This property is a great head start to jump into Cooktowns thriving rental market by completing this project for the bonus of 2 rental investment returns on one property with the potential to earn a gross return of approx $1000 a week. You could also live in one and rent the other one out.
Development Application has been approved by Council for the kit homes called the "Weekender" or you can engage a local builder or build them your self with owner builder license. The "weekender" is still available to order, and the footings and carport have already been completed and certified for the front site. The design of the rear home is elevated to allow for parking underneath.
A water meter has been connected and power and sewerage are also available to be connected. You can also design and build your own home incorporating the footings that are already in place.
The size of Cooktown is approximately 2145.1 square kilometres. It has 20 parks covering nearly 19.8% of total area. The population of Cooktown in 2016 was 2631 people. By 2021 the population was 2746 showing a population growth of 4.4% in the area during that time. The predominant age group in Cooktown is 60-69 years. Households in Cooktown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooktown work in a professional occupation.In 2021, 55.30% of the homes in Cooktown were owner-occupied compared with 54.10% in 2016.
Cooktown has 1,818 properties. Over the last 5 years, Houses in Cooktown have seen a 54.89% increase in median value, while Units have seen a 43.72% increase. As at 30 April 2026:
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