Luxury Living in Townsville’s Thriving Market
Townsville’s real estate market is on the rise, and at the forefront of this growth is the Marina Residences, an exclusive, five-star boutique apartment development on the Townsville Marina. This top-tier project offers just 18 luxury apartments spread across ten levels, with remaining residences ranging in size from 225m² to 240m² and priced between $2.7 million and $3.5 million. Additionally, the last available sub-penthouse, a sprawling 495m² home, is priced at $7.5 million.
A Booming Market & Unmatched Value
Townsville’s property market is experiencing significant appreciation, with median house values increasing by 28% and apartment values rising by 29% in the past year alone. This surge outperforms major Australian regions, where property values saw an average increase of just 3.5% in 2024. Despite increasing demand, new housing supply remains critically low, with only 11 active new apartment projects in the area, and Marina Residences standing out as the only five-star development.
Compared to similar high-end apartment projects along the Queensland coast, Marina Residences offers exceptional value. While luxury apartments in locations like the Gold Coast can command up to $25,000 per square meter, Marina Residences is priced between $12,000 and $15,500 per square meter, making it 35-40% more affordable than comparable projects.
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As Townsville continues to grow and attract high-end buyers, Marina Residences presents a rare opportunity to own a piece of premium waterfront real estate at a compelling value.
To schedule a personalised virtual presentation, contact Bruce Goddard on 0418 185 209 or marinaresidences@eplace.com.au. Otherwise, CLICK HERE to register your interest in additional information.