Major Projects exploited in North Queensland Hell's Gate Dam and the Australian-Singapore Military Training major projects, nominally valued collectively at $7.55 billion over 25 years, could improve economic opportunities for North Queensland and Townsville. Both major projects are located outside the Townsville local government area. However, the economic impact is not attributable
Tag: property
Townsville property market confidence flooded on national affordability crisis
Townsville property market in national context The Townsville property market has enjoyed better days when building approvals and existing dwelling transactions and median house prices were much higher than they are now. However, North Queensland’s peak marketing and political lobby organsation has said confidence is returning to the Townsville property market because
Townsville residential property market 2018 review
Townsville residential property Townsville's residential property market in December 2018 has not progressed much further than the market conditions at the beginning of the year. The market remains in recovery phase. What has been driving the optimism is mining and government investment in the North Queensland stadium and the Haughton River water pipeline
Townsville commercial property market unimpressive under $12.6 million deal
Townsville commercial property Adani, the Singapore military training initiative, solar energy projects, increased activity in the resources sector, including new mines, have contributed to positive sentiment in the Townsville commercial property market. However, these highly anticipated projects have not resulted in any improvement in transaction volumes or price points in the industrial
Property Council challenges Palaszczuk government plan for economic growth
Townsville real estate industry heads up The Townsville real estate industry knows too well the impact of slow growth as a major regional centre of Queensland over the past 10 years. Now the Property Council of Australia has raised the concerns of poor economic growth in the property industry more broadly in
Property industry in Queensland Labor state of taxation uncertainty
Property industry uncertainty The Property Council of Australia has warned the property industry that the industry faces unwelcome uncertainty in Queensland on the back of the Labor party’s win at the State election. The peak industry body for the property sectors fears two big new taxes on land acquisitions and foreign investment
Police academy site arrest from government inaction in Townsville
Property Council police academy plan Townsville’s police academy site at Belgian Gardens fronting Rowes Bay in Townsville has been earmarked in a review of government-owned land by the Property Council of Queensland as a prime development asset to boost tourism and revitalise the CBD. The proposed 10,500 m2 mixed use residential and
Buying Business – Restraints on Alienation and the Rule Against Perpetuities
Idalia – Top Price Property Of The Week – 8 Waterbury Terrace – $725,000
This week’s winner – 8 Waterbury Terrace Idalia In Idalia, falling in love with the house of your dreams on a waterfront lot with designer opulence fused with beautiful indoor and outdoor characteristic causes the heart to beat above the normal resting rate. This excitement is especially so for the buyers of
