Rasmussen is Townsville's most affordable established suburb — sub-$480K houses delivering over 7% yields in a market recording 14.5%+ annual growth represent exceptional North Queensland fundamentals. Its proximity to Thuringowa's growth corridor, consistent defence worker rental demand, and improving community infrastructure create strong investment logic for buyers seeking maximum cash flow in North Queensland. At the current $480k median house price, an 80% loan at 6.25% over 30 years is about $2,364 per month.
| Median house price | $480,000 |
|---|---|
| Median unit price | $330,000 |
| Estimated monthly repayment | $2,364 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 14.5% |
| Gross rental yield | 7.2% |
| Typical days on market | 10 |
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