997 Riverway Drive, Rasmussen, QLD 4815 | Property Value & History | OnTheHouse
OFF MARKET

997 Riverway Drive
Rasmussen QLD 4815

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 809m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 15 Jun 2026
Low

High
Save

Property Details for 997 Riverway Dr, Rasmussen

997 Riverway Dr, Rasmussen is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in March 1993.

Building Type
House
Land Size
809m2
Local Government
Townsville City
Lot/Plan
13/RP718996

Last Listing description (June 2026)

Positioned on Riverway Drive in Rasmussen, this well-presented duplex offers a solid opportunity for both investors and owner-occupiers seeking low-maintenance living with added privacy and convenience.Each unit has been thoughtfully updated, featuring recently renovated kitchens and bathrooms, along with fresh interior and exterior paint that gives the property a clean, modern feel. Unlike many duplexes, this property stands out with extensive new fencing, including a 1.8m timber fence that separates the two residences at both the front and rear, providing a level of privacy rarely found in similar setups. Each unit also includes a large garden shed in the backyard, set on a solid concrete base, offering excellent storage and long-term durability.Located directly across from the river, the property enjoys a pleasant outlook and open feel, while still being just a short drive to key amenities. Lavarack Barracks, Townsville Hospital, James Cook University and Willows Shopping Centre are all within easy reach, along with quick access to the highway for straightforward commuting.INVESTORSCurrently returning $450 per week per unit, with a combined rental income of $900 per week, this is an excellent opportunity to secure a high-performing asset with strong, consistent returns.A neat, updated duplex in a convenient location with added privacy and solid income potential.

Property History for 997 Riverway Dr, Rasmussen, QLD 4815

A timeline of how this property has performed in the market
Last Sold
$95,000
17 Mar 1993
Listed for Rent
$220/w
31 Jan 2015
  • 27 May 2026
    Listed for Sale Offers Over $725,000
  • 22 Nov 2014
    Listed for Rent - Price not available
  • 28 May 2014
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

About Rasmussen 4815

The size of Rasmussen is approximately 5.5 square kilometres. There are 9 parks, covering nearly 8.9% of the 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 2,542 properties. Over the last 5 years, Houses in Rasmussen have seen a 142.99% increase in median value, while Units have seen a 57.14% increase. As at 31 May 2026:

  • The median value for Houses in Rasmussen is $604,761 while the median value for Units is $406,957.
  • Houses have a median rent of $530 while Units have a median rent of $428.
There are currently 9 properties listed for sale, and 6 properties listed for rent in Rasmussen on OnTheHouse. According to Cotality's data, 127 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.