Townsville slowing or going ?

Discussion in 'Where to Buy' started by Agent99, 28th Nov, 2016.

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  1. Agent99

    Agent99 Well-Known Member

    Joined:
    20th Jun, 2015
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    Location:
    Adelaide
    Hi anyone know what Townsville is like at moment ? Prices up, down, sideways ?
    Differences in prices on houses and units, average rent ?
    Thanks
     
    Agent99, 28th Nov, 2016
    #1
  2. hammer

    hammer Well-Known Member

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    Location:
    Darwin
    Not sure what it is doing right now but things were not looking good there 6 months ago. Super-high unemployment and a property crash.

    It is very cheap though.
     
    hammer, 28th Nov, 2016
    #2
  3. strongy1986

    strongy1986 Well-Known Member

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    Location:
    VIC
    There wasnt a crash, priperty is still well below 2008 prices
    Things did slow though because of nickel refinery / sentiment

    Best bang for buck in aus i reckon (over 100k population )
    Blocks are huge, houses are large and most are character, lifestyle is good too
    Negatives are ibviously unemployment and vacancy (mainly all units/ apartments) but the area / city is extremely diverse so i think now will prove a good time to buy
     
    strongy1986, 28th Nov, 2016
    #3
  4. Agent99

    Agent99 Well-Known Member

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    Location:
    Adelaide
    Thanks for the input people. :)
     
    Agent99, 1st Dec, 2016
    #4