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The market for property developments in Townsville is characterised by strong fundamentals and a market primed for growth.
With the city's diverse economy, population growth and demographic profile, and university and port infrastructure, demand is set to grow for property development in Townsville.
DevelopmentReady is a user-friendly platform and ecosystem that meets the needs of both property developers and real estate agents. Browse our listings for development property for sale in Townsville, including in some of the most premier, sought-after and exclusive locations.
As a gateway to the North of Queensland, the city offers a climate and a quality of life that is difficult to match anywhere else in Australia – a fact that draws interstate movers from all across the country.
On top of its lifestyle appeal, development property for sale in Townsville is an attractive option because of the strength of its foundations for economic growth. The diverse economy is spread out across the agriculture, mining, tourism, education, health and military industries.
Townsville is well-placed to capitalise on the commodity trade that underpins China's growth, with a Memorandum of Understanding signed with the Port of Qinzhou.
Both the population growth rate and the median household income are higher than the national averages. This is combined with excellent infrastructure, such as James Cook University, Townsville University Hospital, Townsville airport, Port of Townsville, stadiums and the waterfront.
As real estate prices across Queensland continue to rise and rise, Townsville remains one of the more affordable locations to buy in.
With median property prices in the city being just over half the average of Australia's capital cities, it provides an affordable option for many prospective home-buyers, with plenty of room to grow.
Some of the key suburbs that stand out for property development in Townsville include the strategically located central suburbs of Belgian Gardens, Garbutt and Hermit Park, and suburbs further out such as Mount Louisa, Kirwan, Rasmussen and Bushland Beach.
As well as property development in Townsville, Development Ready offers access to development land for sale, all across Australia.
To discover and undergo due diligence on some of the best investment opportunities in the country, see: