For almost six months now, the EHP has appeared clueless in their efforts to either catch or kill the 4m croc
IT has been a long time coming, but finally it appears Townsville’s sluggish property market has turned the corner.
As the Bulletin reports today, a record $ 1.3 million sale in Douglas and $ 1.2 million sale in Bushland Beach suggest the market is again on the move.
It is an opinion backed by valuer Herron Todd White, which has placed the city at seven o’clock on their property clock — the start of an upswing.
Research group BIS Shrapnel is also predicting a 3 per cent lift in prices over the next three years.
While a long way short of the doubledigit growth being experienced in parts of Sydney, it is a definite step in the right direction.
There has been a widening gap in recent years between our housing market and the capital cities.
On the flip side, it means Townsville property will become increasingly attractive in the years ahead, especially to investors from outside the region.
An upswing in the property market is also a welcome sign of growing confidence in the local economy.
Townsville has certainly done it tough in recent times.
But growing property prices and an improved economy go hand- in- hand, which is great news for the city. EHP needs to explain THE Department of Environment and Heritage Protection was quick to discount the latest croc sighting in Ross Creek.
After all, just a day earlier the EHP said the croc haunting Townsville’s waterways had probably moved on or died. The reality is though, they have no idea. It is a familiar scenario. For almost six months now, the EHP has appeared clueless in their efforts to either catch or kill the 4m croc.
Meanwhile, water activities and events off The Strand have been thrown into chaos.
The EHP has some serious explaining to do.