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Townsville is surrounded by two major mineralisation regions in the north west and north east. The North West Minerals Province is a mature mining district with significant deposits. Mineral and mining opportunities continue to expand, with an estimated $3.4 billion of investment in the North West Carpentaria Minerals Province currently underway and will continue until 2017. Three major mineral processing plans operate within the Region – Sun Metals Zinc Refinery, Queensland Nickel Limited and Xstrata Copper. These complement the Region’s strong links to Mount Isa and the mining industry of north west Queensland. Townsville and its surrounds offer a diverse range of affordable housing options to suit varying budgets, needs and desires. From modern, chic city units to the traditional style Queenslanders, there are numerous options available on both the rental and purchase markets. The median house price for Townsville is a very affordable $350,000 compared with Brisbane’s $510,000. As one of Australia’s most livable cities, Townsville offers an exciting and dynamic lifestyle on North Queensland’s tropical east coast.

92 DUO INVESTOR’S GUIDE TO TOWNSVILLE

No other region punches above its weight like North Queensland when it comes to hosting major sporting, cultural and music events and festivals. Townsville is the only regional community in Australia that supports three National sporting teams, the internationally renowned Australian Festival of Chamber Music, a V8 supercars race and a multitude of other major sporting and cultural events. As the gateway to the World Heritage listed Great Barrier Reef, tropical islands, wet tropics rainforests, national parks, wetlands and historical, military and outback experiences, this modern day city retains its local charm indicative of the ‘Real Australia’ the world has come to love. The Region is well positioned for Educational Tourism and has emerged as a destination of excellence in this field with Reef HQ Aquarium, the National Education Centre for Great Barrier Reef Marine Park Authority, the Australian Institute of Marine Science and world leading James Cook University all located in Townsville.

DUO Magazine June 2013  

DUO Magazine is North Queensland’s very own luxury lifestyle publication. Now in its seventh year, the independent glossy has secured a plac...

DUO Magazine June 2013  

DUO Magazine is North Queensland’s very own luxury lifestyle publication. Now in its seventh year, the independent glossy has secured a plac...