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Montana Investment

Townsville Named No. 1 Regional Hotspot in Australia*

Whether you’re looking to call Montana home or keen to invest in Australia’s number 1 regional hotspot*, you’ve come to the right place. The average price of land in Townsville has increased 19.4% pa over the last five years with land prices expected to continue to grow solidly**. Continuing economic and population growth, income growth, employment opportunities and tight rental vacancy rates are expected to drive the residential property market+.

Townsville is the largest tropical city in Northern Australia. The region continues to grow as an attractive option for people looking to migrate or invest. With a strong economy, the addition of world-class infrastructure developments and recent lifestyle enhancements, have all been big contributors to this phenomenon.

Townsville has direct access to the Great Barrier Reef and Magnetic Island and direct flights to Sydney, Melbourne and Perth. Townsville is recognised as Northern Australia’s administrative hub to defence, sugar, livestock, mining and tourism.

*    Colliers International, September 2007
**    Herron Todd White, Comparative Market Research on Cairns, Townsville and Mackay, November 2007.
+    Colliers International, Townsville Residential Research Report, Quarter 3, 2007.