Is the Townsville market about to tank?

 

In this episode, Junge delves into the property market of Townsville, which has seen a significant 17% increase in median house prices over the past year, now exceeding $500,000.

 

She explores whether this growth is sustainable and what factors are driving it.

 

The discussion covers key economic indicators such as population growth, internal migration, and a healthy job market, all contributing to the strengthening economy in Townsville.

 

The episode also examines market pressures in both the sales and rental markets, noting low inventory levels and a tight rental market, which have led to increased rental prices.

 

Listeners are provided with three critical metrics to monitor for signs of a potential downturn in the market: vacancy rates, days on the market, and inventory levels. If you're looking to invest in Townsville or just curious about its market trends, click on this episode now!

 

 

🥇🥇 InvestorKit - Back To Back "Buyers Agency Of The Year 2023 & 2024" 
Book your discovery call here: https://www.investorkit.com.au/youtube

 

Connect with InvestorKit:

 

 

Website: https://www.investorkit.com.au/

Send your questions to: arjun@investorkit.com.au

Follow us on Facebook: https://www.facebook.com/InvestorKit/

Follow us on Instagram: https://www.instagram.com/investorkit.com.au/

Subscribe to our YouTube Channel: https://www.youtube.com/@investorkit3615

Connect with us on LinkedIn: https://www.linkedin.com/company/investorkit/

See omnystudio.com/listener for privacy information.

 

 

 

 

Disclaimer: The information provided in this podcast is general in nature and should not be considered as personal financial advice. The podcast host, guests, and contributors are not licensed financial advisors. Please seek professional financial advice that is tailored to your situation and circumstances before making any financial decisions.

Is the Townsville market about to tank?
&nbsp;
In this episode, Junge delves into the property market of Townsville, which has seen a significant 17% increase in median house prices over the past year, now exceeding $500,000.
&nbsp;
She explores whether this growth is sustainable and what factors are driving it.
&nbsp;
The discussion covers key economic indicators such as population growth, internal migration, and a healthy job market, all contributing to the strengthening economy in Townsville.
&nbsp;
The episode also examines market pressures in both the sales and rental markets, noting low inventory levels and a tight rental market, which have led to increased rental prices.
&nbsp;
Listeners are provided with three critical metrics to monitor for signs of a potential downturn in the market: vacancy rates, days on the market, and inventory levels. If you're looking to invest in Townsville or just curious about its market trends, click on this episode now!
&nbsp;
&nbsp;
🥇🥇 InvestorKit - Back To Back "Buyers Agency Of The Year 2023 &amp; 2024"&nbsp; Book your discovery call here: <a href="https://www.investorkit.com.au/youtube">https://www.investorkit.com.au/youtube</a>
&nbsp;
Connect with InvestorKit:
&nbsp;
&nbsp;
Website:&nbsp;<a href="https://www.investorkit.com.au/">https://www.investorkit.com.au/</a>
Send your questions to: arjun@investorkit.com.au
Follow us on Facebook:&nbsp;<a href="https://www.facebook.com/InvestorKit/">https://www.facebook.com/InvestorKit/</a>
Follow us on Instagram:&nbsp;<a href="https://www.instagram.com/investorkit.com.au/">https://www.instagram.com/investorkit.com.au/</a>
Subscribe to our YouTube Channel:&nbsp;<a href="https://www.youtube.com/@investorkit3615">https://www.youtube.com/@investorkit3615</a>
Connect with us on LinkedIn:&nbsp;<a href="https://www.linkedin.com/company/investorkit/">https://www.linkedin.com/company/investorkit/</a>
See&nbsp;<a href="http://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.
&nbsp;
&nbsp;
&nbsp;
&nbsp;
Disclaimer: The information provided in this podcast is general in nature and should not be considered as personal financial advice. The podcast host, guests, and contributors are not licensed financial advisors. Please seek professional financial advice that is tailored to your situation and circumstances before making any financial decisions.

My name is Arjun Paliwal and I’m the founder of InvestorKit. We help people like you find and secure positive cashflow properties with enormous capital growth potential and secure them at the best prices. Plus, as multi-state licensed buyer’s agents we can give you access to properties across Australia, eliminating location bias…and at times ‘off-market’, before the public even knows they’re for sale.

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