6/37-39 Dearness St, Garbutt is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1991. The property has a land size of 80m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Unit sold in Garbutt in the last 12 months.
Looking for an investment that actually pays for itself? Welcome to 6/37-39 Dearness Street. This beautifully maintained unit isn't just a property; it's a streamlined income . Currently leased to an amazing tenant who treats the home as their own, this is the "easy button" for your property portfolio. This exceptionally well cared for two bedroom, 1 bathroom unit offers everything you could need for happy tenants, or happy owners at the end of the lease.The Highlights:Well Laid-out Modular Kitchen: Designed for efficiency and style, with ample storage, and an electric free standing stove plus a rangehood.Two Spacious Bedrooms: Both featuring built-in wardrobes, ceiling fans, and split-system air conditioning-essential for North Queensland comfort.Functional Bathroom: Featuring a practical walk-in glass screened shower and a spacious vanity plus a separate toilet for convenience. There is even an internal laundry.Private Courtyard: A fully fenced, low-maintenance grassed rear courtyard-the perfect spot for a morning coffee or a small garden.Quiet & Secure Complex: Tucked away in a peaceful, well-regarded complex with long-term neighbors and manicured common areas.Extras: Single carport with an additional lockable storeroom for those extra bits and pieces.The Investor's Edge:Immediate Returns: No need to hunt for a tenant-the hard work is already done with a high-quality occupant in place.Less than 6km to the CBD and minutes from the Townsville Airport and RAAF Base-this is a high-demand rental pocket.2026 Market Strength: Garbutt is seeing double-digit growth as investors realize its value compared to neighboring CBD-fringe suburbs.Contact Sherrie Tuppurainen today on 0403 888 506 to arrange your private inspection or request a digital info pack.
The size of Garbutt is approximately 12.0 square kilometres. It has 6 parks covering nearly 1.3% of total area. The population of Garbutt in 2016 was 2396 people. By 2021 the population was 2309 showing a population decline of 3.6% in the area during that time. The predominant age group in Garbutt is 20-29 years. Households in Garbutt are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Garbutt work in a community and personal service occupation.In 2021, 41.20% of the homes in Garbutt were owner-occupied compared with 37.50% in 2016.
Garbutt has 2,448 properties. Over the last 5 years, Houses in Garbutt have seen a 110.43% increase in median value, while Units have seen a 131.70% increase. As at 31 March 2026:
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