1091-1093 Riverway Drive, Rasmussen, QLD 4815 | Property Value & History | OnTheHouse
OFF MARKET

1091-1093 Riverway Drive
Rasmussen QLD 4815

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 1862m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 1091-1093 Riverway Dr, Rasmussen

Building Type
Land
Land Size
1862m2
Local Government
Townsville City
Lot/Plan
6/RP721098

Last Listing description (August 2024)

Introducing 1091-1093 Riverway Drive, Rasmussen. This block of land is a high potential real estate opportunity offering a substantial parcel of land. Situated on a 1,862 square meter block, this property boasts an enviable position in close proximity to various amenities and recreational areas.

The block benefits from a convenient location, just a short distance from the popular Willows Shopping Centre, Cannon Park, Riverway Lagoons, Ross River, walking tracks, and The Ring Road. These nearby attractions provide residents with a range of shopping, dining, entertainment, and outdoor recreational options.

One of the key highlights of this block is its significant development potential. With its impressive size and flat topography, the land offers an ideal blank canvas for your next family home or subdivision into a low-density residential site. This presents a unique opportunity for developers or investors looking to capitalize on the increasing demand for housing in the area.

By subdividing the land, there is potential to create multiple residential lots, maximizing the property's value and providing a lucrative investment opportunity. It's important to note that any subdivision or development plans would be subject to council approval.

1091-1093 Riverway Drive, Rasmussen offers a rare chance to acquire a substantial parcel of land in a prime location. With its close proximity to various amenities and attractions, as well as its significant development potential, this property presents an enticing opportunity for investors or developers. However, it's crucial to undertake appropriate research and seek professional advice to navigate the necessary approvals and ensure the feasibility of any proposed development plans.

*Property Description/Write-Up is Copyright of Team Giovanni at Ray White Townsville.
Disclaimer: Ray White Townsville has prepared this information using every endeavour to ensure that the information given is true and accurate but accepts no responsibility or liability in respect of any errors, omissions or inaccuracies that may occur. All prospective purchasers should endeavour to make their own enquiries to verify the accuracy of the information provided.

Property History for 1091-1093 Riverway Dr, Rasmussen, QLD 4815

A timeline of how this property has performed in the market
Last Sold
$279,000
06 Jun 2024
  • 06 Jun 2024
    Sold for $279,000
  • 20 Mar 2024
    Listed for Sale Offers Over $279,000
  • 16 Dec 2008
    Sold for $520,000
Sign in to see more transactions
Commute Calculator

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 2,525 properties. Over the last 5 years, Houses in Rasmussen have seen a 138.85% increase in median value, while Units have seen a 83.09% increase. As at 31 March 2026:

  • The median value for Houses in Rasmussen is $583,991 while the median value for Units is $435,302.
  • Houses have a median rent of $520 while Units have a median rent of $410.
There are currently 18 properties listed for sale, and 5 properties listed for rent in Rasmussen on OnTheHouse. According to Cotality's data, 137 properties were sold in the past 12 months in Rasmussen.

Suburb Insights for Rasmussen 4815

Market Insights
Rasmussen Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Rasmussen Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
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.