16 Laburnum Street, Cranbrook, QLD 4814 | House for sale | OnTheHouse
 
FOR SALE
$710,000

16 Laburnum Street
Cranbrook QLD 4814

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 673m2
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High-Yield Rooming Accommodation Investment Returning $1,180 Per Week

Positioned on a corner allotment in the heart of Cranbrook, this fully furnished rooming accommodation property presents an opportunity for investors seeking strong cash flow from day one.
Currently generating $1,180 per week in rental income, the property offers a practical layout designed to accommodate multiple occupants. The home features five bedrooms, including an oversized main bedroom, two bathrooms, two toilets, a large laundry, a spacious living and dining area, and an additional sitting area that provides extra communal space for occupants.
Outside, the property includes an in-ground swimming pool and benefits from its corner block position, offering convenient access and a sense of openness.
Located close to James Cook University, Townsville University Hospital, schools, shopping centres and public transport, the property is well positioned to attract ongoing tenant demand.
With a current rental return of $1,180 per week and rates of approximately $2,331 per half-year, this property offers a strong investment opportunity for buyers seeking immediate income and long-term potential.

Property Details for 16 Laburnum St, Cranbrook

16 Laburnum St, Cranbrook is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 673m2. The place is currently for sale with Page & Pearce Real Estate.

Building Type
House
Land Size
673m2
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About Cranbrook 4814

The size of Cranbrook is approximately 3.4 square kilometres. There are 6 parks, covering nearly 8.2% of the total area. The population of Cranbrook in 2016 was 5908 people. By 2021 the population was 5844 showing a population decline of 1.1% in the area during that time. The predominant age group in Cranbrook is 20-29 years. Households in Cranbrook are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cranbrook work in a professional occupation.In 2021, 63.70% of the homes in Cranbrook were owner-occupied compared with 65.10% in 2016.

Cranbrook has 2,697 properties. Over the last 5 years, Houses in Cranbrook have seen a 140.99% increase in median value, while Units have seen a 325.99% increase. As at 31 May 2026:

  • The median value for Houses in Cranbrook is $615,513 while the median value for Units is $793,836.
  • Houses have a median rent of $550 while Units have a median rent of $430.
There are currently 22 properties listed for sale, and 4 properties listed for rent in Cranbrook on OnTheHouse. According to Cotality's data, 159 properties were sold in the past 12 months in Cranbrook.

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Michael Trevilyan
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Page & Pearce Real Estate
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