Is Townsville A Good Place To Invest. 20 Best Places to Invest in Real Estate in 2023 Mashvisor "Residentially anywhere around 5.5 and 7.5 per cent is a good gross rental yield, and there are a number of suburbs in Townsville that provide that." Units in the region returned the best rates, with the top four rental yield suburbs reflecting returns on these property types. Explore: Suburbs like Mount Low, Rasmussen and Deeragun have similar growth and rental returns.
Getting To Know Townsville Things To See And Do from www.ytravelblog.com
"Given the ongoing economic growth, infrastructure investment, and increasing demand for housing, Townsville is on track to outperform many other property markets in 2025," said Glen Vacancy rates for Townsville and far north Queensland.
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Scoring Criteria: Quality of Schools: 9/10 Access to Public Transport: 9/10 Proximity to Employment Opportunities: 10/10 Housing Affordability: 7/10 Local Amenities (shops, parks, etc.): 10/10 Crime and Safety: 9/10 Community Spirit and Neighbourhood Vibe: 10/10 Environmental Quality: 10/10 As of January 2025, the vacancy rate sits at an incredibly low 0.1% This presents a great opportunity for investors to generate a steady rental income
Top Things to Do In Townsville Activities & Tours Queensland. This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains . Other local improvements include spending on the Port of Townsville and James Cook University, indicating that job growth and house building will likely be on the rise.
Townsville real estate the best suburbs to invest in Townsville Bulletin. Is Cranbrook Townsville a good place to live? The suburb's capital gain of 14.84% for the past year is higher than average compared to its 16.21% growth within a five-year period Townsville and the rest of North Queensland are currently in the middle of an investment boom, with more than $7bn committed to infrastructure investment over the next few years