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Demand for Townsville listings on the rise

first_img3d render image of houses with graph growingDEMAND for Townsville listings have increased by 10 per cent according to new figures released by realestate.com.au.Realestate.com.au’s Property Outlook report released this morning reveals that in the last three months property views on Townsville listing have jumped to 578 per listing, an increase of in demand of 10.9 per cent when compared to the same period last year.RELATED: Extremes of Australia’s property market growth and decline revealed More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020Realestate.com.au chief economist Nerida Conisbee said job growth and investor interest could be behind the increased demand for Townsville listings.“It’s often driven in regional area by job growth and when we see job growth we see an increase for rental demand and then buyer demand,” she said.“Potentially there is also some investment demand as well because after the downturn we have seen in regional areas after the end of the mining boom, that is now starting to turn around.“Prices in Townsville have been pretty slack but now that demand is picking up and some suburbs are starting to do really well.”Ms Conisbee said it was expected that demand for Townsville property would continue to increase.last_img read more

Polarcus Wins More Work in Asia Pacific

first_imgSeismic contractor Polarcus said it has secured a contract for a broadband 3D marine seismic project in Asia Pacific.The award follows another contract win it the Asia Pacific region scooped up in April this year, and scheduled for Q2 2017.According to Polarcus, the new project is due to start in third third quarter 2017 and will run for approximately one month.With this award, Polarcus fleet is fully booked through to the end of Q3, the company noted.The Oslo-listed company did not disclose the name of the client nor the financial details surrounding the award.Subsea World News Stafflast_img read more

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