Kirwan suburb profile
Kirwan is a bustling suburb located in the city of Townsville, Queensland, known for its family-friendly atmosphere and vibrant community spirit. Situated approximately 12km southwest of Townsville's CBD, Kirwan offers a mix of residential, commercial, and recreational facilities. The suburb is home to popular attractions such as the Riverway complex, which features swimming lagoons, parklands, and cultural events. Kirwan boasts a range of schools, shopping centers like Willows Shopping Centre, and sports facilities, including the 1300SMILES Stadium. Its convenient location and diverse amenities make Kirwan a desirable place for families and individuals seeking a balanced lifestyle.
Kirwan property market performance
Kirwan's property market has experienced significant growth over the past 12 months, with house values increasing by 25.9% and unit values rising by 22.3%. The current median house price stands at $550,000, while the median unit price is $510,000, indicating strong demand across both property types.
Sales activity has been robust, with 165 houses and 11 units sold over the last 12 months. Houses are selling rapidly, with a median of just 8 days on the market, while units are taking slightly longer at 13 days, reflecting a competitive market environment.
The rental market in Kirwan has also seen notable increases, with house rents rising by 9.6% and unit rents by 11.4% over the past year. The average rent for houses is now $515, while units average $390, highlighting strong rental demand in the area.
Median price - houses$565KPast 3 months
Median price - units$333KPast 3 months
Change in value - houses28.6%12 months
Change in value - units24.0%12 months
Houses sold123Past 3 months
Units sold13Past 3 months
Median DOM - houses8Past 12 months
Median DOM - units11Past 12 months
Average rent - houses$520Past 12 months
Average rent - units$400Past 12 months
Change in rent - houses10.6%Past 12 months
Change in rent - units14.3%Past 12 months
Kirwan demographics
Kirwan, located in the northern city of Townsville, Queensland, is a thriving suburb known for its family-friendly environment and community-oriented lifestyle. With a population of 20,780, Kirwan offers a balanced mix of urban convenience and suburban tranquility. The median age of 38 suggests a mature community, with a significant number of families and long-term residents enjoying the area's amenities and lifestyle.
The suburb's housing landscape is diverse, with a substantial portion of properties owned outright (26.9%) and a larger percentage owned with a mortgage (37.6%). This indicates a stable community with many residents investing in their homes. Additionally, 35.5% of properties are rented, providing options for those seeking flexibility, including young professionals and families new to the area.
Family life is a cornerstone of Kirwan, with couple families with children making up 38.6% of the population, closely followed by couple families without children at 38.7%. One-parent families also form a significant part of the community at 21.2%, reflecting the suburb's inclusive nature. The median total household income of $1,673 per week supports a comfortable lifestyle, with residents benefiting from local amenities such as schools, parks, and shopping centers. Kirwan's blend of community spirit, accessibility, and family-friendly features make it a desirable place to call home.
Kirwan infrastructure, key developments and investment opportunities
Kirwan is experiencing several developments that could impact its property market. The suburb is set to benefit from the $195 million Townsville Ring Road Stage 5 project, which will improve connectivity and potentially increase property values along key routes. Additionally, the ongoing expansion of James Cook University's Townsville campus, located nearby, continues to attract students and staff, sustaining demand for rental properties in Kirwan.
The recent upgrade of Thuringowa Central, including the addition of new retail and dining options, has enhanced local amenities and could boost the area's appeal to potential buyers and renters. Kirwan's established schools, including Kirwan State High School and Ryan Catholic College, remain drawcards for families. While no major new infrastructure projects are currently underway within Kirwan itself, these surrounding developments are likely to have a positive influence on the suburb's property market in the coming years.
Kirwan rental market trends
The rental market in Kirwan has experienced notable growth, with house rents increasing 9.6% over the past year to $515 per week, while unit rents have risen 11.4% to $390 per week. This suburb's appeal is bolstered by its family-friendly environment and proximity to essential amenities, making it an attractive option for both renters and investors seeking steady returns.
Suburbs near Kirwan
Some popular suburbs near Kirwan include: