Rowes Bay QLD Property Investment

CAUTION — 2.7% gross yield on a $911,554 (single source — OnTheHouse only, no peer to validate) median.

Rowes Bay has compounded at 1.6%/yr over 5 years. Median sits in the $911,554 (single source — OnTheHouse only, no peer to validate) band today. Properties are sitting on market for 45 days (roughly balanced conditions).

• Median house: $911,554 (single source — OnTheHouse only, no peer to validate) | Units: $667,134
• Gross yield: 2.7% | Net yield: 1.2%
• 5yr price CAGR: 1.6%/yr | 3yr forecast: 13.5%/yr
• Population: 541 | Owner-occupier rate: 49% | Affluence: High

• Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

• Vacancy: 3.0% (stable) | Rental demand: Moderate
• Median weekly rent: $480/wk | Days on market: 45 (stable)
• Tenant market — vacancy elevated, negotiate hard on rent.

• Median nightly rate: $409/night | Occupancy: 44%
• Estimated annual STR gross: ~$65,726/yr
• vs long-term rent: $24,960/yr (+163% STR premium — factor in higher management costs)

• Bruce Highway Upgrade Program (under_construction)
• Transport: Townsville station 3.4km away

If Rowes Bay maintains 3%+ annual growth and vacancy stays below 2.1%, median prices could reach $1,048,287 within 3 years with yields compressing slightly as capital values rise.

A market correction or interest rate shock could see prices in Rowes Bay pull back 10-15% from $911,554, with vacancy rising to 5.0% and rental yields softening as tenants gain leverage.

• Distance from CBD may limit long-term capital growth potential
• - Flood risk: MODERATE (qld_elevation_proxy) — part of the suburb sits near waterways or in a mapped flood-prone area

• Westwood (QLD): $747,318 median, 2.3% yield, 23.0% 1yr growth
• Mapleton (QLD): $1,178,153 median, 3.0% yield, 8.2% 1yr growth
• Mutchilba (QLD): $878,938 median, 1.3% yield, 10.9% 1yr growth

Rowes Bay carries elevated risk that outweighs potential returns at current levels. A cooling market combined with moderate vacancy risk warrants caution. Avoid new acquisitions unless significant discount to median pricing is achievable. Re-evaluate if vacancy falls below 2.5% or annual price growth exceeds 3%.

• Entry range: $820,399 – $1,002,709
• Minimum gross yield to target: 4.5%
• Watch signal: vacancy dropping below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.