17 Northwest CrescentCranbrook QLD 4814
Property Details for 17 Northwest Cres, Cranbrook
17 Northwest Cres, Cranbrook is a 7 bedroom, 4 bathroom House with 4 parking spaces. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 7 bedroom House sold in Cranbrook in the last 12 months.
Last Listing description (December 2025)
This two-storey home in Cranbrook offers a rare opportunity to secure a fully configured rooming accommodation property with excellent returns. Fully furnished with Seven spacious bedrooms and Four bathrooms across two self-contained levels, the home has been consistently rented to students for the past eight years, easily achieving 100% occupancy. Having been extended and renovated in 2017 the property is purpose-built for student living, rooming accommodation with fixed 12-month leases. Offering proven rental growth, consistent cash flow, and strong returns well above typical residential benchmarks.
Finances:
-Delivering 7.2% yield for 2025 increasing to 7.5% for 2026.
-Projected Rental Income 2026 $1,460 per week
-Council Rates $2,529.40 per 6 months
Why This Property Stands Out
With strong ongoing demand for affordable student housing, annual rental increases, and a proven track record of full occupancy, this property represents an outstanding investment in Townsville's growing rooming accommodation market.
Layout
Upper Floor:
-Four bedrooms, each well-sized independent living space.
-Two modern bathrooms, four sinks, 2 showers plus separate toilet
-Expansive kitchen with open-plan dining
-Additional living area leading to a breezy front balcony
Ground Floor:
-Three large bedrooms
-Full second kitchen with dining area
-Two modern bathrooms, Three sinks, Two showers, 2 Toilets
-Large internal communal laundry with two washing machines and extra storage
-Separate entry with potential for a 2-bedroom self-contained unit
External Features:
-Large, covered patio- includes secure bike rack and 7 key safes for spare bedroom keys
-Secure, low-maintenance backyard with shed
-Electronic lock to back door for keyless entry
-Two driveways providing ample off-street parking
Additional Features:
-Fully furnished throughout
-Air conditioners in all bedrooms (relatively new)
-New electrical switchboard
-2.5kW solar power system
Flexible Accommodation and multi-use layout
• Current use as a spacious 7-bedroom rooming house, purpose-built for student living, with shared communal areas and private bedrooms spread across both levels.
• Property reconfiguration supports a self-contained 2-bedroom flat downstairs plus a 5-bedroom home, ideal for dual leases, multi-generational living, or rental flexibility.
• A large Family home perfectly suited for big families who value both space and functionality.
Location:
Set in a quiet, high-demand area of Cranbrook, tenants are close to James Cook University, Townsville Hospital, Stockland Shopping Centre, Local schools and parks
Property History for 17 Northwest Cres, Cranbrook, QLD 4814
- 02 Oct 2025Listed for Sale $970,000
- 08 Jul 2019Listed for Rent $150 / week
- 05 Jul 2018Listed for Rent $150 / week
Recent sales nearby
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0About Cranbrook 4814
The size of Cranbrook is approximately 3.4 square kilometres. It has 6 parks covering nearly 8.2% of 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 2,696 properties. Over the last 5 years, Houses in Cranbrook have seen a 135.21% increase in median value, while Units have seen a 89.61% increase. As at 30 November 2025:
- The median value for Houses in Cranbrook is $555,871 while the median value for Units is $321,866.
- Houses have a median rent of $510 while Units have a median rent of $380.
Suburb Insights for Cranbrook 4814
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