423 Ross River RoadCranbrook QLD 4814
Property Details for 423 Ross River Rd, Cranbrook
423 Ross River Rd, Cranbrook is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 673m2 and floor size of 160m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 4 bedroom House sold in Cranbrook in the last 12 months.
Last Listing description (August 2026)
Positioned in one of Cranbrook's most convenient and well-connected locations, 423 Ross River Road, Cranbrook presents an outstanding opportunity for investors seeking immediate rental income, quality tenants, and excellent future growth potential.
This solid block duplex has been exceptionally well maintained and offers two fully self-contained residences, each thoughtfully designed with private access and low-maintenance living in mind. Both units are currently tenanted by occupants who take exceptional pride in their homes, providing peace of mind and an attractive set-and-forget investment.
Each residence features two generous bedrooms, one bathroom and dedicated carports, complemented by split-system air conditioning throughout to ensure year-round comfort. Private courtyards provide an appealing outdoor space for tenants while enhancing the overall livability of each unit.
This property also offers an excellent opportunity for future rental growth, making it an attractive proposition for both seasoned investors and those looking to expand their portfolio.
Property Features:
Solid block construction.
Well-maintained throughout.
Two fully self-contained residences.
2 bedrooms, 1 bathroom and 2 carport speaces per unit.
Split-system air conditioning throughout both units.
Private courtyards for each residence.
Independent access to both units.
Low-maintenance investment.
Both units tenanted.
Strong rental growth potential.
Current Tenancy Information:
Unit 1-
Tenant in place since October 2025.
Lease secured until January 2027.
Currently returning $360 per week.
Unit 2-
Tenant in place since 2022.
Lease secured until October 2026.
Tenant has expressed a desire to remain.
Currently returning $360 per week.
Additional Information:
Rental Appraisal - $420-$440 per week per unit.
Security screens throughout.
Fully fenced pet-friendly yards.
Outstanding Central Location:
Convenience is a major highlight of this property. Situated along Ross River Road, everything tenants need is only minutes away, contributing to consistently strong rental demand.
Nearby amenities include:
Stockland Townsville Shopping Centre.
Willows Shopping Centre.
James Cook University.
Townsville University Hospital.
TAFE Queensland.
Ross River walking and cycling trails.
Numerous parks and sporting facilities.
Public transport within easy walking distance.
A wide selection of primary and secondary schools, including Holy Spirit Catholic School, Ignatius Park College, Heatley Secondary College, Vincent State School and Cranbrook State School.
Easy access to the Townsville CBD and Lavarack Barracks.
Whether you're looking for a reliable addition to your investment portfolio or a dual-income property with excellent long-term prospects, this duplex offers the ideal combination of secure returns, quality tenants, low-maintenance construction and an unbeatable central location.
For further information, Form 2 - Seller' Disclosure or video walkthroughs of both units, please don't hesitate to get in touch.
Video inspections of both residences are available upon request.
Property History for 423 Ross River Rd, Cranbrook, QLD 4814
- 07 Aug 2026Sold for $735,000
- 01 Jul 2026Listed for Sale $750,000
- 31 May 2022Sold for $420,000
Recent sales nearby
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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 2,702 properties. Over the last 5 years, Houses in Cranbrook have seen a 137.73% increase in median value, while Units have seen a 100.33% increase. As at 31 July 2026:
- The median value for Houses in Cranbrook is $615,917 while the median value for Units is $381,963.
- Houses have a median rent of $550 while Units have a median rent of $450.
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