong value signal
91
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 3 Karingal Close, Douglas before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $891,000 - $1,459,000Wider ranges mean more uncertainty.
RealistIQ estimate$1,175,000
Market price guide$880,000
$891,000$1,459,000
12-month Property Outlook
What could this property be worth in 12 months if the local trend continues?
See Momentum and Stable modelled scenarios for this property.
