townsville property market?

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karen.
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@karen.
Join Date: 2009
Post Count: 196
April 4, 2011 - 2:36 am
Hi – Im looking at a property in Townsville but I dont live there. Anyone care to please shed some light on what its like there at the moment? Im looking at purchasing a renovator in Kelso. Something to hold for only a year and then sell. Thanks
N@than
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@n-than
Join Date: 2010
Post Count: 241
April 4, 2011 - 2:58 am
Hi Karen,
I've just started looking into the Townsville market however I dont live there myself either. I have taken an interest in the Northern Beaches area. From what I have heard from relatives in the Townsville area property prices have been pretty flat if not slightly negative for a little while now. However I think things should pick up in the near future.
If you can get a copy of last months (March) API magazine there is a good few pages on Townsville and all sounds positive.
Also the link below has a bit of info on pages 22-23. Just stuff that didn't make it into the magazine but still a good read.
http://www.apimagazine.com.au/digital/725-990
Am looking forward to hear from people actually in the market there.
Cheers,
Nathan
karen.
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@karen.
Join Date: 2009
Post Count: 196
April 4, 2011 - 3:09 am
fabulous!! i have that mg but havent read it yet. still in its plastic what good timing! thanks for that
N@than
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@n-than
Join Date: 2010
Post Count: 241
April 4, 2011 - 3:38 am
No worries.
Here is another link I just recieved in an email from Herron Todd White.
Pg. 28 has a little bit of information regarding Townsville.
http://www.htw.com.au/Month_in_Review/Month-In-Review-April-2011.pdf