Townsville Property Report
What's in store for Townsville property?
Townsville is currently the 13th most populated area in the nation, with the latest ABS figures showing a population base of 192,058. This region holds approximately 4% of the Queensland population and on average has grown by approximately 3258 people per annum since 2007.
The Townsville property market has experienced historic compounding growth rates of 6.29% for houses and 4.41% for units since 1978. Over the past 10 years the market has run at a growth rate of -0.87% PA for houses and -3.03% PA for units.