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Posted On April 21, 2018

Property guru puts Townsville near top

Townsville Bulletin 21 April, 2018

MAJOR job-generating projects expected to inject billions into North Queensland’s economy have landed Townsville in the top 10 places to invest in the country.

National property analyst and founder of the Hotspotting website, Terry Ryder, listed Townsville in his National Top 10 Best Buys April-August 2018 edition.

Mr Ryder, who has a track record of identifying future price-growth areas, listed Townsville because of the city’s diverse economy, historic property price growth, declining rental vacancy rates and falling unemployment.

In the report he says major projects either proposed, approved or under construction are likely to create massive job growth that will flow on to the property market.

“Townsville ranks among the sturdiest regional economies in Australia,” Mr Ryder says in the report. “We always seek economic diversity in a property investment location and Townsville has more than most regional cities.

“It has strong elements of government administration, education, defence, resources, health, tourism and manufacturing, plus an export port.

“Its property market experienced an unbroken run of double-digit growth years from 2002 to 2007 and, after experiencing some mixed fortunes in the past couple of years, is ready to resume forward progress.”

Vacancy rates are sitting at 4.1 per cent after continuing a downwards trend from a peak in September last year at 7.1 per cent.

At the end of 2017, median house prices were $335,000 after declining 2.9 per cent in 12 months, while the median unit price was $256,000, a decline of 2.8 per cent, according to CoreLogic.

Figures from the first quarter of 2018 are yet to be released but real estate insiders are forecasting a much more positive start to the year compared to 2017. The latest Herron Todd White report Townsville in Focus places Townsville’s residential market at the start of recovery.

Townsville’s employment growth is also above the state average of 3.5 per cent, sitting at 12.6 per cent in the 12 months to February 2018, according to the ABS.

Keyes & Co principal and REIQ regional director Damien Keyes said investor interest was increasing and he had recently sold an inner-city apartment under the hammer to a southern investor.

“The investment side of things has really picked up and we’ve had (the) State Government selling housing commission properties and they are really cheap stock, which is attracting investors on a local level,” he said. “We had a cheaper apartment sell in North Ward and 90 per cent of the inquiry was from investors in New South Wales.

“I think we’ll continue to see a lift in investor interest because Townsville will become more attractive because our median house price is low compared to capital cities.”

Regional economist Colin Dwyer (pictured) said there were positive indicators that Townsville’s economy was starting to turn around.

“We’ve had high unemployment rates and low confidence in 2016 and 2017 and we’ve also had high vacancy rates and low residential building approvals but now some of that data is starting to turn around,” he said. “I think we’ve reached the bottom of the cycle and now we’re starting to improve. As soon as vacancy rates get to lower than 3 per cent there will be more income and then more jobs and you will start to see better investment activity.”

Source: Anderson, C., 2018. Property guru puts Townsville near top, Townsville: Townsville Bulletin.

Stage one of The Orchard is on sale now.


Promotion Terms and Conditions/Privacy Policy

The following “Terms and Conditions” are applicable to the incentive and must be satisfied by the Buyer: 


The Offer is first three (3) buyers who settle* win a selected prize from 3 options as listed.  It is only available to those who settle* on a block of land** at The Orchard within the specified time frame. Timeframe being 22nd April 2019 through to finalised settlement by 30th August 2019, 5pm ESDST. 

The offer is only redeemable when Settlement has been finalised (latest by COB 30th August 2019, 5:00pm ESDST).  Redeemable prizes on offer for the selection of 1 only per winning household are as follows: 

  1. Car (Mazda 2 to the maximum value of $22,290.00 inc GST)
  1. Boat (To the maximum value of $23,750.00 inc GST) 
  1. Camper trailer (To the maximum value of $22,995.00 inc GST) 

Prizes are subject to review and may change without notice.  Winners will be notified by Elementsnq Pty Ltd. 

Offer is only valid on The Orchard Estate properties which have gone Under Contract*** on or after, any block Under Contract/Settled before the specified timeframe are not valid for this promotion. 

The offer is only valid on remaining Lots as listed on The Orchard NQ Stage 1 Estate Pricelist and The Orchard NQ Stage 8A Estate pricelist between 27th April 2019 9:00am ESDST – 30th August 2019, 5:00pm ESDST). 

The offer excludes all other Elementsnq Pty Ltd properties. 

Offer is not valid with any other incentive/promotion on offer with Elementsnq Pty Ltd and is not transferable for cash. 

Settlement must be affected on or before 30th August 2019, 5:00pm ESDST. 

The Buyer acknowledges the Seller and its Agents are not responsible for any exchange or other assignable liability regarding this offer. The offer excludes resale lots, lots not listed for sale on The Orchard NQ Stage 1 and Stage 8 Estate Pricelist. 

Elementsnq Pty Ltd reserves the right to vary the terms and conditions of the offer in its absolute discretion. 

Pricelists are subject to review and may change without notice. 

*Settle/Settlement refers to the time when final payment has been made and you will take legal possession of the property. 

**Land refers to all current available Lots within The Orchard Stage 1 and Stage 8 Pricelist during the Referral Promotional time frame. 

***Under Contract means that a binding agreement exists between a buyer and a seller involving property. The buyer and the seller have agreed on a price and any other relevant terms. When a property is under contract, the seller may not enter into a contract with any other buyer.Page Break 

Free School Fee’s Offer: 


The ‘Free School Fees’ offer is available to the parents and/or carers of students at St Anthony’s Catholic College, Townsville (Padua and Assisi Campuses) who settle* on a block of land** at The Orchard within the specified time frame or refer a friend who successfully settles on a block of land at The Orchard, within the Referral Promotion time frame. 

Elementsnq Pty Ltd must be notified of the referred (potential) buyer’s names for the Referee to be eligible to receive the prize. This can be done via phone or email to: 

Paul Fotinos 


4731 1425 or 


0418 730 403 or 




All notifications must receive a written response confirming details of the referral from Elementsnq Pty Ltd. This response will be within 48 hours of receiving the referral information. 

Potential Buyers must not already be on the Elementsnq Pty Ltd Database to take part in the Referral Promotion. 

Elementsnq Pty Ltd will pay school fees for a total of 4 school terms for up to four children within the same family and attend St Anthony’s Catholic College, Townsville. The prize is redeemable when Settlement has been finalised (by 31 November 2018, 5:00pm ESDST). 

Prize winners will receive school fees that equate to the number of children enrolled at St Anthony’s at the time of the referral and subsequent settlement. e.. Families with less than four children are not eligible to bank terms and will only receive fees to a maximum equating to the number of children at St Anthony’s for one year. (e.g. A family with two children at the school are not applicable to receive eight terms Free School Fees etc) 

The offer is only valid on selected Lots as listed on The Orchard NQ Stage 1 Estate Pricelist between Tuesday 17 April 2018, 9:00am ESDST – 31 November 2018, 5:00pm ESDST). 

The offer excludes all other Elementsnq Pty Ltd properties. 

Offer is not valid with any other incentive/promotion on offer with Elementsnq Pty Ltd and is not transferable for cash. 

Settlement must be affected on or before 31 November 2018, 5:00pm ESDST. 

The Buyer acknowledges the Seller and its Agents are not responsible for any exchange or other assignable liability regarding this offer. The offer excludes resale lots, lots not listed for sale on The Orchard NQ Stage 1 Estate Pricelist. 

Elementsnq Pty Ltd reserves the right to vary the terms and conditions of the offer in its absolute discretion. 

Prices are subject to review and may change without notice. 

*Settle/Settlement refers to the time when final payment has been made and you will take legal possession of the property. 

**Land refers to all current available Lots within The Orchard Stage 1 Pricelist during the Referral Promotional time frame. 

You have come through to this page from a website or app which is published by ELEMENTSNQ PTY LTD Holdings Australia Limited (ABN 26 123 216 137) P.O. BOX 207 BALMAIN NSW 2041 (ELEMENTSNQ PTY LTD) or one of its subsidiaries. 

In this Privacy Policy, ELEMENTSNQ PTY LTD Group, us, we or our means ELEMENTSNQ PTY LTD and its related bodies corporate, partnerships and joint venture entities. ELEMENTSNQ PTY LTD Group is the operator of the network (which includes our website and apps) and the data controller for the personal data collected and processed via the network. 

This Privacy Policy sets out: 

We may, from time to time, review and update this Privacy Policy, including taking account of new or amended laws, new technology and/or changes to our operations. All personal information held by us will be governed by the most recent updated Privacy Policy. Your privacy matters to us, so whether you are new to ELEMENTSNQ PTY LTD Group or are a long-time user, please take the time to get to know our practices. 

What is Personal Information 

When used in this Privacy Policy, the term “personal information” has the meaning given to it in the Privacy Act or any other applicable data protection law. In general terms, it is any information that can be used to personally identify you. This may include (but is not limited to) your name, age, gender, postcode and contact details (including phone numbers and email addresses). If the information we collect personally identifies you, or you are reasonably identifiable from it, the information will be considered personal information. 

What Personal Information Do We Collect and Hold? 

We may collect the following types of personal information; 


In some cases, we may also collect your personal information through the use of cookies and other tracking devices. When you access our website, we may send a “cookie” (which is a small summary file containing a unique ID number) to your computer. This enables us to recognise your computer and greet you each time you visit our website, without bothering you with a request to register or log-in. It also helps us keep track of products or services you view, so that we can send you news about those products or services. We also use cookies to measure traffic patterns, to determine which areas of our websites have been visited, and to measure transaction patterns in the aggregate. We use this to research our users’ habits so that we can improve our online products and services. If you do not wish to receive cookies, you can set your browser so that your computer does not accept them. We may also log IP addresses (the electronic addresses of computers connected to the internet) to analyse trends, administer the website, track user movements, and gather broad demographic information. 

We may also collect anonymous data (which is not personal information) relating to your activity on our websites (including IP addresses) via cookies, or we may collect information from you in response to a survey. We generally use this information to report statistics, analyse trends, administer our services, diagnose problems and target and improve the quality of our products and services. To the extent this information does not constitute personal information because it does not identify you or anyone else, the Australian Privacy Principles do not apply, and we may use this information for any purpose and by any means whatsoever. 

How We Collect Personal Information 

We collect your personal information directly from you unless it is unreasonable or impractical to do so. We do this in ways including: 

We may also collect personal information from third parties including: 

Why Do We Collect, Hold, Use and Disclose Personal Information 

The primary purpose for which we collect information about you is to enable us to perform our business activities and functions and to provide best possible quality of customer experience. We collect, hold, use and disclose your personal information for the following purposes: 

Your personal information will not be shared, sold, rented or disclosed other than as described in this Privacy Policy. 

What Happens if We can’t Collect Your Personal Information? 

The provision of your personal data is neither required by a statutory nor a contractual obligation. The provision of your personal data is, however, necessary to receive our services/products as requested by you. The provision of your personal data is voluntary. If you do not provide us with the personal information described in this Privacy Policy, some or all of the following may happen: 

How Do We Disclose Your Personal Information? 

We may disclose your personal information to: 

Direct Marketing Materials 

We may send you direct marketing communications and information about products and services that we consider may be of interest to you. These communications may be sent in various forms, including mail, SMS or email, in accordance with applicable marketing laws, such as the Spam Act 2003 (Cth). If you indicate a preference for a method of communication, we will endeavour to use that method whenever practical to do so. 

In addition, at any time, you may opt-out of receiving marketing communications from us by contacting us (details below) or by using the opt-out facilities provided (e.g.an unsubscribe link), or by updating your personal details on our “MyAccount” webpage. We will then ensure that your name is removed from our mailing list. We do not provide your personal information to other organisations for the purpose of direct marketing unless expressly authorised by you. 

If you receive communications from us that you believe have been sent to you other than in accordance with this Privacy Policy, or in breach of any law, please contact us using the details provided below. 

Accessing and Correcting Your Personal Information 

You may request access to any personal information we hold about you at any time by contacting us (details below). Where we hold information that you are entitled to access, we will try and provide you with suitable means of accessing it (for example, by mailing or emailing it to you). We will not charge for simply making a request and will not charge for making any corrections to your personal information. If you make an access request, we will ask you to verify your identity. There may be instances where we cannot grant you access to the personal information we hold. For example, we may need to refuse access if granting access would interfere with the privacy of others, or if it would result in a breach of confidentiality. If that happens, we will give you written reasons for any refusal. 

If you believe that personal information, we hold about you is incorrect, incomplete or inaccurate, then you may request us to amend it. We will consider if the information requires amendment. If we do not agree that there are grounds for amendment, then we will add a note to the personal information stating that you disagree with it. 

Members of our websites will generally be able to access and update their membership details online. We request that you keep your information as current as possible so that we may continue to improve our service to you. 

How You can Complain about a Breach of Privacy 

If you believe your privacy has been breached by us, have any questions or concerns about our Privacy Policy please, contact us using the contact information below and provide details of the incident so that we can investigate it. 

We have a formal procedure for investigating and dealing with privacy breaches. Once the Privacy Officer receives a complaint, whether it is in writing or verbal means, the Privacy Officer will commence an investigation with the relevant business unit from which the alleged breach stemmed. The investigator will endeavour to determine the nature of the breach and how it occurred. We may contact you during the process to seek further clarification if necessary. If a breach is found, the Privacy Officer will escalate the matter to management so that the process can be rectified to prevent any further breaches from taking place. We will also contact you to inform you of the outcome of the investigation. We will endeavour to resolve all investigations within a reasonable time. 

We will treat your requests or complaints confidentially. Our representatives will contact you within a reasonable time after receipt of your complaint to discuss your concerns and outline options regarding how they may be resolved. We will aim to ensure that your complaint is resolved in a timely and appropriate manner. 

Please contact our Privacy Officer at: 

Privacy Officer 


P.O. BOX 207 


Disclosure of Personal Information Outside Australia 

We may disclose personal information to our related bodies corporate, partnerships, joint venture entities and external service providers located overseas for some of the purposes listed above. We take reasonable steps to ensure that the overseas recipients of your personal information do not breach the privacy obligations relating to your personal information. 

We may disclose your personal information to entities located outside of Australia, including the following: 


If the European General Data Protection Regulation (GDPR) applies in respect of any of the personal information we collect, for the purposes of such applicable data protection laws, we are the controller. 

In respect of residents of the European Economic Area (EEA), references to personal information in this Privacy Policy means any information that (either in isolation or in combination with other information) enables you to be identified directly or indirectly. 

In some instances, we may combine other information with personal information. If other information is combined with personal information or is used to build a profile of an individual (in a way which could be reasonably used to identify that individual), the combined information will be treated by us as personal information for so long as it remains combined. 

If you are a resident in the EEA, you have the following rights in relation to your personal information (where applicable): 

(a) Access. As provided by applicable data protection law, you have the right to obtain from us confirmation as to whether or not personal data concerning you is being processed, and, where that is the case, to request access to the personal data. This access information includes – inter alia – the purposes of the processing, the categories of personal data concerned, and the recipients or categories of recipient to whom the personal data have been or will be disclosed. However, this is not an absolute right and the interests of other individuals may restrict your right of access. You may have the right to obtain a copy of the personal data undergoing processing free of charge. For further copies requested by you, we may charge a reasonable fee based on administrative costs. 

(b) Rectification. As provided by applicable data protection law, you have the right to have incomplete or inaccurate personal information that we process about you rectified. 

(c) Deletion. As provided by applicable data protection law, you have the right to request that we delete personal information that we process about you, except we are not obliged to do so if we need to retain such data in order to comply with a legal obligation or to establish, exercise or defend legal claims or if other statutory restrictions apply. 

(d) Restriction. Depending on the circumstances and as provided by applicable data protection law, you have the right to restrict our processing of your personal information where you believe such data to be inaccurate; our processing is unlawful; or that we no longer need to process such data for a particular purpose or where other legal grounds to request restriction apply unless we are not able to delete the data due to a legal or other obligation or because you do not wish for us to delete it or because other statutory restrictions apply. 

(e) Portability. Depending on the circumstances and as provided by applicable data protection law, you have the right to obtain personal information we hold about you, in a structured, electronic format, and to transmit such data to you or another data controller, where this is (i) personal information which you have provided to us, and (ii) if we are processing that data on the basis of your consent or to perform a contract with you. 

(f) Objection. Under certain circumstances, you have the right to object, on grounds relating to your particular situation, at any time to the processing of your personal data by us and we are required to no longer process your personal data. Such right to object especially applies if we collect and process your personal data for profiling purposes in order to better understand your interests in our products and services or for certain types of direct marketing. If you have a right to object and if you exercise this right, your personal data will no longer be processed for such purposes by us. You may exercise this right by contacting the Privacy Officer. Such a right to object may, in particular, not exist if the processing of your personal data is necessary to take steps prior to entering into a contract or to perform a contract already concluded. 

(g) Withdrawing Consent. If you have consented to our processing of your personal information, you have the right to withdraw your consent at any time, free of charge. Such a withdrawal will not affect the lawfulness of the processing prior to the consent withdrawal. You can withdraw your consent by sending your request to the Privacy Officer. 

You can make a request to exercise any of these rights in relation to your personal information by sending the request to the Privacy Officer on the contact details provided above. 


You may use the website without providing any personal data about you. In this case, we will collect metadata that results from your usage of the website including: browser type and version, operating system and interface, website from which you are visiting us (referrer URL), webpage(s) you are visiting on our website, date and time of accessing our website, and internet protocol (IP) address. The metadata will be used to improve the quality and services of our website and services by analysing the usage behaviour of our users in anonymised form and to prevent fraud, misuse of our IT systems, as well as to ensure physical, IT and network security. The legal basis for this processing is our legitimate interests, namely the proper administration of our website and business. 

If you have a complaint and you are based in, or the issue you would like to complain about took place in the EEA, please click here for a list of local data protection authorities in EEA countries. 


Your personal data will be retained as long as necessary to provide you with the services and products requested. Once you have deleted your account or otherwise ended your relationship with us, we will remove your personal data from our systems and records and/or take steps to properly anonymise it so that you can no longer be identified from it (unless we need to keep your information to comply with legal or regulatory obligations to which ELEMENTSNQ PTY LTD Group is subject e.g. taxation purposes). 

Personal data will in principle be deleted 10 years after the last interaction and business contact between you and ELEMENTSNQ PTY LTD Group. However, we will retain your contact details and interests in our products or services for a longer period of time if ELEMENTSNQ PTY LTD Group is allowed to send you marketing materials. Also, we typically delete contracts, communications, and business letters, including any personal data contained therein, 10 years after their termination or creation, as such data may be subject to statutory retention requirements, which often require retention of up to 10 years. 

We may also retain your personal data after the termination of the contractual relationship if your personal data are necessary to comply with other applicable laws or if we need your personal data to establish, exercise or defend a legal claim, on a need to know basis only. To the extent possible, we will restrict the processing of your personal data for such limited purposes after the termination of the contractual relationship. 


We will take all reasonable steps to protect the personal information that we hold from misuse, loss or unauthorised access, including by means of firewalls, password access, secure servers and encryption of credit card transactions. 

If you suspect any misuse or loss of, or unauthorised access to, your personal information, please let us know immediately. 

Changes to Our Privacy Policy 

We may change this Privacy Policy from time to time. Any updated versions of this Privacy Policy will be posted on our website. This Privacy Policy was last updated in April 2019. 

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