Why Invest in Townsville?

Capital Growth

Townsville has seen significant infrastructure development such as new roads, hospitals and educational institutions which contribute to an increase in property values over time. This provides investors with the potential to earn substantial profits come time to sell.

Rental Demand

One of the key advantages of investing in Townsville’s housing market is the strong rental demand in the area. With steady population growth and the number of people relocating to the city increasing, there is a consistent need for rental properties. This presents a great opportunity for investors to generate a steady rental income.

Rental Yields

Compares to many other cities in Australia, Townsville offers attractive rental yields compared. This is due to a combination of affordable property prices together with high rental demand. In turn this leads to competitive rental returns for investors and can make investing in Townsville properties financially rewarding.

Affordable Prices

As Townsville has more affordable property prices compared to major capital cities in Australia, the opportunity exists for investors to enter the market at a relatively lower cost while still enjoying potential capital growth over time. There may also be access to government initiatives such as tax incentives and grants that make property investment in Townsville even more enticing.

Strong Economy

Townsville’s diverse economy is supported by significant industries including retail trade, health and education services, government administration and defence, construction, mining, manufacturing, and property and business services. Queensland Rail and the Port of Townsville provide a transport hub for the region’s mining and agricultural industries, as well as for locally-based Xstrata Copper Refinery, Sun Metals Zinc Refinery and the Queensland Sugar Corporation Distribution Centre.

Population Growth