Fabulous Townsville, the hidden treasure
of North Queensland and also known as the capital of North Queensland has so
much going for it and thus the reason why in excess of 185,000 people call
it home. Townsville has grown from strength to strength over the years and
now boasts one of the biggest army bases in Australia. Located down the road
from the Lavarack Barracks is the James Cook University known for marine
biology, medicine and many other disciplines and ranked in the top 4% world
wide of tertiary institutions.
Townsville is the fastest growing major city in North Queensland with around
50 people per week on average arriving in Townsville and this is only going
to continue. There are 75 projects on the drawing board for the region, at
an estimated cost of $4.5 billion, according to Colliers International.
Strong growth paired with our diverse and therefore stable economy and the
abundance of land available close to the city and major infrastructure,
brings incredible opportunities for investors.
The north Queensland capital has arguably the strongest regional economy in
Australia, with tourism, defence, the public service and a
range of industries, including mining, behind it. The city is the
stepping-off point to the Barrier Reef and many of the islands. It has a
market brought about by tourism and seasonal and mining workers and is a
proven growth market that Ryder says is ready to go through another boom.