Where to Live?
Housing within Central Townsville itself is continuing to expand rapidly, with many house, unit and high-rise options. Buzzing with cafes, fine dining, bars, and boutique shopping Townsville City Centre is a great place to live. Townsville City, North Ward and Castle Hill are all suburbs within the Inner-City Area.
Townsville is a coastal city with a huge variety of beaches and coastal real estate to enjoy. If you would like to live near the beach The Strand, North Ward and Pallaranda are all suburbs at the beach while also being inner city suburbs. Bushland Beach, Saunders Beach, Toolakea Beach, Toomulla Beach, Balgal Beach are all Beach suburbs around 25 minutes’ drive from the City Centre.
There is fantastic diversity between suburbs in Townsville, again making the choice a little more difficult to make! Mundingburra, West End, South Townsville, Annandale and Belgian Gardens are some to look at if you are looking for big yards with wide streets. All of these are less than 15 minutes’ drive to the inner city.
Just 8 Km’s away or a 20-minute full-service ferry ride from the centre of Townsville Magnetic Island is another great option. The Island is already home to 2100 residents with Real Estate options including Units, Houses and Acreage.
On the outskirts on Townsville, you have some great options for the rural lifestyle. Oak Valley, Alice River, Alligator Creek and Blue Water are a must see. These areas are scattered with farming communities and offer the largest land sizes in the Townsville region.
What attracts people to Townsville?
Townsville offers a plethora of opportunities to involve oneself in an outdoors adventure. This area of the world truly is nature’s playground.
The Billabong Sanctuary is an 11-hectare wildlife sanctuary in Nome, 17 kilometres south of Townsville, North Queensland, Australia. Called Australia’s best wildlife sanctuary by many visitors, this is an incredible resource for families and those looking to appreciate natural wonders. It is somewhat expensive to attend ($70 for adults and $50 for children) but an experience young family members won’t soon forget.
The Reef Headquarters Aquarium is the largest living coral reef aquarium and it’s found right in Townsville. The aquarium was built as a Bicentennial Commemorative project and is a part of the Great Barrier Reef Marine Park Authority. The aquarium features over 100 types of coral, fish, sea urchins and other marine life.
The Strand, in Townsville’s centre, offers a beautiful opportunity for visitors to stroll and reflect upon the true beauty of the region. In the suburb of North Ward, there are views towards the Port of Townsville, Magnetic Island and Cape Cleveland. There is a jetty, a recreational park for children, restaurants, cafes and a pool for swimming. There is also plenty of room to spread out a picnic blanket and relax.
There’s so much to love about living and playing in Townsville. The natural beauty, the man-made attractions, the people and the culture. There’s something about Townsville that just sings – it really makes the spirit soar. The community events that are held here are truly one of a kind and this is the kind of place where you really want to put down roots.
Buying property in Townsville
What would you expect to pay for the cost of a house?
When buying, you’re likely going to pay $375,000, and for renting, it’s around $420 per week, but it all depends on which area you go for. Compared to other areas in Queensland, Townsville falls at the lower end when it comes to property prices.
When it comes to living costs, it’s very much down to your lifestyle and how much time you would likely spend enjoying the touristy areas. The average inexpensive meal at a restaurant would cost you around $25, and monthly transportation costs would be around $100+, depending on where you are traveling to and from.
Your basic utilities might be anything from $95-$450, and salaries on average after tax are $3,225. There is likely to be a lot of jobs available within this area that are involved in the industrial trade, and therefore, there might be more jobs that bring a lot more money to the table. It’s something worth factoring in when it comes to the income you could achieve in comparison to the typical costs of living in Townsville.
The median house price in Townsville is $335,000 and the average property takes roughly 63 days to sell. The rental market continues to stabilise and vacancy is down to 3.8 per cent. This is surely a town on the up which is reflected in this data. Townsville has experienced a jump in about 11% in demand for properties.
Investors are flocking towards this market with many electing to sell up and rent while they figure out the next step in their journey. Landlords are selling up which is pumping up the market but there is still some certainty for lots of long-term tenants (there’s a low vacancy rate so if you’re renting, you’re going to be up against a lot of competition). This market tendency puts a lot of FIFO or transient families in a sticky situation as well so we are seeing many of them buy up instead of rent out.
Interstate buyers are coming to call as they compare their inflated house prices in the big smoke with far lesser ones (for far more value and bang for the buck) in Townsville. It’s a simplification of a lifestyle (as mentioned above) and there’s no sacrifice on standard of living when it comes to buying up out here.