Townsville North Queensland is a unique proposition for investment and prosperity.
Townsville is the 13th largest city in Australia, and by far the largest population base in Northern Australia. The region has one of the most diverse economies in regional Australia, is widely recognised as the commercial hub of Northern Australia and maintains an enviable lifestyle for residents and a stunning natural environment.
With a robust commercial base and an ambition for greater population, prosperity and progress Townsville North Queensland provides a wealth of opportunities to live, work, invest and develop.
This is proven by a number of significant and exciting investment decisions which have been recently announced:
- The acquisition of Domain Shopping Centre by the Queensland Investment Corporation for over $130 million;
- The investment of $214 million by the Sichuan Railway Investment Group into the Altona copper and gold mine,
- Little Eva at Cloncurry; and
- The decision by MMG to proceed with the $1.86 billion development of the Dugald River zinc project, also in the North West Mineral Province.
The region is proud of its economic heritage founded on a strong base of agriculture and resources, Australia’s largest military base, a port boasting a broad based trade profile and a world class university. To this foundation, Townsville continues to add growing strengths in industries including tourism, research, services and the recent addition of a second university.
It is no surprise strong population growth continues as does the region’s focus on sustainable development and liveability.