Author Archive

Townsville Real Estate Update – Houses and units for rent week beginning August 09 2021

The number of properties for rent in  Townsville as advertised on realestate.com.au this week continues to remain tight.

There 343 properties for rent.

This includes 184 homes for rent in the Townsville greater region.

There are 184 units townhouses and villas for rent.

Rental demand remains very strong and vacancy rates low.

Graham Lynham

 

Townsville Real Estate Update – Houses and units for sale week beginning August 09 2021

The number of properties for sale in  Townsville as advertised on realestate.com.au this week continues to remain tight.

There 2155 properties for sale.

This includes 1281 homes for sale in the Townsville greater region.

There are 382 units townhouses villas or blocks of units for sale.

These levels remain at decade lows.

Graham Lynham

 

 

 

 

 

 

 

 

Townsville Rental Property Suburb Spotlight – Annandale

Townsville Real Estate seen rentals and house prices explode during the 2001 – 2009 period as the mining boom (Or more so the expansion within the mines in Queensland) brought wealth and prosperity to the Town.

Sadly the Global Financial Crisis saw a global reset and Regional Queensland bore the brunt of declining house prices and rents – in effect rents had crashed.

Fast forward to 2019 – and following the flood … Read more »

Townsville Real Estate Market Recovering

Townsville house prices are recovering after a decade of declines. CoreLogic reports that the market in all suburbs for the 12 months to June 21 are showing upwards trend, and whilst the growth is behind the major centres it shows that still have some upside moving forward as our the number of houses for sales is around 20% less than in early 2020.  We believe Corelogic data below probably lags … Read more »

January 1 2022 Deadline for new smoke alarm compliance edges closer

The facts for our Townsville rental property owners :

Deadline: 1st January 2022

The Rental Tenancies Authority (RTA) website summarises the requirements as follows :

Smoke alarms in all leased dwellings must:

be photoelectric (AS 3786-2014); and
not also contain an ionisation sensor; and
be less than 10 years old; and
operate when tested; and
be interconnected with every other smoke alarm in the dwelling so all activate together; … Read more »