16/06/2025
Townsville Property Shortage – 2025 Study Shines New Light
A new report from property industry veteran Michael Matusik highlights the critical property market shortage in Townsville, which continues to drive prices higher for prospective buyers.
The study, which was commissioned in March 2025, highlights the disparity between population growth and new housing developments, particularly apartment buildings and complexes, and what this shortage could mean for buyers as the local population continues to surge ahead of the 2028 Brisbane Olympic Games.
Townsville’s Continued Property Market Growth
For anyone who has kept half an eye on the Townsville property market over the last few years, it should come as little surprise that the supply of new housing is nowhere near meeting or keeping up with demand. With more and more families and lifestyle seekers flocking to Townsville, new developments are nowhere near meeting the demand.
The result?
Property prices in Townsville continue to surge. Median house prices in 2024 alone surged
Read More