81 Lockheed Street, Garbutt, QLD 4814 | Property Value & History | OnTheHouse
 
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81 Lockheed Street
Garbutt QLD 4814

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 102m2
Land area: 852m2
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Last updated 16 Feb 2026
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Property Details for 81 Lockheed St, Garbutt

81 Lockheed St, Garbutt is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 852m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1980
Floor Size
102m2
Land Size
852m2
Local Government
Townsville City
Lot/Plan
42/T118512

Last Listing description (October 2024)

Calling all investors! This cosy duplex is perfect for both seasoned investors and newcomers, having a distinct advantage of no body corporate fees, allowing you to maximise your rental returns without extra costs.

Located in Garbutt, just 10 minutes from Domain Central for all your shopping needs, as well as the Townsville CBD and the iconic "The Strand" , it combines convenience with a desirable lifestyle. Easy access to major arterial roads, and close to the air port as well, this spot has a lot of future potential.

Unit 1 features:

- Larger of the two units
- Enclosed front yard
- Single Carport
- Generous living room
- 2 spacious bedrooms, both air conditioned with BIW.
- Kitchen fitted with ample bench & cupboard space, and electric stove & oven.
- Bonus large rumpus room located at the back of the unit.
- Internal laundry
- Outside undercover patio
- Large yard, equipped with a shed which is shared between the two units.
- Currently rented for $280.00 p/w, on a periodic lease, Current rent Appraisal of $340-$360 per week
- Last rent increase occurred 13/02/2024

Unit 2 features:
- Smaller of the two units
- Enclosed front yard
- Single Carport
- 2 spacious bedrooms, both air conditioned and 1 with a BIW
- Freshly renovated modern bathroom
- Kitchen fitted with ample bench & cupboard space, and electric stove & oven.
- External laundry, behind a lockable gate
- Large yard, equipped with a shed which is shared between the two units.
- Currently rented for $280.00 p/w, lease until May 2025
- Last rent increase occurred 23/05/2024

The current rent return is $560.00 per week, however with the option to increase the rent to current market value. (12 months after the last rent increase date) you could receive a return between $680 - $700 per week.

No body corporate fees!
Rates approx. $7000 per annum

As this property is currently tenanted, please contact Karlee Burbidge and Santo Spinella to arrange a viewing of this property as soon as possible. Great investments like these do not last long so be quick to check it out!!

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Property History for 81 Lockheed St, Garbutt, QLD 4814

A timeline of how this property has performed in the market
Last Sold
$500,000
22 Aug 2024
Listed for Rent
$265/w
13 May 2011
  • 22 Aug 2024
    Sold for $500,000
  • 20 Aug 2024
    Listed for Sale Offers Over $499,000
  • 15 Apr 2019
    Listed for Rent $250 / week
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About Garbutt 4814

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 2,443 properties. Over the last 5 years, Houses in Garbutt have seen a 100.46% increase in median value, while Units have seen a 125.44% increase. As at 31 January 2026:

  • The median value for Houses in Garbutt is $618,567 while the median value for Units is $393,921.
  • Houses have a median rent of $510 while Units have a median rent of $400.
There are currently 7 properties listed for sale, and 28 properties listed for rent in Garbutt on OnTheHouse. According to Cotality's data, 127 properties were sold in the past 12 months in Garbutt.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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