1037 Riverway Drive, Rasmussen, QLD 4815 sold on 27 March 2025 | OnTheHouse
SOLD
Sold on 27 Mar 2025 for $632,000

1037 Riverway Drive
Rasmussen QLD 4815

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 77m2
Land area: 833m2
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Property Details for 1037 Riverway Dr, Rasmussen

1037 Riverway Dr, Rasmussen is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 833m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 2 bedroom Unit sold in Rasmussen in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
77m2
Land Size
833m2
Local Government
Townsville City
Lot/Plan
8/RP728529

Last Listing description (June 2025)

Here's your chance to enter the Townsville market with a property offering a fantastic income if that's what you would like or live in one side and rent the other. This versatile opportunity is ideal for investors or owners alike looking to get their foot in the door with one side fully renovated and other side needing a little updating or continue on as is. Each side is very neatly presented.

The Property

- Recently painted inside and out
- Vacant on both sides
- Strong and consistent income generating asset
- Each side consists of two-bed, one-bath
- Carport on each side
- Large 833m2 allotment

Unit one rental appraisal $350.00-$375.00 per week
Unit two rental appraisal $400.00-$425.00 per week

Property History for 1037 Riverway Dr, Rasmussen, QLD 4815

A timeline of how this property has performed in the market
Last Sold
$632,000
27 Mar 2025
Listed for Rent
$180/w
12 Feb 2018
  • 27 Mar 2025
    Sold for $632,000
  • 24 Feb 2025
    Listed for Sale Sold
  • 23 Oct 2017
    Listed for Rent - Price not available
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About Rasmussen 4815

The size of Rasmussen is approximately 5.5 square kilometres. It has 9 parks covering nearly 8.9% of total area. The population of Rasmussen in 2016 was 4456 people. By 2021 the population was 4669 showing a population growth of 4.8% in the area during that time. The predominant age group in Rasmussen is 20-29 years. Households in Rasmussen are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Rasmussen work in a community and personal service occupation.In 2021, 54.60% of the homes in Rasmussen were owner-occupied compared with 51.60% in 2016.

Rasmussen has 2,391 properties. Over the last 5 years, Houses in Rasmussen have seen a 144.67% increase in median value, while Units have seen a 93.60% increase. As at 30 November 2025:

  • The median value for Houses in Rasmussen is $549,250 while the median value for Units is $409,909.
  • Houses have a median rent of $490 while Units have a median rent of $360.
There are currently 11 properties listed for sale, and 6 properties listed for rent in Rasmussen on OnTheHouse. According to Cotality's data, 170 properties were sold in the past 12 months in Rasmussen.

Suburb Insights for Rasmussen 4815

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LJ Hooker Townsville
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.