@@Lejla65 here’s some research from 2022 we released that explains impact of weather events there. Hope you enjoy the read. www.investorkit.com.au/blog/real-estate-investment-in-far-north-queensland-its-past-present-and-future/
townsville is the flagship regional city of queensland. compare that with the flagship regional cities of new south wales (newcastle) and victoria (geelong), it's way undervalued.
Except the house values will collapse after these floods and most homes will be uninsurable after this weather event . That's why it's always risky playing with flood prone areas in QLD and NSW . Stick to a metro city and you won't go wrong in the long term. All the buyers agents have been promoting Townsville for 2 years now and it was always going to be a matter of time before a flood event happenned .Just not worth it !
@@PradyVKit won't crash mate. It's business as normal in 80% of Townsville other than the low lying areas. Media love being dramatic. This has been happening forever and Townsville will be fine. I do agree that developers need to stop building in flood prone areas. People have short memories. Give it a few weeks and it will be fine.
@@PradyVKjobs and economy should collapse first before the housing crashes. fortunately, you are wrong because the jobs are there to stay and the townsville economy will just keep getting better and better. it's only rain.
@JonathanRodriguez-bx3hm Problem is the sluggish capital growth and the risks for the banks and insurance companies moving forward . That is why I keep saying Townsville and McKay are way overvalued , you are lucky if you caught the wave at the right time , these cities are like trading shares not long term investments .Wait and watch what this flood event does to property in north qld , all the short term traders who have been there for 2 or 3 years will take the profits and run for the hills . Supply will start increasing soon .
What’s your opinion now after floods in townsville? Will it affect its growth?
@@Lejla65 here’s some research from 2022 we released that explains impact of weather events there. Hope you enjoy the read. www.investorkit.com.au/blog/real-estate-investment-in-far-north-queensland-its-past-present-and-future/
Playing with fire 🔥
Love it. Great to hear the high potential Townsville is currently experiencing.
Thanks for your comment @younanmoushi7347
Thank you for the insights! Townsville seems to be a star performer in 2025.
Thanks for your comment @RABBITMEMES123 stay tuned for more.
When was this recorded?
townsville is the flagship regional city of queensland. compare that with the flagship regional cities of new south wales (newcastle) and victoria (geelong), it's way undervalued.
Was crazy Townsville is/was cheaper than Darwin. Way more livable.
Except the house values will collapse after these floods and most homes will be uninsurable after this weather event . That's why it's always risky playing with flood prone areas in QLD and NSW . Stick to a metro city and you won't go wrong in the long term. All the buyers agents have been promoting Townsville for 2 years now and it was always going to be a matter of time before a flood event happenned .Just not worth it !
@@PradyVKit won't crash mate. It's business as normal in 80% of Townsville other than the low lying areas. Media love being dramatic. This has been happening forever and Townsville will be fine. I do agree that developers need to stop building in flood prone areas. People have short memories. Give it a few weeks and it will be fine.
@@PradyVKjobs and economy should collapse first before the housing crashes. fortunately, you are wrong because the jobs are there to stay and the townsville economy will just keep getting better and better. it's only rain.
@JonathanRodriguez-bx3hm Problem is the sluggish capital growth and the risks for the banks and insurance companies moving forward . That is why I keep saying Townsville and McKay are way overvalued , you are lucky if you caught the wave at the right time , these cities are like trading shares not long term investments .Wait and watch what this flood event does to property in north qld , all the short term traders who have been there for 2 or 3 years will take the profits and run for the hills . Supply will start increasing soon .
Could you please also do one for Mackay?
Thanks for your comment @enzeru2010 Mackay was discussed in our recent video here: ua-cam.com/video/RaMEizmweis/v-deo.html
Would you pls do a episode for Darwin?
Thanks @CristinaLi-u1r, we will add to list for future videos.