For al­most six months now, the EHP has ap­peared clue­less in their ef­forts to ei­ther catch or kill the 4m croc

Townsville Bulletin - - NEWS -

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.

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