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Stephanie Turnbull. Pending BP8. Bukit Panjang Govt. Lavender EW Price: Any. Bukit View Secondary School. Wulguru houses. Westwood Independant escorts Townsville School. Senja BP Commercial properties for Austfalia in Rangewood, QLD Updated September 02, When Ms White bought her family home more than a decade ago, she thought the resale profit would fund her retirement.

Twelve years later, instead of increasing in value, the home's worth has dropped so dramatically, it has rid,ey Ms White struggling to comprehend the financial loss.

Key points:

House values have plummeted Massage hidden Wodonga Construction had been booming to meet the demands of the region's mines, but when Towsville prices fell, tens of thousands of people lost their jobs.

While some mining towns are rebounding further southTownsville is yet to prosper. Real estate agent Graham Lynham said the market "fell off a cliff" at the end of the region's mining boom.

A snapshot of property sales in Townsville over the ridlsy two months paints a disturbing picture of the significant price drops. The state's peak property lobby group, the Real Estate Institute of Queensland REIQhas been urging the Queensland Government to boost the market by extending the first-home owners' grant gouse second-hand homes. REIQ Townsville representative Wayne Nicholson has worked in the city's housing market for 49 years and stressed buyers needed stimulation to help the city recover.

A spokesperson for Treasurer Jackie Trad would not comment on whether the Government par support changing the grant. Topics: housing-industrybusiness-economics-and-financeindustryactivism-and-lobbyingregulationgovernment-and-politicshousingeconomic-trendspublic-sectorconsumer-financetownsvilleqldbrisbane First posted September 02, Contact Allyson Horn. More stories Vip escorts Dubbo Townsville house ridley park Australia.

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Townsville's 'diabolical' property market wipes more than $100k off value of some homes

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Townsville yet to prosper again

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