Revealed: The Townsville homes that sold for millions in 2025’s red-hot market

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This property at 48 Victoria St, North Ward, was Townsville’s biggest home sale of 2025.

A landmark home has topped the list of the most expensive residential properties sold in Townsville in 2025 — fetching a whopping $5.5m.

The sale of the six-bedroom mansion at 48 Victoria St, North Ward, came close to the all-time record price for a home in Townsville, which sits at $6m.

Selling agent Janice Gallagher, of Janice Gallagher Real Estate, said a local family snapped up the property within a week of it hitting the market.

This property at 48 Victoria St, North Ward, sold for $5.5m.

Townsville’s most expensive listings

The North Ward mansion was a standout for the year, with the second highest sale price for a home in Townsville sitting at $3.5m.

That was for a two-storey, four-bedroom house at 1 Cottesmore Cres, Castle Hill, with a putting green, wine cellar and stunning views of the city and the bay.

The third biggest home sale in Townsville this year was for the city’s historic ‘Castlecrag’ mansion, which fetched $3.25m.

TOWNSVILLE’S TOP 10 HOME SALES OF 2025

1. 48 Victoria St, North Ward $5.5m

2 1 Cottesmore Crescent, Castle Hill $3.5m

3. 352 Stanley St, North Ward $3.25m

4. 48 Yarrawonga Dr, Castle Hill $2.85m

5. 1601/122-148 Walker Street, Townsville City $2.8m

6. 1/3 Hanran St, Townsville City $2.75m/16 Wateredge Cove, Douglas $2.75m

7. 1801/151-173 Sturt St, Townsville City $2.65m/1 Edinburgh Court, Castle Hill $2.65m

8. 70/7 Mariners Drive, Townsville City $2.5m/28 Carter St, North Ward $2.5m

9. 1 Seaview Court, Castle Hill $2.325m

10. 18 Toorak Place, Castle Hill $2.3m

The 1935, Ashgrovian-style home at 352 Stanley St, North Ward, once hosted royalty and was sold to a local couple by Martin McDonough, of McDonough Property.

The high prices reflect what has been a huge year for Townsville’s red-hot property market, with the median house price climbing about 16 per cent to $626,000, and rents have increased more than 10 per cent with vacancy rates dipping below 1 per cent, according to PropTrack.

Urbex Realty general manager Craig Covacich said demand was continuing to outstrip supply across Townsville’s property market.

This property at 1 Cottesmore Crescent, Castle Hill, was one of the biggest home sales in Townsville in 2025.

“Townsville has become one of the most closely watched regional markets in the country due to its strong combination of affordability, rapid price growth, low vacancy rates and high rental yields,” Mr Covacich said.

“Relative affordability remains a key drawcard, especially for buyers priced out of major cities.”

But, that affordability card is starting to wane as more luxury homes and projects are built across the city.

This property at 352 Stanley St, North Ward, sold for $3.25m.

MORE: Castle Hill still top spot for top property

House high on the hill hits sales jackpot

Josie Howard of Belle Property – Townsville City Central and Beaches, who is marketing a $3.1m block of land in Townsville City, said the region’s luxury property market was entering an exciting new era.

Ms Howard said the block at 24a Wilmett Street came with architectural plans for an “ultra-premium house” offering panoramic views and low-maintenance living.

“Townsville is ready for homes of this calibre,” Ms Howard said. “Elysian House reflects the shift towards prestige residences designed for those who value both sophistication and convenience.”

North Ward is one of Townsville’s most expensive suburbs. Picture: Supplied

Investor interest also remains high, with the PropTrack data showing rental yields of between 4 and 6 per cent in some suburbs.

Major infrastructure investments in defence, mining, renewable energy, health, and education sectors are increasing long-term confidence in Townsville, while post-pandemic migration continues to bring families and downsizers seeking lifestyle changes to the region.

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