That is one of the recent messages of property consultant Kerrie Young who has painted a particularly bright outlook for the future of Townsville's property market.
She said Townsville was by far in the best economic shape of any regional city or town in Queensland although its property sales had dropped more sharply than Mackay, Gladstone or the Gold Coast in 2009 when the conditions from the global financial crisis took hold.
Ms Young said population growth was continuing around 5000 people a year at Townsville and with the drop off in development there was a lot of pent-up demand for housing."When it does move, because there is pent up demand, it's going to go off correspondingly quickly," she said.
"You are definitely in a good position to come out of this downturn. People out there waiting for it to get worse or get to the bottom, it's (already) the bottom of the market. If you are hesitating, don't, get in now."Ms Young said there was plenty of housing stock available at present but not an over-supply.
This is great news from Ms Young and fantastic news for Townsville City Real Estate and their property sales, with recent real estate sales in the Queensland property for sales Townsville City Real Estateis experiencing an increase in buyers moving back into the market. The average price range that is seeing the most interest in property sales in Townsville is from the $300, 000 to the $450,000 price point.
This price is reflectsreal estate sales in the following suburbs of Townsville - Kirwan, Mount Louisa (Liberty Rise), Mt Low, Burdell (Kingston Park and North Shore), Bushland Beach, North Ward, West End, Kelso and Hermit Park.
This matches Townsville City Real Estate’s property listings extensive range of established and new properties for sale, whether its as an investment purchase into the Australia Government backed National Rental Affordability Scheme (NRAS) with 10 years rental guarantee ($95,524) or our Off the Plan Kensington one and two bedroom apartments returning between 7% net return for 7 years or our if your looking to own a brand new home that attracts $10,000 State Govt Grant we have the lot. Go to www.tsvcityrealestate.com.au for more information or we can help.
For all property sales Townsville City Real Estate is your first choice when it comes to real estate sales. www.tsvcityrealestate.com.au