Investors move on Townsville’s growing market

Investors are beginning to move on the Townsville property market, buoyed by record low interest rates, low vacancies and rising rents.

At least 10 blocks of units have sold since January 1, according to realestate.com.au, with some selling for less than a house.

Several other unit blocks are under offer, with those sales prices yet to be revealed.

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Sam Musemeci of…