All Topics / General Property / Townsville property prices

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  • Profile photo of christopher95000christopher95000
    Participant
    @christopher95000
    Join Date: 2014
    Post Count: 7

    Hi Guys,

    Property prices in Townsville have gone backwards recently due to closure of coal mines.

    I’ve heard on the grapevine that Townsville might possibly be the next big growth area.

    Has anyone else heard this , or a variation of this opinion ?

    If so, has anyone heard a time line ?

    Thanks ,

    Chris .

    Profile photo of Kinnon BellKinnon Bell
    Participant
    @kinnon
    Join Date: 2014
    Post Count: 151

    I don’t know the Townsville market as well as I know the Cairns market but in general I think north queensland is recovering and people are starting to notice. Will be interesting to watch during the next couple of years.

    What I’m really waiting on is to see whether the Aquis development in Cairns will be going ahead or not. And if I were a betting person my money would be on green.

    Kinnon Bell | Kinetic Funding
    http://www.kineticfunding.com.au
    Email Me | Phone Me

    Mortgage & Personal Loan Broker based in Cairns and Melbourne but servicing clients Australia wide.

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