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.
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.
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:
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