8 Corella Cres, Mount Louisa is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1977. The property has a land size of 595m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Calling all investors seeking a strong yield in a location ear marked for excellent growth.
Leased at $465 per week through to January 2023 this classic highest home ticks all the boxes for the discerning investor.
This rent returns is projected to increase to $475 and up to $500 a week based on the most recent independent appraisal.
Setback high on a large corner block this home offers quiet convenience yet so close to all amenities in a non flood affected area.
Bookended by front and rear decks that overlook the expansive patio that leads you to the stunning in ground fibreglass pool.
Fringed by established low maintenance gardens this a beautiful oasis for families to enjoy classic summer days.
Offering substantial living space thanks to the enclosed downstairs area the homes offers ample accomodation for families.
\\Need To Knows:
Upstairs-
* 3 Spacious Bedrooms
* Polished Timber Floors
* Air-conditioning
* U Shaped Kitchen w/ Dishwasher and Large Pantry
* Updated Family Bathroom feat. Shower Over Tub
* Front & Rear Undercover Decks
Downstairs-
* Open Plan Living Space
* Second Bathroom
* Rumpus/Den W/ Private Access
* Home Office
* Hybrid Flooring Throughout
* Undercover Laundry & Workshop
* Single Secure Car Accommodation + Off Street Parking
* Beautiful Large in ground Pool Fringed By Established Tropical Gardens
\\The Locale
Mount Louisa in Townsville offers a wonderful combination of scenic views from its many walking tracks. tranquility, and convenience. It provides residents with easy access to modern amenities, including Domain Central which is just minutes away, while also being surrounded by beautiful parks and nature reserves, making it a great place to call home.
\\The Opportunity
With projected returns of up to $500 per week this is a very tidy investment in a suburb earmarked for high growth. Get in quick - this will not last.
Council Rates Inc Water Allowance: $2,001.44 per half year.
Current owners insurance: $313.08 per month.
The size of Mount Louisa is approximately 10.2 square kilometres. It has 10 parks covering nearly 4.3% of total area. The population of Mount Louisa in 2016 was 8825 people. By 2021 the population was 9227 showing a population growth of 4.6% in the area during that time. The predominant age group in Mount Louisa is 30-39 years. Households in Mount Louisa are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Louisa work in a professional occupation.In 2021, 64.80% of the homes in Mount Louisa were owner-occupied compared with 62.00% in 2016.
Mount Louisa has 3,981 properties. Over the last 5 years, Houses in Mount Louisa have seen a 82.73% increase in median value, while Units have seen a 173.56% increase. As at 31 December 2025:
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