/Alligator Creek lures buyers wanting space

Alligator Creek lures buyers wanting space

ALLIGATOR Creek has remained a firm favourite for people searching for a semi-rural lifestyle with properties selling for well above the Townsville-wide average.

Houses have a median sale price of $520,5000 compared to the Townsville average of $333,000.

The area has recorded solid price growth with the median sale pricing rising by 19.7 per cent in the last 12 months up to last September while prices have risen 16.3 per cent in the past five years.

4 Colwell Crt, Alligator Creek

Explore Property Townsville co-director Giovanni Spinella said the suburb had become popular with buyers wanting more land and seclusion while still being short drive from the CBD.

Mr Spinella is selling 4 Colwell Crt in Alligator Creek . It’s on the market for $549,750.

He said the four-bedroom, two-bathroom house had generated strong interest.

“This is a brand new home and the owners have invested a lot of time and money into it,” he said.

“We’ve been getting a combination of retirees looking at the property who want a peaceful lifestyle and also families looking for a lifestyle change who are wanting to live somewhere with more privacy.

“Distance hasn’t been something people have been talking about because you can get to the CBD in 15 minutes.”

Mr Spinella said the higher sale price was attributed to the owner occupier population with buyers happy to invest more in a house they plan to live in for a long time.

“I think buyers who show interest in living in Alligator Creek are planning on living there for the next 10 or 20 years, so they are happy to invest more in buying a home there,” he said.

“The space also allows people to have bigger floor plans if they are building, a bigger shed and have the freedom to do what they like with their land.

4 Colwell Crt, Alligator Creek

“They have the room to have animals and horses as well as room for the kids to play.”

4 Colwell Crt is on a fully-fenced 4007sq m block and was built by Gedoun in 2016.

The property has solar power and gas hot water while there is a six-bay powered shed.

It will be open for inspection on Sunday from 9.30am-10am.

For more information call Mr Spinella on 0406 664 191.