Castlecrag at 352 Stanley St, North Ward, has sold. Picture: Supplied
Townsville’s iconic Castlecrag has sold for a price believed to be north of $3m, making it the highest local sale in the past 18 months.
The historic residence at 352 Stanley St, North Ward, which once hosted royalty, sold in March and went unconditional this week.
Selling agent Martin McDonough, of McDonough Property, said the buyers were a local couple.
“It was a case of the right time and the right people,” he said.
“They fell in love with the whole package.”
Mr McDonough said the home was originally listed for sale in May 2024 and relisted in February this year.
“The first campaign had more out of town interest, mostly from medical professionals looking to move to Townsville,” he said.
“When we took it back to the market about eight weeks ago the interest levels were three-fold.”
Inside the home at 352 Stanley St, North Ward. Picture: Supplied
Built on Castle Hill in 1935, the Ashgrovian-style Queenslander was once Townsville’s premier residence, playing host to VIPs including the Queen’s cousin Princess Alexandra.
The home was completely renovated and extended in the mid-2010s, going from 141 sqm to 570 sqm.
The project involved lifting the original house, adding two levels of living underneath and retaining the three distinctive gables and bay windows.
The home has four bedrooms, four bathrooms, a glass atrium, an elevator, a private staircase to the Castle Hill Goat Track and panoramic views of Townsville City, The Strand and Magnetic Island.
“There has been a lot of interest in the sale of Castlecrag,” Mr McDonough said.
“Anyone who walks the hill knows it well.
“It’s one of those home the Townsville public has always wanted to get inside of, to see what it looks like.
“It was a pleasure to be able to sell such an iconic property.”
Castlecrag before its modern transformation. Picture: Supplied
The property post-renovation. Picture: Supplied
With the sale price believed to be more than $3m, Castlecrag was Townsville’s most expensive home sale since 8 The Point, Castle Hill, sold for $5.1m in October 2023.
The current Townsville sales record is held by 32 Stirling Drive, Castle Hill, which sold off-market for $6m in October 2020.
In second place is 8 The Point, followed by the $4.5m sales of 48 Victoria St, North Ward, in June 2022, and 6 Palm St, Rowes Bay, in September 2021.
Rounding out the top five was the $3.95m sale of 20-21 Pacific Drive, Horseshoe Bay, in May 2016.
TOWNSVILLE’S TOP SALES
1. $6m – 32 Stirling Drive, Castle Hill
2. $5.1m – 8 The Point, Castle Hill
3. $4.5m – 48 Victoria St, North Ward
4. $4.5m – 6 Palm St, Rowes Bay
5. $3.95m – 20-21 Pacific Drive, Horseshoe Bay
6. $3.85m – 42 Stanton Tce, North Ward
7. $3.2m – 34 Stirling Drive, Castle Hill
8. $3.2m – 33 Yarrawonga Drive, Castle Hill
9. $3m+ – 352 Stanley St, North Ward
10. $2.9m – 7 Cottesmore Cres, Castle Hill
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