Opportunity Townsville North Queensland – Edition 02

Page 1

EDITION 02 | JUNE 2016

Major economic development initiatives

001


Opportunity Townsville North Queensland

This publication has been sponsored by:

Major economic development initiatives This publication has been prepared by Townsville Enterprise – Townsville North Queensland’s registered Economic Development Organisation, Regional Tourism Organisation and Convention Bureau. Townsville Enterprise Limited ABN: 58 053 020 536 Office Enterprise House, 6 The Strand, Townsville Mail PO Box 1043, Townsville QLD 4810 Phone +61 7 4726 2728 Fax +61 7 4726 2700 Email investment@tel.com.au Web w ww.townsvilleenterprise.com.au For more information on how to be involved in any of the initiatives featured in this guide, contact the Townsville Enterprise Economic Development Team. Front cover feature image by Megan MacKinnon Published June 2016

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Colliers International Townsville has been helping shape Townsville’s commercial property landscape for almost 20 years. Our focus is on growing Townsville for tomorrow, through commercial real estate management, sales and leasing, across the office, industrial, retail and rural sectors. The Colliers International brand is a real estate market-leader, ranked the number one industrial team in Australia by RCA 2015 global broker rankings, having sold the largest ever industrial portfolio in the country. With local experts who know Townsville’s market and have access to national resources and an international network, Colliers International has the means and the know-how to accelerate success.


CONTENTS 002 Welcome 004 Townsville Enterprise

077 ECONOMIC SNAPSHOT

006 Townsville Enterprise Members

078 Townsville North Queensland Economy

007 Partners

082 Population

008 Defence Growth

084 Education and Innovation

009 Northern Innovation

085 Property

010 What is Economic Development?

086 Building Activity 087 Business Confidence

015 RECENTLY COMPLETED

088 State of the States 089 Employment

016 Townsville

092 Trade

020 Townsville North Queensland

093 Tourism

021 Surrounding Region

096 Case Study: REMPLAN 098 Export Market Analysis: Singapore

025 UNDER CONSTRUCTION 026 Townsville

103 NORTHERN LIVING

031 Townsville North Queensland

104 Climate

033 Surrounding Region

104 Sporting 105 Arts, Culture and Events

037 INVESTMENT READY

106 Dining, Entertainment and Shopping 107 Transport and Infrastructure

038 Townsville

108 The Great Outdoors

039 Townsville North Queensland

112 Housing

040 Surrounding Region

113 Employment 114 Education, Training and Trades

045 SEEKING FUNDING 046 Priority Infrastructure

116 Schools and Childcare 117 Health and Welfare 118 Regions at a Glance

050 Seeking Funding 053 Integrated Stadium and Entertainment Centre 054 Townsville CBD Revival

059 PROJECT PIPELINE 060 Townsville 068 Townsville North Queensland 071 Surrounding Region

This document is compiled by Townsville Enterprise. Every care is taken to ensure that content is current and factual at the time of release. Townsville Enterprise Limited takes no responsibility for errors, changes or omissions.

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WELCOME

Image by Megan MacKinnon

In times of significant economic challenge, the Townsville North Queensland region is continuing to grow and to attract major development. Ours is a region of great drive, vision and potential. Opportunity Townsville North Queensland tells the story of how this vision is coming to fruition. It shows that Townsville North Queensland is a place that has the fundamentals right: industry diversity, population growth, and high quality infrastructure and services. It shows also that Townsville North Queensland is a place with great advantages: high class research institutions, leading technologies in agriculture and tropical science, and, perhaps most crucially, one of the most enviable lifestyles in Australia. Each year more and more workers and their families are choosing to make the Townsville North Queensland region their home.

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Now more than ever is the time to invest in and become part of our region. We are realising our vision as the most dynamic centre in Northern Australia. It’s my pleasure to recommend Opportunity Townsville North Queensland. I look forward to partnering with you in the continued growth of Townsville North Queensland.

Cr Jenny Hill Mayor of Townsville


Image by Aaron Spence

Welcome to the second edition of Opportunity Townsville North Queensland. Townsville North Queensland is a unique proposition for investment and prosperity; and 2016 is an exciting time in the region’s development. 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. Infrastructure Australia predicts Townsville will continue to experience strong growth in terms of both economy and population, remaining the largest contributor to GDP in Northern Australia, second only to the Pilbara.1 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. There are investment opportunities in sectors as diverse as resources, energy, innovation, construction and agriculture. With a global acknowledgment of the growth of the Asian market and a Federal Government with a strong focus on the development of Northern Australia, Townsville North Queensland’s advantages are readily apparent. The most significant and exciting boost to the region’s economy in recent years is the announcement of the Australia–Singapore Comprehensive Strategic Partnership. Australia and Singapore have a strong and proud history and this deal will see over $1B in infrastructure built in Townsville to enable up to 14,000 Singaporean troops train for up to 18 weeks a year. The agreement is in place for 25 years, with construction to commence in early 2017. Facilities will include mock buildings, a live weapons range, camp accommodation, warehouses, roads and more; creating a wealth of opportunities for local industry. The region boasts a proud economic heritage founded on a base of agriculture and resources, Australia’s largest military base, a port boasting a broad based trade profile and world class education and research facilities. Growing strengths

1

Australian Infrastructure Plan, Infrastructure Australia, February 2016

in tourism, events, services, transport and more add to our confidence in the region’s future prosperity. Townsville North Queensland is not only a great place to do business, it also offers a unique culture – an inspiring sports scene with the North Queensland Toyota Cowboys and Northern Australia’s only female professional sporting team, the Townsville Fire; a tremendous events scene from the Castrol EDGE Townsville 400 to the Australian Festival of Chamber Music to a full Winter Racing Carnival at the Townsville Turf Club; combined with a relaxed and friendly population and successful corporate community. We take full advantage of our amazing weather with an unrivalled tropical outdoor lifestyle. It is no surprise strong population growth continues, as does the region’s focus on sustainable development and liveability. Early 2017 will see construction start on Australia’s largest solar farm, creating an additional 200 jobs and a boom for the Burdekin Shire. This guide to major opportunities outlines the plethora of successful projects recently delivered, those under construction and those in varying stages of development. It will continue to be updated and published annually. If you wish to offer project details for inclusion in the next edition or require assistance to invest in the Townsville North Queensland region, contact our team at investment@tel.com.au. As always, we acknowledge the members and partners that support Townsville Enterprise in our objective to deliver for our growing region. It is only with the support of these members and partners that we can continue to deliver.

Patricia O’Callaghan Chief Executive Officer Townsville Enterprise Limited

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TOWNSVILLE ENTERPRISE Townsville Enterprise is the region’s primary engine for economic development, charged with leveraging the region’s assets and strengths to drive jobs, growth, infrastructure investment and improving quality of life. We are an organisation determined to deliver for the Townsville North Queensland region and its people.

Townsville Enterprise represents the Townsville North Queensland region, which includes the five Local Government Areas of Townsville, Charters Towers, Hinchinbrook, Burdekin and Palm Island and is one of Australia’s true regional powerhouses.

44

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Palm Pal P lm m Island

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Magnetic Island Ma

TOWNSVILLE

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Ayr A6

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In addition to its role as the peak Economic Development Organisation for the region, Townsville Enterprise is also the Regional Tourism Organisation and Convention Bureau for Townsville North Queensland. It is a not-for-profit, apolitical, membership based organisation, advised and influenced by a Board of Directors and Strategic Advisory Committees. The company’s mission is ‘To achieve sustainable economic and lifestyle benefits for Townsville, North Queensland and Australia.’ The valuable contribution of its members makes it possible for Townsville Enterprise to advocate across a broad section of

004

A1

Government and industry sectors to secure funding, project approvals and policy support for essential infrastructure, investment and promotion of Townsville North Queensland. As the local voice of industry and business Townsville Enterprise offers many targeted services, including the Townsville North Queensland Emerging Leaders Program that mentors the region’s best and brightest young business people to achieve their potential. It also host a range of corporate and local networking events bringing national and international speakers to the region.


2016–2017 FEDERAL PRIORITIES

ONE CATALYST

INTEGRATEDSTADIUM STADIUM & ENTERTAINMENT INTEGRATED ENTERTAINMENTCENTRE CENTRE

SEVEN PRIORITIES PALM ISLAND RETAIL AND BUSINESS PRECINCT

POPULATION GROWTH

AUSTRADE INVESTMENT FORUM

DEFENCE LOCAL PROCUREMENT COMMITMENT

URBAN ACTIVATION

REVIEW GOVERNMENT TENDER PROCESS

LOCAL CONTRACTS

MAJOR PROJECTS OFFICE

INVESTMENT ATTRACTION

AMPHIBIOUS CENTRE OF EXCELLENCE

WATER SECURITY

ENERGY & WATER

GAS AND ELECTRICITY REFORM

DEFENCE HUB PORT FOR NAVAL SHIPS

TOURISM & EVENTS

CONNECTIVITY

AVIATION ROUTES

EASTERN ACCESS RAIL CORRIDOR

MARINE RESEARCH & TOURISM PRECINCT

CHANNEL CAPACITY PROJECT

MOTORSPORT PRECINCT

UPGRADE HANN HIGHWAY

005


TOWNSVILLE ENTERPRISE MEMBERS PRINCIPAL PARTNER

MAJOR PARTNER

PLATINUM PARTNERS

GOLD PARTNERS

SILVER PARTNERS

BRONZE PARTNERS A.E. Smith Australian Institute of Marine Science Burdekin Shire Council CQ University Crowe Horwath Department of Defence Dexus Property Group

Honeycombes Property Group Incitec Pivot Limited Lendlease Mike Carney Toyota North Qld Bulk Ports Corporation Northern Management Group Queensland Country

RPS Australia East Pty Ltd SeaLink Queensland Pty Ltd Stockland Development Pty Limited Suncorp Bank TOLL Australia Townsville Catholic Education Office

+ 323 CORPORATE, TOURISM & EVENT, MICROBUSINESS AND RECIPROCAL MEMBERS LIFE MEMBERS John Bearne

006

Greg Peel

Alison Ferry

Graham Jackson OAM

Edward Scott AM

Geoffrey Plante


PARTNERS

Townsville Enterprise works collaboratively with a number of agencies involved to varying degrees in economic development to deliver outcomes for businesses, investors and projects in the region:

Burdekin Shire Council

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DEFENCE GROWTH Over the next decade, the Defence sector will present significant growth and investment opportunities for the Townsville North Queensland region. The Federal Government will invest $195B in the Defence sector, increasing its Defence budget to 2% of GDP by 2020-21. This unprecedented spending increase will have direct benefits in Townsville, Australia’s largest Defence city. The 2016 Defence White Paper announced infrastructure investment of over $1B for Townsville. These projects will create opportunities for Townsville’s construction, manufacturing, transport and professional services firms, together with jobs for local workers and contractors. They include: • $ 50M to upgrade accommodation and facilities at Lavarack Barracks (with additional investment of $550M over the decade starting 2025); • $ 100M to update facilities at RAAF Base Townsville (with additional investment of $500M over the decade starting 2025); and • $ 20M to redevelop the Townsville Field Training Area (with additional investment of $110M over ten years from 2025).

An additional $1B of infrastructure spending will commence in 2017 as part of the AustraliaSingapore Strategic Partnership. The Singapore Government has committed to building Defence training facilities in Townsville, with 14,000 Singaporean troops set to spend 18 weeks every year in Townsville for the next 25 years. These arrangements create major opportunities for construction firms, and also businesses and tourism operators across the region.

The 2016 Defence White Paper also set out the Government’s commitment to form a ’new partnership’ with Australian industry and in particular small to medium enterprise. This presents a significant opportunity for Townsville firms already involved in the Defence supply chain and those seeking new contracts. Townsville has a strong cluster of SMEs which support Defence by servicing Defence equipment and bases and delivering logistics services, health support, accommodation and other services. Despite this, Defence in Townsville is currently estimated to import over two-thirds of the goods and services it uses from outside the region. The White Paper’s renewed focus on home-grown industry, technology and innovation will present opportunities for more local procurement, deeper Defence industry exchange and development of local technical expertise.

“The Government will strengthen Defence’s collaboration with Australian defence industry, cut red tape and invest in new technologies to help build Australian defence industry competitiveness, create economic opportunity for Australians and support our nation’s defence.” (2016 Defence White Paper, page 111)

The Defence White Paper also reaffirms the Government’s commitment to a strengthened Defence presence and further investment in Northern Australia. Townsville North Queensland stands to benefit from its strategic proximity to the Asia Pacific. There will also be opportunities presented by the increases to troop numbers and new Navy ships announced in the White Paper. With strong regional leadership, Townsville will have opportunities to leverage its strengths, including its capacity to expand current bases, house more serving members, service more Navy ships through the Port of Townsville and continue to develop the Townsville Airport precinct.

“Defence’s presence and investment in Northern Australia over the next decade will gradually increase to support the needs of the more capable, high technology future force” (2016 Defence White Paper, page 103)

View the full detail of the Defence White Paper as it relates to Townsville North Queensland: https://goo.gl/UWXAIB © Commonwealth of Australia 2015

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Image courtesy of Aurizon


NORTHERN INNOVATION Innovation has been recognised as an emerging economic development pillar in Queensland.

Group through sponsored provision of premises at the Central Village complex on Flinders Street West.

In Townsville North Queensland particularly, the startup scene has been gaining momentum over the last few years, and has caught the attention of key decision makers at all levels of industry and Government. The region has seen a number of success stories such as SafetyCulture, JESI Management Systems and NQ UAV. One of the four projects arising from the current cohort of the Townsville North Queensland Emerging Leaders was to foster some of the talent and intel that exists into encouraging greater collaboration and support.

iNQ aims to play a central role in driving the growth of a thriving, multi-speed start-up ecosystem that will bring likeminded individuals and organisations together to not only access Government funded and private sector programs but also establish sustainable and mutually beneficial commercial partnerships.

The result is a coalition of a cross-section of the Townsville North Queensland community including local innovators, business leaders, suppliers, commercial organisations and Government representatives, to be known as iNQ, a Northern Queensland innovation centre that will become the physical and metaphysical hub of the local innovation community. iNQ is dedicated to nurturing, enabling and growing innovations and entrepreneurial pursuits in the region. It aims to nurture and accelerate new forms of prosperity and resilience in regional communities. A key enabler for establishing iNQ’s physical presence in the region has been via the support of Honeycombes Property

While the program has the capacity to stimulate early stage investors into investing in innovative businesses in Queensland, it is also critical that private investors, sponsors, regional communities and entrepreneurs alike contribute to building a ‘start-up ecosystem’ that does not rely solely on Government funding. Innovation is not just about technology start-ups. An inspiring number of small businesses based in Townsville are adapting innovative methods of manufacturing, design and marketing and exporting to the world in sectors ranging from agricultural products to industrial products and consumables. Opportunities abound to build on our strengths in resources to diversify into critical elements and strengths in manufacturing and energy to prosper in renewal energy. Townsville is a regional city with the support and professional services available to enable a great idea to be exported to the world.

Image by Megan MacKinnon

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WHAT IS ECONOMIC DEVELOPMENT? Economic development is the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. As the region’s peak economic development organisation, Townsville Enterprise is charged with leveraging the region’s assets and strengths to drive growth, infrastructure, investment and improving quality of life.

The underlying goal in all of Townsville Enterprise’s actions and priorities is growth in jobs. Growth in jobs results in a better standard of living for our population, a brighter future for our youth and a greater degree of business confidence which leads to more investment.

THERE ARE FOUR MAIN WAYS TO GROW JOB NUMBERS IN THE REGION

BUSINESS

GOVERNMENT

POPULATION

DEVELOPMENT

Commencing or expanding, especially export businesses

Spending on infrastructure projects

Growth via immigration, tourism and/or student education

Activity leading to construction and investment

Townsville City by Megan MacKinnon

010


011

Townsville City by Megan MacKinnon


Townsville City Aerial by Budd Photography 012


RECENTLY COMPLETED


This publication has been sponsored by:

Colliers International Townsville has been helping shape Townsville’s commercial property landscape for almost 20 years. Our focus is on growing Townsville for tomorrow, through commercial real estate management, sales and leasing, across the office, industrial, retail and rural sectors. We are market leaders, ranked as the number one industrial team in Australia with the most sales and brokers in the country along with the largest ever industrial portfolio sale. As the Townsville market experts we have access to national and international resources and networks, and the means and the know-how to accelerate our clients’ success.


RECENTLY COMPLETED Projects included in this report are those successfully delivered and operational in 2014 and 2015 calendar years. In the Townsville North Queensland region, 51 projects have been successfully completed with a value of $1,338.9B.

SECTOR

This demonstrates the robust regional economy thriving in Northern Australia. Given that these projects represent both public and private investment in sectors ranging from industrial to social to retail, the diversity of the region’s economy, which has historically been one of its major advantages, is set to continue.

COMPLETED PROJECTS

INVESTMENT ($M)

Aged Care

1

18.0

Commercial

1

20.0

Community Infrastructure

5

209.5

Defence

2

17.5

Education

5

36.5

Environmental

1

1.1

Food Processing

1

5.0

Health Infrastructure

4

350.2

Hospitality

2

11.5

Logistics

8

329.8

11

211.9

Sport and Recreation

3

14.7

Tourism

3

50.0

Utilities Infrastructure

2

9.7

51

1,338.9

Residential

GRAND TOTAL

015


RECENTLY COMPLETED PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

11.0

5/2014

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Allure Apartments

South Townsville

South Townsville Developments

Hutchinson Builders

ixed development of serviced apartments and owner-occupied units with attached hospitality space. Located in the Palmer Street M dining precinct. Beersheba Interim Facilities

Lavarack Barracks, Murray

Commonwealth Government

FKG

12.5

5/2015

Interim facilities and infrastructure for the relocation of 2 CAV Regiment from Darwin to Lavarack Barracks. Blackwood Street apartments

Townsville CBD

31 Blackwood St Pty Ltd

-

12.5

6/2015

BMD Constructions

19.5

11/2014

137.5

6/2015

33 unit apartment complex on Blackwood Street in the CBD. Blakey's Crossing

Bohle

Queensland Government

Flood-proofing of road link between major industrial area and Townsville CBD. Bruce Highway Southern Access Corridor - Stage 1

Stuart

Commonwealth Government, Queensland Government

-

pgrade to Bruce Highway from Vantassel Street to Cluden, improving flood immnuity, expanding to four lane dual carriageway, U plus a rail overpass. Castlepoint Apartments Stage 1

Belgian Gardens

Blue Sky Alternative Investments

-

25.0

11/2014

18.0

9/2014

5.0

9/2014

143.0

1/2015

98 unit complex on Bundock Street. Stage 1 of 2 consists of 49 units. Central Village

Townsville CBD

Honeycombes Property Group

RCQ Constructions

Entertainment complex including 780-seat cinema plus dining and retail space. City Lane and City Arcade

Townsville CBD

Lancini Group

Lancini Group

CBD dining and retail precinct between Flinders and Sturt Streets. Cleveland Youth Detention Centre expansion

Belgian Gardens

Queensland Government

Watpac

onstruction of new accommodation, administration, kitchen, storage, workshop, visitor areas and unique spaces such as an C Aboriginal dance floor. State-of-the-art communications and security systems have been incorporated throughout the Centre’s new and existing facilities. Cowboys Leagues Club renovation

Townsville CBD

Cowboys Leagues Club

Hutchinson Builders

6.5

6/2015

ddition of "Coffee Club" and woodfire pizza cafe, as well as refurbishment of the existing restaurant. Commercial office space to be A opened on the upper level of the building.

Fairfield Central Stage 2

Idalia

Lancini Property & Development, Fairfield Land

Hutchinson Builders

35.5

2015

xpansion of shopping centre, including a Reject Shop completed in 2014 and a Kmart department store completed in 2015, and an E expansion of the existing Woolworths store to be completed in 2016.

016


RECENTLY COMPLETED PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

COMPLETION DATE

Townsville Earthmoving

15.0

12/2015

-

18.0

8/2015

BUILDER

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Forest Shores Estate

Bushland Beach

Townsville Earthmoving

Residential estate in Northern Beaches suburb of Bushland Beach. Glendale Aged Care Facility

Mount Louisa

Glendale Care

onstruction of 90 bed aged care facility to provide 40 high care and 50 low care rooms with ensuites. To include foyer, reception, C lounge and dining, kitchen, library, meeting room, consulting room, staff rooms and hydrotherapy spa. Howitt and Rose Streets stormwater system upgrade

North Ward

Townsville City Council, Queensland Government

-

7.1

6/2015

Flood mitigation project at flood prone intersections with renewal of drainage infrastructure. Jacana Apartments Stage 2

Kirwan

Honeycombes Property Group

-

7.4

10/2014

Townsville City Council

-

40.0

3/2014

-

5.0

12/2014

Mendi Constructions

7.0

10/2015

28 unit complex at Riverway in the Upper Ross. Jezzine Barracks redevelopment

North Ward

Community park and heritage precinct on the Jezzine Barracks former defence site. Kirwan State High School Flying Start Building

Kirwan

Queensland Government

Expansion of facilities as part of Year 7 shift to high school campus. Magnetic Island Waste Transfer Station

Cockle Bay, Magnetic Island

Townsville City Council

aste transfer station to replace the existing Picnic Bay landfill. The facility includes a green waste collection area, a white goods, W batteries and oil recovery area, and a push pit transfer station for waste collection and sorting for transport. Melton Black Drive intersection upgrade

Annandale

Commonwealth Government

Lenease

12.6

10/2014

23 Melton Terrace Pty Ltd

Phoenix Constructions

11.5

6/2015

Brustone Pty Ltd

Hutchinson Builders

18.0

7/2015

Upgrade from roundabout to traffic lights. Melton Terrace units

Townsville CBD

30 unit complex in the Townsville CBD. North Ward Shopping Village expansion

North Ward

Expansion to include a latest concept Coles supermarket as well as additional specialty shops and parking facilities. Northern Stevedoring Services expansion

South Townsville

Northern Stevedoring Services

-

12.0

4/2015

Expansion of stevedoring facilities, including four new warehouses and a two level office building at the Port of Townsville site.

017


RECENTLY COMPLETED PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Paddington Apartments

Townsville CBD

Honeycombes Property Group

-

14.8

10/2014

Port of Townsville Ltd, Glencore

Glencore

85.0

5/2015

44 unit complex in Flinders Street West. Port of Townsville Berth 8 upgrade

South Townsville

Expansion to accommodate a new bulk minerals ship loader. Part of the Inner Harbour Expansion project. Private mental health clinic Townsville CBD

Townsville CBD

Healthe Care Australia, Urbane Pty Ltd

-

7.5

8/2015

20.0

12/2014

Construction of a private mental health facility at 136-172 Wills Street. Queensland Country Credit Union Aitkenvale Business Centre

Aitkenvale

Queensland Country Credit Union

Perry McDonald Constructions

Two storey office building housing the QCCU headquarters along with other commercial space. Quest Townsville on Eyre

North Ward

Rest Assured

-

25.0

11/2014

erviced apartment complex including 85 apartments, conference facilities, undercover car parking, swimming pool and barbecue S area, and gymnasium. RAAF Base Townsville 100 Series building refurbishment

Garbutt

Commonwealth Government

Watts Construction

5.0

12/2014

-

20.0

4/2015

Refurbishment of gutted vacant character buildings. Rambutan Backpacker Resort

Townsville CBD

Mutual Holdings Pty Ltd

hree level high-end backpacker resort featuring accommodation and campervan facilities as well as a restaurant, bar, cafĂŠ and T retail space. Riverside Gardens Stage 1

Douglas

Blue Sky Alternative Investments

-

15.0

5/2014

Apartment complex featuring one, two, and three bedroom apartments. Stage 1 consists of 30 units out of a planned 100. Riverside Gardens Stage 2

Douglas

Blue Sky Alternative Investments

-

15.0

4/2015

Apartment complex featuring 100 one, two and three bedroom apartments. Stage 2 consists of 42 units. Ryan Catholic College Stage 1

Kirwan

Townsville Catholic Diocese

A.Gabrielli Constructions Pty Ltd

9.3

2015

Townsville Catholic Diocese

A.Gabrielli Constructions Pty Ltd

7.9

2015

New administration and teaching areas. Southern Cross Catholic College

Annandale

Secondary school expansion Stage 1.

018


RECENTLY COMPLETED PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

COMPLETION DATE

-

70.0

8/2015

-

5.0

3/2015

BUILDER

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Springbank Urban Village

Idalia

SBUV

202 residential unit development with combined facilities. St Margaret Mary's College expansion

Hermit Park

Commonwealth Government

onstruction of three new buildings, with a senior campus block of classrooms, a junior campus block of classrooms and a new C administration and flexible learning area building. Townsville Bulk Storage and Handling facility expansion

South Townsville

Townsville Bulk Storage and Handling

S&P Construction

15.5

2/2015

22.5

10/2014

Construction of fully pressurised bulk storage facility at the Port of Townsville.

Townsville General Hospital Sub-acute Facility

Douglas

Commonwealth Government, Queensland Government, Townsville Hospital and Health Service

Watpac

45 bed facility including a geriatric evaluation and management unit and additional rehabilitation beds. Townsville Hospital Expansion Stages 3 & 4

Douglas

Queensland Government

Thiess

317.5

4/2015

Clinical Support and Services Building, Cancer Care Centre expansion, Clinical Ward Block and Pathology Laboratory expansion. Townsville Recreational Boating Park Stage 1

Railway Estate

Townsville City Council, Queensland Government

Townsville City Council

6.3

9/2015

hree ramps, consisting of four lanes each and a centre floating walkway, over 200 car-trailer parks, a pedestrian jetty to fish from, T an amenities building and a park area with shelters, bbq and playground facilities open to the Townsville community. Townsville RSL expansion

Hermit Park

Townsville RSL

Jackson & Semler

5.0

2015

ulti-staged expansion onto neighbouring property. Will include a new sports bar, children's room and bistro area as well as M expanded function room capacity. Townsville Turf Club redevelopment

Cluden

Queensland Government

Epoca Constructions

7.1

2015

pgrade including reinforced sand profile track to better handle all weather, renovations to machinery shed and workshop, and U upgrades to facility access.

019


RECENTLY COMPLETED PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

5.0

3/2015

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) KFSU - Stage 1

Ayr, Burdekin Shire

KFSU

KFSU Ltd

stablishment of processing facilities to produce patented natural food additives Phytocel™ and Kfibre™ from sugar cane. Capacity E of 1,300 tonnes per annum. Charters Towers Hospital upgrade

Charters Towers

Queensland Government

-

2.7

12/2014

Queensland Government, Charters Towers Regional Council

-

1.3

7/2014

47.7

2015

Upgrade of Charters Towers Hospital. Mosman Street - Towers Hill Recreation Corridor

Charters Towers

Recreation infrastructure, including a walking track, in the Mosman Creek corridor. NDRAA Road Restoration Program

Charters Towers

Commonwealth Government

-

Restoration of roads under the National Disaster Relief and Recovery Arrangements program. Trade Training Centre development

Charters Towers

Commonwealth Government

-

9.3

8/2014

-

2.6

2015

State-of-the-art trade training facility located at the Airport Reserve. Forrest Beach water security project

Hinchinbrook Shire

Hinchinbrook Shire Council

Construction of a 12km water main from Ingham to secure water supply for the growing Forrest Beach population. Wallaman Falls all weather access road

Hinchinbrook Shire

Hinchinbrook Shire Council

-

-

12/2015

1.5

6/2014

14.7

7/2015

Road upgrade to provide all-weather access to the Wallaman Falls eco-tourist attraction.

Palm Island floating pontoon

Palm Island

Commonwealth Government, Palm Island Aboriginal Shire Council, Queensland Government, SeaLink QLD

Pacific Marine Group

Upgrade of the jetty to a floating pontoon to allow for all tidal access.

Rodeo Drive Subdivision

Palm Island

Commonwealth Government, Queensland Government, Palm Island Aboriginal Shire Council

Hutchinson Builders, Mendi Constructions

59 lot housing development as part of the Commonwealth Government "Closing the Gap" initiative.

Sandy Boyd Creek cleaning project

Palm Island

Queensland Government, Palm Island Aboriginal Shire Council

Cleaning, relining and and reinforcing of Sandy Boyd Creek.

020

-

1.1

5/2015


RECENTLY COMPLETED PROJECT

LOCATION

PROPONENT

BUILDER

Queensland Government

-

INVESTMENT ($M)

COMPLETION DATE

454.6

2015

SECTOR

SURROUNDING REGION (Significant projects) Cairns Hospital redevelopment

Cairns

he $454.6M redevelopment of Cairns Hospital (previously known as Cairns Base Hospital) will provide an additional 168 beds T (overnight and same day beds) by 2015, bringing the total to 531 beds. Diamantina Power Station

Mt Isa

AGL Energy, APA Group

AGL Energy, APA Group

570.0

Mid 2014

42MW combined-cycle gas turbine power plant. Additional 60MW open-cycle power available via the Leichhardt Power Station on 2 an adjacent site.

021


Rambutan Backpacker Resort by Megan MacKinnon 022


UNDER CONSTRUCTION


This publication has been sponsored by:

Colliers International Townsville has been helping shape Townsville’s commercial property landscape for almost 20 years. Our focus is on growing Townsville for tomorrow, through commercial real estate management, sales and leasing, across the office, industrial, retail and rural sectors. We are market leaders, ranked as the number one industrial team in Australia with the most sales and brokers in the country along with the largest ever industrial portfolio sale. As the Townsville market experts we have access to national and international resources and networks, and the means and the know-how to accelerate our clients’ success.


UNDER CONSTRUCTION Projects in this report include those under construction at time of publication. In the Townsville North Queensland region, there are 74 projects under construction with a value of over $5B. The wide range of industries these projects fall into are a reflection of the region’s diverse economy. Government continues to recognise the importance of Townsville North Queensland, with over $1.16B of publicly funded projects underway. Investment in Defence accounts for $205M of this, with James Cook University responsible

1.16B SECTOR

for a further $112.9M. The Townsville North Queensland region has major logistic infrastructure being upgraded, predominately roads and bridges, accounting for $539.8M. Continued population growth has further fuelled Townsville’s expansion in residential development. 26 development estates are currently under construction. These estates account for over $3.7B of investment and will be developed and delivered over a long term timeframe in response to demand.

FUNDING SOURCE

3.9B

OF PROJECTS UNDER CONSTRUCTION

NUMBER OF PROJECTS

SUM OF INVESTMENT ($M)

Accommodation

1

20.1

Aged Care

4

62.0

Community Infrastructure

4

24.2

Defence

4

205.0

Education

4

15.0

Health Infrastructure

1

12.1

Industrial

3

114.5

Logistics

14

539.8

Research

3

112.9

27

3,796.0

Retail

3

51.0

Sport and Recreation

1

44.5

Tourism

1

6.0

Utilities Infrastructure

5

64.2

75

5,067.2

Residential

GRAND TOTAL

025


UNDER CONSTRUCTION PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

5.0

6/2016

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) ADF - Roads Civil and Infrastructure construction at Mount Louisa, Lavarack Barracks and Townsville Field Training Area

Townsville

Commonwealth Government

-

oads Civil and Infrastructure construction at Mount Louisa, Lavarack Barracks and Townsville Field Training Area in North R Queensland. AIR 9000 Phase 5C Chinook Replacement Facilities

RAAF Base Townsville, Garbutt

Commonwealth Government

Lendlease

54.8

6/2017

acilities and supporting infrastructure for the new F Model Chinook Medium Lift Helicopter. Includes simulator building, F maintenance hangars, workshop and accommodation facilities. Altira Estate

Mt Louisa

Elements NQ

-

45.0

2035

esidential development on elevated land in Mt Louisa, behind the ElementsNQ developed Greenview Estate. Stage 1 & 2 R completed, currently working on Stage 3. Asphalt Plant and Transport Depot

Roseneath

Fulton Hogan

Perry McDonald

-

4/2016

Shifting of operations from the Bohle to Roseneath, including construction of a new asphalt plant. Aurora Estate

Mt Louisa

Elements NQ

-

10.0

2018

31.0

6/2016

Residential development in Mt Louisa. Stage 1 completed of the six stages.

Australian Institute of Tropical Health and Medicine

Douglas

James Cook University, Commonwealth Government, Queensland Government

Watpac

onstruction of tropical health research facility on JCU Douglas campus. Will include biological facilities, specialist laboratory support C spaces and offices. Bayside master planned community

Bushland Beach

Sunland Group

Various builders

69.0

-

hased release of new residential land stages as part of the master planned Bayside community. The complete value of all the P components of this development is $89M.

Bookstone on The Park

Condon

Halcorp

Laurence Lancini Constructions Pty Ltd

15.0

2018

130 lot residential estate in Condon. Close to local parks, schools and recreational amenities. Breakwater Marina expansion

North Ward

Breakwater Pacific

-

6.0

12/2016

xtension of marina (115 berths) and entry channel dredging to allow larger yachts (completed 2015). Over-water restaurant and E bar, dedicated marina administration, function and events room. Additional commercial and retail space. Bushland Park Estate

Bushland Beach

Bruton Properties

Residential estate in Northern Beaches suburb of Bushland Beach.

026

Townsville Earthmoving

17.0

12/2016


UNDER CONSTRUCTION PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

22.0

5/2016

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Carinity Fairfield Waters Aged Care Facility Stage 1

Idalia

Carinity

-

I ntegrated aged care facility, three storey 96 bed aged care facility. Work resumed again in November 2015 with new builder. CBD utility upgrade

Townsville

Townsville City Council

-

43.0

2018

he three year project will upgrade water storage and install over 20km of underground water and sewerage pipework in the CBD, T replacing some mains up to 60 years old, to support the revitalisation of the inner city. Cosgrove master planned community

Mount Louisa

Parkside Developments

Mendi Constructions

250.0

2035

2,100 lot residential development including retail, business and park facilities as well as a school.

Dalrymple Road Bridge

Bohle

Commonwealth Government, Townsville City Council

-

40.0

2016

onstruction of two lane bridge with 3.5m lanes in each direction totalling aproximately 450m. Also includes shared pathway for C cyclists and pedestrians and channelling works including drains and culverts. Defence Logistics Transformation Project

Lavarack Barracks, Murray

Commonwealth Government

Lendlease

145.2

5/2016

ogistics facilities and infrastructure upgrade including new administrative storage, and maintenance facilities for North Queensland L Joint Logistics Unit. Department of Main Roads refurbishment

Townsville

Department of Transport & Main Roads

A.Gabrielli Constructions Pty Ltd

5.0

-

rincipal Contractor to deliver the works for the refurbishment of the Garbutt CSC Building in accordance with the architectural P design and specifications included in this tender. DHA - Bluewattle Estate

Rasmussen

Defence Housing Australia

-

262.0

2024

,300 lot housing estate in Rasmussen. 430 housing lots to be built for Defence, with the remaining 870 lots developed for sale to 1 the general public. Eden Park Residential Estate

Jensen

Maidment Development Group

-

40.0

2018

16.0

1st half of 2016

142 lot residential estate. Two Stages completed with another three to go. Fairfield Homemaker Centre Stage 1

Idalia

Griffin Group

Phoenix Constructions

Development of a 32,000m2 bulk goods retail centre, adjacent to Bunnings Warehouse at Fairfield Waters. Stage 1 construction commenced in April 2015 and will include nationally recognised brands such as Pillow Talk, Beacon Lighting, Pet Barn, Greencross Vets and Golds Gym. Fulton Gardens Unit development

North Ward

CPR Townsville

Mick Baker Constructions

65.0

9/2016

7 "core and shell" style unit development on the grounds of the former Townsville General Hospital. Complex to include pool, gym, 2 car park, home office facilities, and landscaped grounds. Good Shepherd Home Refurbishment & Minor Expansion - Stage 1

Annandale

The Good Shepherd Home

Woollam Constructions

15.0

8/2016

Redevelopment of existing accommodation and construction of a new 60 bed facility at the aged care home.

027


UNDER CONSTRUCTION PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

5.0

4/2017

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Good Shepherd Home Refurbishment & Minor Expansion - Stage 2

Annandale

The Good Shepherd Home

Woollam Constructions

Redevelopment of existing accommodation and construction of a new 30 bed facility at the aged care home. Greater Ascot Residential development

Bohle

Parkside Developments

Townsville Earthmoving

210.0

2030

2,000 lot residential development in northern suburbs of Townsville, with a town centre and school. Hampton Grove

Mount Louisa

MBT Capital

-

12.0

2017

Featuring a limited release of 47 exclusive large residential lots at a minimum of 1,000m2, Hampton Grove enjoys dedicated access to a private haven within a secure community. Harris Crossing Residential development

Bohle

Maidment Development Group

BMD Urban

160.0

2022

64.0

2019

Premier river front development residential estate – a total of 750 lots. Haven Townsville housing development

West End

Ellis Developments

Ellis

Developments

esidential estate featuring a mixture of houses, townhouses and two-storey projects. Haven Townsville includes parkland area, R ‘Harry’s Park’. JCU Sustainable Tropical Complex - Reseach Faciliaties including Glasshouses

Douglas

James Cook University

Hutchinson Builders

1.9

-

roject is a traditional build site containing community garden, temperature controlled glasshouse and two bee flight cages for P controlled enviroment study of bees. Also included are soil bays, propagation sheds and space for additional research facilities.

Kalynda Chase Estate

Bohle

Lancini Property & Development, Urbex

Urbex

257.0

2020

1,500 lot residential estate, including community and sporting amenities, extensive parkland and commercial centre. Liberty Rise Estate

Mount Louisa

Parkside Developments

Mendi Constructions

53.0

2025

Rupertswood

Hobson Constructions

-

305.0

2025

530 lot residential development. Mount Margaret Estate

850 lot residential development catering to larger sized lots (2000m2). Currently developing Stage 4. North Beach Estate

Mt Low

Townsville Earthmoving

Townsville Earthmoving

Stockland Development Pty Ltd

-

18.0

12/2017

1,073.0

2030

Residential estate in the suburb of Mount Low. North Shore - Northern Beaches master planned community

Burdell

,487 lot residential development with 50ha sub-regional town centre. An innovative and award winning master planned community, offers 5 schools, parks, aquatic centre, town square and a neighbourhood Stockland shopping centre. 30% is dedicated to natural open spaces.

028


UNDER CONSTRUCTION PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

Stockland

7.5

3/2016

SECTOR

TOWNSVILLE (Projects valued at greater than $5M)

Northern Beaches Community Centre and Cyclone Shelter

Burdell

Commonwealth Government, Stockland Developments Pty Ltd

Commonwealth funding to upgade community centre to withstand a Category 5 cyclone. 95% complete. Northern Beaches Shopping Centre

Bushland Beach

Marquette Properties

-

10.0

6/2016

hopping complex on the corner of Mount Low Parkway and Lionel Turner Drive, to include a Coles supermarket and 15 other S shops, with approximately 5,000m2 of total retail space. Oak Tree Retirement Village

Rasmussen

Oak Tree Retirement Villages

-

20.0

2017

77 villa retirement complex in the Upper Ross. Stage 1 & Stage 2 completed with Stage 3 currently under construction. Port of Townsville Berth 4 upgrade

South Townsville

Port of Townsville Ltd

-

55.0

2017

Upgrade of Berth 4 to accommodate Panamax size general cargo vessels in combinations with the development of a general cargo terminal. Redevelopment of St Mark's College, JCU, Townsville

Douglas

Anglican Church - St Mark's Projects

-

20.1

-

11 new apartments in Townsville Hospital JCU precinct, taking St Marks from 153 to 283 residents. Enabling St Marks to continue to 1 support those from disadvantaged communities who come to learn or train. Replacement of Electrical Substations at RAAF Base Townsville

Townsville

Commonwealth Government

-

-

2016

his project involves the replacement of substations and undertaking an appraisal of existing high voltage and low voltage electrical T infrastructure at RAAF Base Townsville. River Parks development

Kelso

Devine

-

350.0

12/2022

Department of Transport & Main Roads

-

11.7

6/2017

Department of Transport & Main Roads

-

97.8

6/2016

-

3.8

6/2016

-

5.0

12/2016

72ha residential development containing 900 lots. Roadworks - Local Network Townsville - Various Projects - 2015/2016

Townsville

Various road projects including Bohle Crossing. Roadworks - National Network Townsville - Various Projects - 2015/2016

Townsville

Various road projects including Bruce Highway upgrades. Roadworks - State Network Townsville - Various Projects - 2015/2016

Townsville

Department of Transport & Main Roads

Various road projects including Bruce Highway upgrades. Ryan Catholic College Stage 2

Kirwan

Townsville Catholic Diocese

New hospitality, staff area, and refurbishment of teaching areas.

029


UNDER CONSTRUCTION PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

15.0

2/2017

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Salvation Army Drug and Alcohol Facility

Townsville

Salvation Army

Civil - RMS Engineering

ehablitation on drug, achcohol and gambling issues for adults and youth. Will include a 52 bed residental and outpatients area. R The only youth residential program in Queensland. Sanctum Residential development

Mt Low

Maidment Development Group

-

200.0

2020

Master planned estate with associated community infrastructure. Totalling 1,300 lots, with 600 completed. Stuart Rail Infrastructure and Freight & Container Terminal

Stuart

Aurizon

A.Gabrielli Constructions Pty Ltd

40.0

2016

ew Train Freight & Container Terminal with associated rail and road infrastructure. The project drive is to move the current N terminal out of the CBD and open the area up for urban development with the associated benefits of minimising the rail interaction with the public. The new facility is located so it has access to all major highways. The Edge

North Shore

Ellis Developments, Stockland

-

22.0

2016

72 dwelling development adjacent to the North Shore Stockland shopping centre. Completed 5 of 12 Stages. The Science Place

Douglas

James Cook University

-

80.0

12/2016

onstruction of a four storey research and teaching facility on JCU's Douglas Campus. To include laboratories, lecture theatres, C seminar space, Technology Enabled Active Learning (TEAL) spaces, flexible work spaces and central social hub with seating clusters for group work and peer to peer learning. The Village

Oonoonba

Economic Development QLD

-

180.0

2021

83ha residential development with plans for approximately 1,000 homes. Stages 1 - 6 and 10 completed. Stage 7 commenced. The Woods residential estate

Deeragun

Parkside Developments

Mendi Constructions

74.0

2030

Townsville

Townsville City Council

-

4.0

-

740 lot residential development. Townsville CBD Bus Hub

ownsville’s CBD is the public transport hub for the broader city and requires a bus hub to service interchanges, future growth and T customer needs. There are currently over 2,400 weekly bus services linking the CBD to Townsville’s suburbs. Townsville Golf Club redevelopment

Rosslea

Townsville Golf Club

-

44.5

2017

Course reconfiguration, designed by Karrie Webb and Bob Harrison, plus the construction of new facilities including a clubhouse. The building cost of the 55 units or the 236 residences is not reflected in this development value. Townsville Grammar School North Shore campus

North Shore

Townsville Grammar School

-

7.0

2017

Hutchinson Builders

12.1

7/2016

Construction of education facilities for Prep to Year 3 students. Townsville Hospital expansion Stage 5 - Planned Procedure Centre

Douglas

Queensland Government

wo new procedure rooms with support space, additional recovery bays, second and third stage recovery spaces and day surgery T capacity. Currently in design phase.

030


UNDER CONSTRUCTION PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

Seymour White

200.0

6/2017

SECTOR

TOWNSVILLE (Projects valued at greater than $5M)

Townsville Ring Road Stage 4

Outer Northern Suburbs

Commonwealth Government, Queensland Government

inal two lane, two-way 8km section of Townsville Ring Road, crossing Bohle Plains. Links existing sections of the Ring Road at Shaw F Road intersection and runs north-west, connecting to the Bruce Highway near Mt Low Parkway. Veer Apartments

North Ward

PDS Qld

-

11.0

9/2016

Eight unit complex with dining and retail space on The Strand. Construction started June 2015. Webb Drive Industrial Estate Stage 4B

Bohle

BM Webb Group

-

20.0

12/2016

-

4.5

10/2016

Civil works for next stage of Webb Drive Industrial Estate subdivision. Webb Drive Industrial Estate Stage 4B - 4000m2 industrial shed

Bohle

BM Webb Group

Contruction of 4000m2 shed on the new Industrial Estate. Willowbank Estate

Kirwan

Parkside Developments

Mendi

11.0

2020

Townsville CBD

Lancini Property & Development

Laurence Lancini

25.0

2016

110 lot residential development. Woolworths CBD development

elocation and expansion of CBD Woolworths store to full line facility with specialty stores. Construction to commence following R clearing of site.

PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Burdekin Catholic High School

Ayr

Townsville Catholic Diocese

-

1.0

12/2016

Burdekin Shire

Queensland Government

-

43.8

6/2015

-

28.0

6/2016

Hospitality class rooms. Burdekin River Bridge maintenance

Structural rehabilitation and maintenance over five years. Roadworks - National Network - Burdekin - Various Projects 2015/2016

Burdekin Shire

Department of Transport & Main Roads

Various road projects including Bruce Highway upgrades and crossing upgrades for Haughton River & Pink Lily Lagoon. St Clare's Burdell Stage 4

Clare

Townsville Catholic Diocese

-

2.0

12/2016

Stage 4 including new Resource Centre.

031


UNDER CONSTRUCTION PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

90.0

2/2017

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Greenvale Processing Facility

Charters Towers

Agripower Australia Limited

-

iatomaceous earth processing plant for production of non synthetic soil/plant health/growth/promotant fertiliser. Raw materials D mined in Greenvale and transported to site by road. Anticipated output per annum of 1 million tonnes. All approvals received and the first Stage of the processing facility has been commissioned. Kernow development

Charters Towers

Tarleton Property Australia

Can NQ Pty Ltd

12.0

2017

aster planned community of 410 dwellings of various types including a re-development of existing buildings, new buildings, M land blocks and lifestyle facilities (ie recreational lake). Phase 1 is currently under construction with the first units available for occupation. Phase 1 to be complete in 2017. Roadworks - State Network - Charters Towers - Various Projects - 2015/2016

Charters Towers

Department of Transport & Main Roads

-

1.8

6/2016

-

17.4

2020

Various road projects on the Gregory Development Road.

Upgrade to Water Infrastructure for Charters Towers

Charters Towers

Charters Towers Regional Council, Dep of Infrastructure & Regional Development

uccessful National Stronger Regions Funding Round 1 application. Currently negotiating finalisation of funding agreement. S Planning process already commenced to establish priority list of extent of upgrade. Ingham CBD master plan Stage 1

Hinchinbrook Shire

Hinchinbrook Shire Council

-

1.2

6/2016

-

9.0

6/2016

Stage 1 - Revitalisation of Ingham CBD in collaboration with James Cook University. Roadworks - National Network Hinchinbrook - Various Projects - 2015/2016

Hinchinbrook Shire

Department of Transport & Main Roads

Various road projects including Bruce Highway upgrades. Airstrip Runway resealing

Palm Island

Palm Island Aboriginal Shire Council

0

0.5

6/2016

Palm Island

Palm Island Aboriginal Shire Council

0

10.0

2017

Resealing the airstrip. House developments - Various Lots

Various house development - Various size grouping of Houses. Sewer Treatment Plant Upgrade

Palm Island

Palm Island Aboriginal Shire Council

0

1.5

8/2016

Palm Island

Palm Island Aboriginal Shire Council

0

1.3

10/2016

Upgrading capacity of plant. Water Treatment Plant Upgrade Part 1

Upgrade the water treatment plant to enable sea water treatment.

032


UNDER CONSTRUCTION PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

1.0

6/2016

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Water Treatment Plant Upgrade Part 2

Palm Island

Palm Island Aboriginal Shire Council

0

alm Island requires an upgrade of water and sewage utilities infrastructure to cope with current demands, allow for growth of the P community and support tourism growth on the Island.

PROJECT

LOCATION

PROPONENT

BUILDER

Cairns Aquarium, Commonwealth Government

FKG Group

INVESTMENT ($M)

COMPLETION DATE

50.0

1/2017

400.0

-

SECTOR

SURROUNDING REGION (Significant projects) Cairns Aquarium and Reef Research Centre

Cairns

Public aquarium with café and restaurant facilities as well as a research laboratory. Nova8

Cairns

Aspial Corporation

Hutchinson Builders

ix residential and one commercial tower built in the Cairns area, each between 17 and 19 storeys. Overall, this will result in 1,188 S new apartments in the city, as well as 6,000 square metres of retail space and 11,000 square metres of office space. Lakeland Solar Farm

Cooktown

Lyon Infrastructure

-

Gladstone

Australian Pacific LNG, Gladstone LNG, Queensland Curtis LNG

Bechtel

60.0

2016

11,000.0

2016

26MW Solar PV farm.

Curtis Island LNG plants

onstruction of three liquefied natural gas plants on Curtis Island off Gladstone. The separately owned plants are all being C constructed by Bechtel. Northern Territory Gas Pipeline

Northern Territory

Northern Territory Government

Jemena

800.0

2018

500.0

2017

120.0

2018

Infrastructure from the Northern Territory to meet gas demand from the eastern states. Toowoomba Grand Central redevelopment

Toowoomba

QIC

-

Redevelopment and expansion of the Grand Central CBD shopping centre. Weipa housing project

Weipa

Bowen Basin Contractors

Matusik

ated community featuring 100 three and four bedroom houses and 70 two storey town houses, as well as community facilities G including a gym and swimming pool.

033


Cosgrove Estate by Megan MacKinnon 034


INVESTMENT READY


This publication has been sponsored by:

Colliers International Townsville has been helping shape Townsville’s commercial property landscape for almost 20 years. Our focus is on growing Townsville for tomorrow, through commercial real estate management, sales and leasing, across the office, industrial, retail and rural sectors. We are market leaders, ranked as the number one industrial team in Australia with the most sales and brokers in the country along with the largest ever industrial portfolio sale. As the Townsville market experts we have access to national and international resources and networks, and the means and the know-how to accelerate our clients’ success.


INVESTMENT READY The investment ready projects reflect the Northern Australia economic drivers. The current investments available are heavily focused on renewable energy, food processing,

SECTOR

bio-fuels and mixed use of accommodation for education and general tourism projects.

NUMBER OF PROJECTS

SUM OF INVESTMENT ($M)

Accommodation

1

65.0

Agriculture

1

-

Commercial

1

15.0

Education

1

30.0

Food Processing

3

106.8

Industrial

2

92.1

Mixed Use

1

150.0

Renewable Energy

2

520.0

Residential

1

6.5

Retail

1

10.0

Tourism

6

17.0

20

1,012.4

GRAND TOTAL

The projects outlined in this document represent a cross-section of the investment opportunities in the Townsville North Queensland region. Contact the Townsville EnterpriseEconomic Development team on 07 4726 2728 or investment@tel.com.au for more information.

037


INVESTMENT READY PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

15.8

-

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Arcadia Village

Magnetic Island

Galdam Pty Ltd

-

Existing resort and hotel complex overlooking Geoffrey and Alma Bays on Magnetic Island on 4.0392ha across four freehold land titles.

Bwgaman Aboriginal Land development

Cranbrook

Bwgaman Aboriginal Land Trust / Dreamtime Training

Dreamtime Operations

30.0

2020

ational Indigenous museum and cultural centre with small conference facilities. 100 house blocks, 250+ apartments and 150 N student accommodation. Complex to include restaurant, motel, markets, training academy, parkland and gardens. Davco – Dingo Park Feedlot and Meat Processing facility

Townsville

Davco Agriculture

-

20.8

-

65.0

-

Feedlot, live export depot and abattoir on the outskirts of Townsville. JCU Student Accommodation

Douglas

James Cook University

-

00 bed student accommodation project with ground floor tenancies. The project will form the 'Ideas Market' at the centre of 5 Mt Stuart Street on the Douglas campus. Nelly Bay development

Magnetic Island

Curtain Bros, SeaLink QLD

-

-

-

-

2017

-

-

Development waterfront Sooning St site of 6 ha, adjacent to the Nelly Bay ferry terminal. Ogden Street Hotel

Townsville CBD

Three Islands Pty Ltd

-

181 room hotel with conference centre and waterfront dining precinct on Ross Creek. Radical Bay development

Magnetic Island

-

-

pportunity for development of beachfront land, the former site of the Radical Bay Resort. Previously earmarked for resort O development. Redevelopment of the Townsville North Rail Yards

Townsville CBD

Townsville City Council

-

150.0

-

Opportunity to redevelop historic former rail yards site into a mixed-use CBD hub. Site is currently owned by Townsville City Council. Weststate, Townsville West

Townsville CBD

Griffin Group

-

15.0

12/2017

t the intersection of heritage and cutting edge, Weststate brings an architecturally impressive and instantly recognisable building A back to life. Office space, spanning 2400m2, has been created over three fully refurbished floors in the historic building (previously home to the Townsville West State School) together with a new adjoining building.

038


INVESTMENT READY PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

2.1

-

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Ayr Industrial Estate

Ayr, Burdekin Shire

Burdekin Shire Council

-

Installation of trunk infrastructure and preparation of land to expand the existing Ayr Industrial Estate. Expansion of Northern Irrigation Area – Majors Creek

Burdekin Shire

Burdekin Shire Council

-

-

-

KFSU

-

6.0

-

Expansion of northern crop irrigatition area. KFSU - Stage 2

Ayr, Burdekin Shire

xpansion of facilities that process sugar cane into patented natural food additives. Three stage expansion plan looks to optimise E current expansion, increase marketing, commercialise sugar cane juice by-product and expand production with a new plant site. Stage 1 valued at $1M, Stage 2 $3M and Stage 3 $3M. Charters Towers meat processing facility

Charters Towers

Charters Towers Regional Council

-

80.0

2018

dvanced business plan prepared by the BDO Australia. Establishment of a facility to process locally sourced North Queensland A product for local and export marketing. Concept and environmental planning being prepared and undertaken by Charters Towers Regional Council. Dicalcium Phosphate Production Plant (Fertiliser Manufacturing Plant)

Charters Towers

Direct International Food Supplies Pty Ltd

-

90.0

2017

Dicalcium phosphate and monocalcium phosphate manufacturing facility for animal and plant feed/stock product supplement. Solar utility

Charters Towers

Charters Towers Regional Council

-

-

2018

ouncil is incentivising this project via leasing two sites near substations. Anticipated capacity approximately 30MW combined. C Solar utility capable of power generation for new industrial and commercial projects.

White Mountains National Park eco-tourism

Charters Towers

Charters Towers Regional Council (in conjunction with the Gudjala People)

-

1.2

-

pportunity to develop an eco-tourism venture to include new tourism product and enhance the visitor experience. Traditional O Owners input has been requested by the Council by the end of Q1 2016. Hinchinbrook Habitats Land Subdivision

Ingham

Everett Family Trust

-

6.5

-

esidential subdivision and ecotourism property development in the Wet Tropics rainforest. 254.95ha overlooking Hinchinbrook R Island. The estate approval comprises of 110 home sites as well as 50 cabins, a restaurant and conference centre on Mount Separation, with panoramic views of the Herbert region and Hinchinbrook Channel.

North Queensland Bio-energy project

Ingham

North Queensland Bio-energy Corporation Ltd (NQBE) & Elecnor

-

520.0

6/2017

Sugar, ethanol and renewable energy power generation facility.

039


INVESTMENT READY PROJECT

LOCATION

PROPONENT

BUILDER

INVESTMENT ($M)

COMPLETION DATE

-

-

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Wallaman Falls trail infrastructure

Hinchinbrook Shire

Hinchinbrook Shire Council

-

lan to investigate the viability of private sector investment into facilities to support commercial walking track development, P including low-impact accommodation and enhanced facilities for day visitors. Palm Island retail and business precinct

Palm Island

Palm Island Aboriginal Shire Council

-

10.0

-

INVESTMENT ($M)

COMPLETION DATE

50.0

-

Creation of a commercial town centre for the Palm Island community.

PROJECT

LOCATION

PROPONENT

BUILDER

Tablelands Beef Australia

-

SECTOR

SURROUNDING REGION (Significant projects) Meat processing facility

Atherton Tablelands

onstruction of a meatworks integrated into the Tablelands Beef Australia (TBA) cattle property. Approvals for the project are C complete, with TBA now seeking funding in two rounds. JCU Cairns campus student accommodation

Cairns

James Cook University

-

30.0

2015

Gulf Alumina Ltd

-

90.0

-

-

150.0

-

300 bed on-campus accommodation facility. Skardon River Bauxite Mine

Cape York Peninsula

Bauxite mine 100km north of Weipa with a project life of 10 years. Forsayth Wind Farm

Etheridge

Infigen Energy

25-30 turbine wind farm with a 75MW capacity. Development approval from Etheridge Shire Council obtained. Kennedy Energy Park - Stage 1

Hughenden

Windlab

-

-

-

taged development of up to 1,300MW of renewable energy generation. Stage 1 of the project will be up to 100MW of wind and S solar energy connecting to the existing electricity grid. The final project will provide more than enough electricity to power the whole of the region. Watershed Tungsten Mine Carbine Tungsten Ltd

Mount Carbine

Vital Metals Ltd

-

172.0

-

ungsten mine at Mount Carbine. Watershed has an estimated 10 year life of mine with forecast total production of 24,900 tonnes T of WO3. All mining leases, environmental authority and indigenous land use agreements in place.

040


041

Radical Bay, Magnetic Island by Megan MacKinnon


Wallaman Falls by Megan MacKinnon


SEEKING FUNDING


This publication has been sponsored by:

Colliers International Townsville has been helping shape Townsville’s commercial property landscape for almost 20 years. Our focus is on growing Townsville for tomorrow, through commercial real estate management, sales and leasing, across the office, industrial, retail and rural sectors. We are market leaders, ranked as the number one industrial team in Australia with the most sales and brokers in the country along with the largest ever industrial portfolio sale. As the Townsville market experts we have access to national and international resources and networks, and the means and the know-how to accelerate our clients’ success.


SEEKING FUNDING Townsville Enterprise continues to advocate for public funding into the projects and sectors which will deliver the greatest benefit to the region and create the best prospect for the region to increase its contribution to national productivity. The Federal focus for development of Northern Australia – and associated funding arrangements, including the Northern Australia Infrastructure Facility, the National Water Infrastructure Development Fund, the Clean Energy Finance Corporation – continue to be seen as a significant opportunity to attract public investment into the Townsville North Queensland region. The White Paper was accompanied by $1.2B in funding commitments. The Federal Government’s Northern Australia Infrastructure Audit, released in mid-2015 shows Northern Australia accounts for 45% of Australia’s land mass, 5.6% of Australia’s population and 11.7% of Australia’s gross domestic product. Thus, Northern Australia punches well above its weight in terms of national productivity. Also, the region’s GDP contribution is increasing over time, which will result in Northern Australia becoming a proportionally larger component of the national economy. NORTHERN AUSTRALIA

TOWNSVILLE

The Northern Australia Infrastructure Audit also shows Townsville is the largest population centre in Northern Australia, and under every scenario considered by the Federal Government, not only does Townsville remain the largest urban centre, but also grows at a faster rate than any other urban centre of Northern Australia. Further, Townsville is expected to overtake such centres as Geelong and Hobart in the short term. It considers there are three key growth areas in Queensland – the Burdekin (irrigated agriculture), the Galilee and Bowen Basins (coal) and the North West Minerals Province (base metals and other minerals) – all of which flow into the Townsville North Queensland region’s economy.

In response to the Northern Australia White Paper and Northern Australia Infrastructure Audit, Townsville Enterprise has lead a consultative process to identify the highest priorities for economic infrastructure investment to stimulate the economic performance of the region, and in turn, contribution to the national economy. The region’s priorities have been developed through a robust and transparent framework based on direct and indirect economic and employment benefits to the region, the demand for and constraints to additional or expanded infrastructure and other parameters. The result is a clear prioritisation of infrastructure requirements representing a consensus position of local organisations, representatives and stakeholders. The region’s highest priorities are in the energy, water and transport sectors. These three sectors require both infrastructure investment and policy reform. The objectives of the Northern Australia development agenda are not achievable without efficient operations and provision of services in these sectors. The projects are specific to Townsville North Queensland, while the priority sectors are common across the majority of Northern Australia and in particular neighbouring regions to the North, South and West. For example, to the South of Townsville North Queensland is the Mackay Whitsunday region. This region prioritises investment into the Urannah Dam to support agricultural and resource sector development. To the West, investment into and improved management of the Flinders and Gilbert catchment is essential. These projects are complementary to the regional water management plan advocated by Townsville Enterprise and would be wholly supported. Flowing through the priority sectors is the common goal of unlocking the Galilee Basin. Up to nine potential projects of significant scale are in varying stages of development, correctly identified as one of the key growth regions of Northern Australia by the Federal Government. Unlocking this emerging mineral province via multi-user infrastructure and removing first mover risk is an appropriate role of Government. Investment in these priority sectors will facilitate industry growth and private sector investment across resources, energy and agriculture as well as stimulating employment, urban development, retail and the associated social and tourism development. Underpinning all of these is the issue of population growth. A significantly increased rate of population growth is essential; Government policies targeting higher rates of migration and population growth in the region will be required.

045


PRIORITY INFRASTRUCTURE ENERGY

Energy is one of the key areas of focus and opportunity in Townsville North Queensland. The region boasts some of the best coal, gas, biofuel, solar, wind and hydro resources in Australia, and indeed the world. It is readily apparent that Townsville North Queensland is the prime location to develop

a world leading energy export industry – enabling the Federal Government’s objective of the Nation becoming an “energy superpower” – in addition to supporting a thriving economy based on secure and low cost energy supply. To capitalise on the opportunity will require a combination of Government and private sector initiatives.

state-of-the-art facility will be the first

and a small number of jobs during

of its kind in Australia and will produce

operation. There will be an opportunity

Kennedy Energy Park is an innovative wind

approximately 335,000 tonnes of sugar

for local workers to participate in the civil

and solar energy facility to be located in the

annually, have a flexible ethanol distillery

and/or electrical works associated with the

Flinders Shire in central north Queensland

capacity of between 90,000 and 250,000

project, as well as indirect opportunities for

(290 km south west of Townsville). This

litres per day and generate between 110–

a range of local businesses, contractors and

region is blessed with an abundance of

115 MW of renewable green power.

suppliers – e.g. accommodation providers.

the wind and solar resources are world

The project, which is expected to be fully

A number of important approvals and

class and are complementary to such

operational by June 2018, will provide a

agreements have been secured. These

an extent that when combined they can

major boost for the local Herbert River

include the Power Purchase Agreement

supply energy to the grid with reliability

District economy. Sugar cane growers will

with Origin Energy and Material Change of

never before seen in the Australian

benefit from increased revenue derived

Use development approval.

renewable industry.

from the additional products produced

KENNEDY ENERGY PARK

renewable energy resources; in particular,

and with an anticipated workforce

The Clare solar farm is expected to start

Commencing with MW solar plus 40 MW

of approximately 220-250, full-time

construction in late 2016.

wind, the ultimate plan is to construct up to

employment will be boosted.

1,300 MW of renewable energy generation in the region, which would deliver significant benefits to North Queensland

ADANI CLARE SOLAR FARM

Adani’s Carmichael Coal Mine and Rail

and Australia in reduced emissions and

The site for the Clare solar farm development

Project will be an open cut and underground

sustainable energy generation. The

is an area of approximately 340ha of rural

coal mine producing 60 million tonnes per

improvements in reliability and reduced

land currently used for growing sugar

annum to be transported over a 388 km

dependency on power from south east of

cane. The nearest township is Clare, and

railway line and exported via the Abbot

the State will also greatly assist to promote

the nearest major town is Ayr, both in the

Point Coal Terminal.

industry and business development in the

Burdekin Shire, in North Queensland.

region. The facility will be a significant boost

The mine, rail and port project will entail

for the local economy, helping create local

The Clare solar farm will comprise a grid

investment of $16.5B and contribute

jobs and generating more business in the

connected solar farm using PV modules

thousands of jobs to the Queensland

Hughenden region, particularly during the

similar to panels used on domestic houses.

economy while supplying electricity

construction period. The Kennedy Energy

Once built, the facility will be the largest

producing coal to India. The project will be

Park is expected to enter construction in

polycrystalline PV project in Australia and

Australia’s largest coal mine and will have

2017 and be operational the following year.

will utilise a single-axis tracking system

a life of 60 years. The project is around

to significantly improve the efficiency

340 km south west of Townsville and is

and output of the plant. It will generate

the first of nine significant projects to be

more renewable electricity than any other

potentially developed within the Galilee

photovoltaic facility in Australia.

Basin. Given the complexity and scale of

NORTH QUEENSLAND BIO ENERGY North

Queensland

Corporation

Limited

Bio-Energy (NQBE)

is

the development, the process has been

a

Queensland based company planning

The development of this large scale solar

protracted however it has taken a number

the construction of a $550M sugar (raw

energy project represents a positive

of significant steps forward in terms of

and white), ethanol and power generation

diversification of the local economy,

approvals from both State and Federal

facility in Ingham, North Queensland. This

creating up to 200 jobs during construction

authorities in recent times.

046


PRIORITY INFRASTRUCTURE ENERGY (CONTINUED)

Townsville Enterprise will continue to prioritise reduction of energy costs, driving the domestic economy and private sector investment and stimulating construction and employment, including growth of exports. A number of opportunities will develop during 2016 impacted by policy decisions including: • E rgon Energy seeking expressions of interest for the supply of 150MWof renewable electricity with a particular focus on projects in regional Queensland • T he announced merger of Ergon and Energex which will create the largest energy company in Australia, managing assets valued at $24B, with headquarters in Townsville • T he decision to connect the Northern Territory Gas Fields to Queensland (Mount Isa) rather than South Australia is a significant step forward for North Queensland, and in particular for heavy industry in the region. All three of these major developments will progress during 2016 with major beneficial impacts on the Townsville North Queensland region, yet there remains more which can be achieved. The underlying policy requirement to promote economic prosperity in Townsville North Queensland is for Governments to have a fundamental shift in perspective – to an understanding that competitively priced energy is a key component of industry and economic development. The industries and businesses of Townsville North Queensland must be internationally competitive and input costs are an unavoidable component of this. In turn, when business and investment are growing and thriving, returns will be delivered to public sector balance sheets. Specific requirements: • A mandate to ensure the next 2,000MW of generation within Queensland is located north of Mackay (connected to the grid north of Collinsville). • A majority of projects supported by Renewable Energy Target and ARENA programs to be awarded in Northern Queensland. • T he launch of a review by the National Productivity Commission into the existing regulatory framework and National Electricity Laws as they impact Northern Queensland. This would be a broad ranging review with a view to being complementary to the Northern Australia Development Agenda.

We request consideration of: • M ore than one pricing region within Queensland, given the unique parameters of being the most decentralised State in Australia; • A new Reference Pricing Point in close proximity to Townsville North Queensland that is reflective of the grouping of load and generation in the region and future electricity network functionality; • I mproved economic signals in pricing that promote energy infrastructure investment while protecting Northern Queensland consumers; • R egulatory rule changes that enable development; and • Pricing mechanisms that trigger investment in Northern Queensland. • A directive to the COAG Energy Council to specifically address inclusion of Northern Queensland into the Australian gas market. We support the work underway promoting interconnectedness and removing unnecessary regulatory barriers aiming to facilitate a more liquid trading market for wholesale gas; and consider this must be undertaken with a particular focus on the Northern Australia Development Agenda. The success of a national gas market will require correcting of the current failure of the domestic gas market that Queensland’s manufacturing and processing industries are experiencing. This correction requires Government intervention. Transmission and distribution investment is an appropriate investment which can be made by Governments to stimulate the private sector in Northern Queensland and will be amongst the region’s highest priorities for accessing the $5Bconcessional loan facility. Transmission and distribution assets have a very long life and can contribute to growth now and generate a return over 40+ years. The appropriate projects for this investment are unregulated connection assets which facilitate private sector activity. Examples of key electricity transmission lines well placed to stimulate the Townsville North Queensland economy are those allowing the Northern Galilee Basin and Kennedy Energy Park access to the national market. The recent announcement of the pipeline to connect the Northern Territory gas fields to Mount Isa is an extremely positive step for Northern Queensland and Northern Australia more broadly. The appropriate next investment is to ensure full integration by connecting the North Queensland Gas Pipeline from Moranbah / Bowen Basin to the Queensland Gas Pipeline (Wallumbilla to Gladstone / Rockhampton). This would enable adequate supply for industry in Northern Queensland.

047


PRIORITY INFRASTRUCTURE WATER

Increased bulk water is required to support urban, resource and agricultural development:

Water, like energy, is a key enabler for the region, in terms of both water security for a growing population and economic growth in the resources and agricultural sectors. Appropriate water management and trading arrangements are required initially for the Upper Burdekin and Flinders Catchment areas, with some work in this area underway.

Urban

Townsville Enterprise has a current Expression of Interest underway as part of the National Water Infrastructure Development Fund to develop a regional water security plan encompassing increased capacity in the Burdekin Falls catchment, a new dam at Hell’s Gate and associated pipeline and treatment infrastructure and management plans.

• A new water treatment plant at Toonpan is required with the first stage required by 2021 at a current cost of $130M.

Increased bulk water storage supporting both agriculture and urban development in the region is essential. Two defined projects are ideal to support this objective.

• A n upgrade of the Haughton Channel capacity is required at a cost of up to $90M.

Townsville currently has two to three years of demand in storage capacity at full supply level, in comparison to south east Queensland’s dam storages in the order of 10 years’ supply.

• A n increased capacity of the pipeline from the Haughton River to Ross River Dam is required by 2022 at a current cost of $157M.

Resources CONSTRUCTION OF A NEW DAM Extensive analysis has identified the optimal water storage site within the region is located at Hell’s Gate. Extensive arable land is available in the area and water infrastructure and transportation can be achieved without crossing the Great Basalt Wall. Significant irrigated agricultural land would result. This would also create water supply security, tourism and recreational benefits with an asset life of over 100 years. A number of significant renewable and/or biofuel projects could be enabled by a secure water supply from this project, in addition to significant expansion of the northern cattle industry. Any dam development in the Upper Burdekin Basin will necessitate amendment of the Burdekin Water Resource Plan and Resource Operating Plan to ensure appropriate allocations of water for social, commercial and environmental requirements. E XPANSION OF AN EXISTING DAM The Federal Government’s Water Infrastructure Options Paper 2014 outlined a raising of the Burdekin Falls Dam by two metres would increase capacity by 590,000ML to a total capacity of 2,445,000ML, providing additional water supply security for the Burdekin region. This project is at the stage of Assessing Feasibility, work which would be strongly supported by regional stakeholders. While 40,000ML is currently available, it is essential the feasibility work is undertaken immediately so construction can commence as demand triggers.

048

• U nlocking of the Galilee Basin will require a pipeline from the Burdekin Falls Dam to the northern section of the Basin. Agriculture • A weir in the Charters Towers region is required to support the Regional Council in urban water security and local agricultural development at a cost of $10M. The above requirements are based on the infrastructure required using a ’business as usual’ approach. Australian companies are developing innovative distributed recycled facilities which may make a regional water security package more environmentally and economically sustainable. A Townsville North Queensland Water Security Package with a number of staged developments to facilitate urban water security, enhanced agricultural capacity and unlocking the Galilee Basin is critical to the economic prosperity of the region.


PRIORITY INFRASTRUCTURE TRANSPORT (RAIL)

Issues regarding rail infrastructure gaps exist in three categories: • I mproving the cost competiveness of rail – lowering unit costs to sustain and grow current industries (particularly agriculture and resources) – and improved amenities by transferring bulk freight volumes from road to rail. • E nsuring capacity meets demand – reliable delivery to the market(s) that promotes investor confidence. • D evelopment of new infrastructure – that assists the ‘first mover’ triggering additional proponent investment. The Townsville Eastern Access Rail Corridor (TEARC) is the single most popularly supported infrastructure project by stakeholders. This project will deliver efficiency to industry, increased capacity to the Port of Townsville, amenity to the community, construction and employment within the region. It is the essential next step in the supply chain which connects one of the world’s richest minerals provinces with its global market. Pre-feasibility work has been completed; the next step is the business case which is strongly endorsed by the region. The Galilee Rail Corridor is a considerable piece of infrastructure certain to unlock the next great coal province to propel the economic development of Northern Queensland – the Galilee Basin and Bowen Basin. Up to nine significant projects are in varying stages of development and would be supported by this multi-user rail line. This is the embodiment of the visionary and Nation building projects necessary to achieve the goals of the Northern Australia Development Agenda. Unlocking the Galilee Basin is the single largest lever for development facing the region, to do so will require investment in multi-user rail, electricity and water infrastructure, reducing first mover risk. This new line must be constructed as standard gauge rail in keeping with global standards and reflecting efficiency and the fact that over time Queensland must move towards standardisation with the rest of Australia. Upgrade of the Townsville to Mount Isa rail line to improve rolling stock capital utilisation by increasing the average speed from 38km/h to greater than 50km/h. Rolling stock is approximately two thirds of the total rail haulage costs from Mount Isa to Townsville so improving the capital utilisation of rolling stock through reduced cycle times will have the largest

impact on rolling stock efficiencies. The rail corridor capacity exceeds current and near future demand so this initiative is initially to improve the unit cost base of the rolling stock (improve competitiveness). A feasibility study into this project was announced by the then Deputy Prime Minister in July 2015. All three of these rail projects are considered imperative to support the growth of industry, and thus jobs and population, in Townsville North Queensland. These projects are the embodiment of appropriate investment which can be made by Governments to stimulate the private sector in Northern Queensland and will be amongst the region’s highest priorities for accessing the $5BNorthern Australia Infrastructure Facility. Such rail infrastructure has a very long life and can contribute to growth now and generate a return over 40+ years. The Port of Townsville underpins every sector of the current and future Northern Australia economy such as agriculture, resources (processing and mining), construction, tourism and Defence. Abbott Point supports the export of coal which is critical to the advancement of mining projects located in the Galilee Basin. These two ports are complementary in service provision and it is essential both have the approvals, finance and support to operate and expand as required to grow in support of a developing Northern Australia, particularly in relation to exports. The outer harbour development of the Port of Townsville is viewed as important for the long term future of the region. The future policy on maintenance dredging requires clarity to eliminate uncertainty for further investment. The efficiency of the Port of Townsville can be improved with upgraded or new complementary infrastructure such as the TEARC) and available developed land in close proximity to the port (Townsville State Development Area). Strong and decisive action is required to commence Abbott Point’s capability to support the development of the Galilee Basin. Expansion of the Port of Townsville is an ideal project to be considered under the Northern Australia Infrastructure Facility. Townsville is the natural distribution hub for the growing economy of Northern Australia. The breakwater is the essential first step, along with the associated swing basin and additional berths.

049


SEEKING FUNDING SECTOR

NUMBER OF PROJECTS

SUM OF INVESTMENT ($M)

Agriculture

1

5.0

Community Infrastructure

5

203.5

Industrial

1

-

Logistics

5

38.0

Sport and Recreation

6

389.1

Tourism

1

-

Utilities Infrastructure

6

24.5

25

660.1

GRAND TOTAL

PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Riverway Rowing Club - Extension of club-house facility

Rasmussen

Riverway Rowing Club

2.1

onstruction of an extension of ground floor area to enable the storage of passive watersports equipment including rowing boats, C kyacks, canoes, stand-up paddle boards; a first floor club house facility incorporating the ability to provide cafĂŠ style meals to club members and members of the public. Townsville Disaster Coordination Centre

Townsville CBD

Townsville City Council

5.7

ownsville Disaster Coordination Centre to manage and coordinate recovery from disasters. Building to survive and continue T operating in a category 5 Cyclone. Townsville Driver Education and Motor Sports Precinct - DECAMAG

Calcium

DriveIt NQ Limited (NFP entity)

25.0

Construction of a motorsport precinct on southern outskirts of Townsville. Townsville Integrated Stadium and Entertainment Centre

South Townsville

Townsville City Council, Townsville Enterprise Limited

380.0

Combined facility in the Townsville CBD. $100M partial funding commited by Queensland Government with a further $280M being sought. Waterfront Promenade Project

Townsville CBD

Townsville City Council

195.0

pproximately 35km network of pathways and enabling infrastructure, including 2.8km of high quality waterfront pathways, to A connect the dining, entertainment, cultural and retail precincts of the CBD via the Ross Creek waterfront.

050


SEEKING FUNDING PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Alva reticulated sewer system

Alva, Burdekin Shire

Burdekin Shire Council

4.2

Installation of a sewage treatment plant to service the coastal village of Alva. Ayr-Dalberg Road flood mitigation

Burdekin Shire

Burdekin Shire Council

-

Upgrade of the key road connecting the townships of Dalberg, Millaroo and Clare with the centres of Ayr and Home Hill. Bruce Highway - Queen Street to Rossiters Hill flood mitigation

Burdekin Shire

Burdekin Shire Council

-

Groper Creek, Burdekin Shire

Burdekin Shire Council

3.7

Flood management with road access.

Groper Creek reticulated sewer system

Installation of local sewage treatment plant and reticulation for the Groper Creek village community. Marine Facilities - boat ramp/s and on-shore Infrastructure

Burdekin Shire

Burdekin Shire Council

8.0

Home Hill

Burdekin Shire Council

-

Boating facilities. Multi-purpose hall and cyclone shelter - Home Hill

Multi-purpose hall at the Home Hill State High School, reinforced to withstand Category 5 cyclones. Is currently stalled. Plantation Creek crossing flood mitigation

Burdekin Shire

Burdekin Shire Council

30.0

igh level bridge to improve flood immunity of the Bruce Highway at the notorious flooding spot between Queen Street and H Rossiters Hill, a key part of the road connection from Ayr to Home Hill. Replacement of Ayr Olympic standard swimming pool

Burdekin Shire

Burdekin Shire Council

10.0

Upgrade of outdated facilities to preserve the pool and add disability access. Replacement of Home Hill Olympic standard swimming pool

Home Hill

Burdekin Shire Council

10.0

Ayr, Burdekin Shire

Burdekin Shire Council

10.7

Upgrade of outdated facilities. Sutcliffe Estate reticulated sewer system

Installation of pressure sewage system and rising main to service the Sutcliffe Estate, located between Ayr and Alva. Upgrade of Utilities Switchboards Infrastructure

Burdekin Shire

Burdekin Shire Council

3.8

igh voltage utilities switchboards have been operational for over 60 years and are faulting. Continued faulting could endanger personnel H safety during switching. The upgrade will also provide significant savings in energy. There are 30 sub stations requiring upgrading. Dalrymple selling centre saleyard roof

Charters Towers

Charters Towers Regional Council

5.0

Construction of a solid roof structure over the selling pens to provide an all-weather selling centre.

051


SEEKING FUNDING PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Motor sports complex

Charters Towers

North Queensland Motor Sports Inc

26.0

ocal motor sport clubs and residents have united to develop a multi-use motor sport precinct. Construction has already been L completed on soft surface facilities, totalling $500K in works, with regular events being held however the combined facility requires funding to develop hard surface tracks and shared amenities. Over 55's Lifestyle Village & RV Tourist Park

Forrest Beach

Smith Family

-

Accommodation, RV parking in village setup at beautiful Forrest Beach. Beach communities sewerage scheme

Hinchinbrook Shire

Hinchinbrook Shire Council

-

pgrade of sewerage treatment facilities at Halifax, Lucinda and Forrest Beaches. Stage 1 is upgrade of the centralised sewerage U treatment plant at Ingham for $30M, Stage 2 to sewer the beach communities for $30M. Ingham CBD master plan - Stage 2 - Lannercost St Plaza redevelopment - recreation & tourism area

Hinchinbrook Shire

Hinchinbrook Shire Council

0.7

tage 2 – Revitalisation of Ingham CBD in collaboration with James Cook University. Redevelopment of the main street in Ingham’s CBD S will promote growth in business across the region while enhancing lifestyle benefits for residents and a better experience for visitors. Road link from Wallaman Falls to Mt Fox and Paluma

Hinchinbrook Shire

Hinchinbrook Shire Council

-

Creation of a road link from Wallaman Falls to Mt Fox and on to Paluma for the drive tourism market. Pipeline from Bamboo Creek Dam to Francis Creek Dam

Palm Island

Palm Island Aboriginal Shire Council

2.1

Palm Island

Palm Island Aboriginal Shire Council

2.1

Fresh water management pipeline. Seawall construction from helipad to Doctor’s Point Extending the seawall.

052


SEEKING FUNDING INTEGRATED STADIUM AND ENTERTAINMENT CENTRE The Integrated Stadium and Entertainment Centre project is one of Townsville’s major infrastructure and regional development projects through to 2020.

$100M Queensland Government commitment already secured

PROJECT OVERVIEW Community leaders have a unified vision to develop a new precinct in the heart of the CBD that would comprise an iconic 25,000 seat international-standard stadium and a 6,000 seat entertainment facility. The proposed new home of the North Queensland Cowboys National Rugby League team, this multi-purpose facility will host national and international sporting events including rugby league and rugby union, as well as major music events, festivals and conferences.

COST $380M

LOCATION The Integrated Stadium and Entertainment Centre will be located along the banks of Ross Creek in the urban centre of Townsville. This prime location is adjacent to the Palmer Street dining precinct and public transport links. It will sit within the Townsville Waterfront Priority Development Area, which includes 63.7 ha of land directly adjacent to Townsville’s CBD located on both sides of Ross Creek and is one of Australia’s biggest urban renewal projects.

STATUS $100M in State Government funding has been secured and the Federal Opposition has committed to match this funding. A Queensland Government business case has been completed to attract further investment into the project. Analysis prepared by AEC Group in May 2016 demonstrated that the project has a net benefit over 30 years of $35M to Townsville.

053


SEEKING FUNDING TOWNSVILLE CBD REVIVAL Townsville is the largest city in Northern Australia, well connected to mining and agricultural regions and is strategically located to offer real opportunities as Australia’s gateway to Asia.

home each year. The population is growing faster than the State and national averages with a relatively young demographic profile and the seventh highest average income per capita in Australia.

JOB AND BUSINESS OPPORTUNITIES

COMMITTED TO HIGH QUALITY GROWTH

Townsville is well connected to Australia and the world, and has a unique mix of employment drivers contributing to its prosperity. Strategically located in relation to key Asian and global markets, the Port of Townsville is the region’s major sea link, exporting the vast mineral wealth of the North West Minerals Province and North Queensland’s extensive agricultural produce to the rest of the world. As one of the most diverse commodity ports in Australia, the Port of Townsville is undertaking significant expansion to facilitate future growth.

The time for investing in Townsville has never been better. Townsville City Council’s recent regulatory reforms have resulted in more efficient development approvals and a supportive business environment. The new Townsville City Plan and the exciting Townsville City Waterfront Priority Development Area create a strong vision for the city’s future and the evolution of the CBD. The Jobs and Investment Program offers financial development incentives, and strategic management of Council land has opened up development opportunities in the city centre.

The Townsville International Airport is a well-located aviation hub, servicing a broad region of northern Queensland with direct flights to Australian capital cities. International flights have returned to the Airport and there is a $40m expansion of the existing facilities underway.

LOOKING FORWARD

The Townsville region is the largest education centre in North Queensland with a concentration of world-class education and training facilities. Townsville has a competitive research advantage due to its proximity to the Great Barrier Reef and has an established base of globally recognised tropical knowledge and expertise.

A STRONG ECONOMY The Townsville region is one of vision, progress and opportunity. Industry diversity, government investment and high quality infrastructure underpin Townsville’s role as the commercial and services hub for North Queensland’s minerals, coal, agricultural, tourism and tropical sciences sectors. The Townsville economy had Gross Regional Product of over $13B in 2014/15, an increase of 4% on the previous year. No single sector of industry contributes more than 15% to the regional economy, with five key sectors contributing over 7% each to the GRP – real estate, public administration, manufacturing, construction and health care. The current Townsville regional population is almost 230,000. An enviable lifestyle and natural environment are leading more and more families to choose to make Townsville their

054

Townsville offers real opportunities in land and property development, with untapped potential in prime inner-city land in the most vibrant tropical city in Australia. With the strength of a diverse economy and a regulatory and business environment that supports investment, Townsville offers a rare opportunity for growth and stability during current tough economic times.

FOR MORE INFORMATION: Website: www.townsville.qld.gov.au > For Business > Economic Development Email: investtownsville@townsville.qld.gov.au Phone: +61 1300 878 001


SEEKING FUNDING

055


Integrated Stadium and Entertainment Centre Concept


PROJECT PIPELINE

057


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058


PROJECT PIPELINE This report includes key upcoming developments and is designed to highlight the future direction of Townsville North Queensland over coming decades. Developments are across three sections to clarify their stages of development – short term, medium term and potential pipeline projects.

Medium Term Pipeline: Projects that are fully defined and have some approvals but are still in the early stages of the development process. A start date hasn’t been confirmed, but these projects have a high likelihood of commencing within five years.

Short Term Pipeline: Projects that are confirmed and almost shovel-ready, awaiting a start date. Most of these projects are planned to commence in the next 12 months.

Potential Pipeline: Projects that are still in the conceptual phase. While not yet fully documented or approved, they articulate a vision and shed light on the future of the region.

SECTOR

NUMBER OF PROJECTS – OUTLOOK SHORT

Accommodation

MEDIUM

POTENTIAL

2

1

SUM OF INVESTMENT ($M) 1,260.0

Aged Care

1

2

153.0

Agriculture

1

1

10.0

Arts Commercial

1

Community Infrastructure

1

1

1

15.0

2

2

55.0

1

1.2

Defence

6

Education

4

Energy

1

Environmental

1

1,440.8 1

225.0 18.0

1

20.0

Health Infrastructure

1

70.0

Hospitality

1

25.0

Industrial

2

1

22.0

10

7

4,686.5

Logistics

9

Mixed Use

1

120.0

Renewable Energy

1

-

Research

1

100.0

Residential

8

3

Resources

3

7,675.8

1

700.0

Retail

9

2

Sport and Recreation

1

3

1

23.6

Tourism

1

2

2

77.0

Utilities Infrastructure

6

3

4

548.3

41

48

25

17,706.1

GRAND TOTAL

280.0

059


PROJECT PIPELINE NUMBER OF PIPELINE PROJECTS BY AREA IN TOWNSVILLE NORTH QUEENSLAND

11

11

BURDEKIN

CHARTERS TOWERS

86

4

2

HINCHINBROOK

PALM ISLAND

TOWNSVILLE

The two most prevalent industry sectors throughout the Project Pipeline are residential housing and logistics, accounting for more than half of the total potential project value. The residential industry sector has a large number of proposed projects; it is important to remember many of these housing estates develop over extended time frames as dictated by demand.

PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

20.0

Medium Term

409.9

Medium Term

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Aged Care facility

Douglas

James Cook University

Aged care facility with 140 bed high-care with training links to James Cook University. AIR 5431 Phase 2&3 - Defence Air Traffic Management System and ADF Air Traffic Control Complex Infrastructure project

RAAF Base Townsville, Garbutt

Commonwealth Government

ew Air Traffic Control tower, Airfield Systems building and radar facilities. Note investment value is the Nation wide project N investment. AIR 7000 Phase 2B - Maritime Patrol Aircraft replacement project

RAAF Base Townsville, Garbutt

Commonwealth Government

707.9

Medium Term

acilities and infrastructure to support new visiting Boeing P-8A ‘Poseidon’ maritime patrol aircraft. Includes runway extension, taxi F through rinse facility, taxiway works and modifications to Maritime Ordnance Loading Aprons. Note investment value is the Nation wide project investment. Bluewater Airport - Training & Freight

Bluewater

Bluewater Airports

300.0

Potential Pipeline

Carinity

33.0

Medium Term

Airport for Training and Freight in Bluewater. Carinity Aged Care Facility Stages 2-5

Idalia

Expansion to include 65 independent living units.

060


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

25.0

Short Term

60.0

Medium Term

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Castlepoint Apartments Stage 2

Belgian Gardens

Blue Sky Alternative Investments

98 unit complex on Bundock Street, second and final stage consists of 49 units. CBD accommodation complex

Townsville CBD

PDS Qld

Complex featuring mixture of short and long term accommodation units along with office and retail space. CBD Student Accommodation

Townsville CBD

Townsville City Council, James Cook University

-

Potential Pipeline

Feasibility being done into the possibility of repurposing existing office buildings for student accommodation. City Express

Townsville CBD

Lancini Property & Development, Northern Management Group

5.0

Short Term

Inner city service centre with an existing McDonalds, second phase to includes a petrol station and fast food outlet. CityPoint redevelopment

Townsville CBD

Lancini Property & Development

10.0

Medium Term

Redevelopment and expansion of current CBD Woolworths site into retail and commercial office space. Civic Theatre refurbishment

Railway Estate

Townsville City Council

9.7

Medium Term

Oonoonba

Townsville City Council

51.0

Short Term

Upgrade of theatre facilities. Cleveland Bay Purification Plant Process Upgrade Project

technical process engineering upgrade of existing sewage treatment process assets to accommodate the full process treatment A of three times the average dry weather flow (87 megalitres per day) continuosly for 30 days to ensure continued compliance with environmental requirements for effluent discharge. Cluden Transport and Warehouse precinct

Cluden

AIS Investments

-

Potential Pipeline

New industrial estate for transport services with lots from 5,788m2 up to 20ha. Located at the southern approach to town. Sale and lease options available. Cornerstone building

Douglas

James Cook University

35.0

Medium Term

xpression of Interest open for a mixed use accommodation building containing serviced apartments, medi-hotel, short stay E accommodation, conference facilities, a bar and a restaurant. Cowboys Leagues Club additional premises

Mt Louisa

Cowboys Leagues Club

25.0

Medium Term

11.0

Medium Term

Additional leagues club facility planned for 3-5 years time. Dalrymple Road widening

Kirwan

Townsville City Council

Widening from two to four lanes between Thuringowa Drive and Kern Brothers Drive intersections. DHA - Aitkenvale project

Aitkenvale

Defence Housing Australia

-

Potential Pipeline

Medium density residential project across a 6.24ha site. Currently in early planning phase.

061


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

1,200.0

Medium Term

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Discovery Rise

Douglas

James Cook University

ulti-stage community precinct at James Cook University's Douglas campus. Plans to include a mix of residential units, serviced M apartments, accommodation, and commercial space for services such as private health, hospitality and knowledge based industries. Echlin Street Reservoir

West End

Townsville City Council

9.1

Short Term

Construction of a new reservoir to service the CBD as part of the $43M CBD utilities upgrade program. Due to begin mid-2015. Elizabeth Street unit complex

Aitkenvale

Parkside Developments

20.0

Short Term

Idalia

Lancini Property & Development

30.0

Short Term

12.0

Short Term

56 unit complex. Fairfield Central Stage 3

Expansion of shopping centre to include a Coles full line supermarket and speciality retail. Fairfield Central Stages 4 & 5

Idalia

Lancini Property & Development

Expansion of shopping centre to include a retail high street, tavern, liquor barn and a range of speciality tenancies. Fairfield Waters commercial and unit complex Stage 1

Idalia

Idalia Investments

-

Potential Pipeline

-

Potential Pipeline

Commercial space complex with 16 residential units above. Fairfield Waters commercial and unit complex Stage2

Idalia

Idalia Investments

Commercial space complex with residential units above. Garland Road / Bohlevale School Rd / railway Intersection Upgrade

Bohle

Townsville City Council

8.4

Medium Term

Townsville CBD

PDS Qld

50.0

Short Term

Intersection upgrade. Great Barrier Reef Cultural Centre

Commercial, retail, tourism and cultural education centre of excellence. Building with the Indigenous Trust Einstand Pty Ltd. Greater Ascot Town Centre Stage 1

Bohle

Parkside Developments

10.0

Short Term

300.0

Potential Pipeline

Stage 1 of town centre for the Greater Ascot residential development. Harbour City development

South Townsville

Port of Townsville Ltd

evelopment of Ross Creek waterfront land, currently owned by the Port of Townsville, into a commercial, residential and D community space. Master plan is currently being developed. Haughton water pipeline duplication

Townsville

Townsville City Council

218.0

Medium Term

ipeline between Burdekin and Ross River Dams, capable of pumping 198ML a day, to guarantee Townsville's water supply for the P next 50 years. Hugh Street shopping centre

Currajong

Parkside Developments

Neighbourhood shopping centre on the former rugby grounds in Hugh Street.

062

32.0

Short Term


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

-

Short Term

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Ideas Market

Douglas

James Cook University

new village centre at the intersection between the Hospital and the University, being a commercial and community space that will A encourage private investment and confidence in the long term viability of Townsville's Knowledge Precinct. Iluka Property development

Wulguru

Pointcorp Development

-

Medium Term

ith 90% of the blocks achieving panoramic ocean views, these level, large blocks will provide the market with an amazing W opportunity. This unique estate is only 8 km to the CBD. Ingham Road 4 lane Upgrade (Mather St to Bruce Highway)

Bohle

Townsville City Council

40.0

Medium Term

Deeragun

Parkside Developments

72.0

Medium Term

Lavarack Barracks and RAAF Base Townsville

Commonwealth Government

276.5

Medium Term

Widening from two to four lanes. Kingston Park Estate 720 lot residential estate. Land 121 Phase 3 - replacement of the current fleet of Australian Defence Force Field Vehicles, Modules and Trailers.

rovision of facilities and infrastructure to accommodate new vehicle fleet. Note investment value is the Nation wide project P investment. Land 17 Artillery replacement facilities

Lavarack Barracks, Murray

Commonwealth Government

46.5

Medium Term

efurbished working accommodation and gun hangars for elements of 4th Regiment, Royal Australian Artillery. Note investment R value is the Nation wide project investment. Lionel Turner Drive upgrade

Bushland Beach

Townsville City Council

14.0

Medium Term

40.0

Short Term

S taged construction of two lanes from Mount Low Parkway to Northshore Boulevarde. Manolis Centre - Rasmussen Stages 1/2/3

Rasmussen

Griffin Group

"The Manolis Centre redevelopment is a reconfiguration, upgrade and expansion of the existing retail, convenience, fast-food and service station precinct. The staged project will deliver two new drive-thru operators; new 4,000m2 supermarket tenancy; 1,000m2 of speciality NLA and upgrade of the car parking/surrounding areas." Marine & Aquaculture Research Facilities Unit

Townsville CBD

James Cook University

100.0

Medium Term

5.5

Short Term

14.0

Short Term

Contemporary marine and aquaculture research complex. Mt Louisa Reservoir

Mt Louisa

Townsville City Council

New 22ML water storage reservoir in Mount Louisa. North Shore Homemaker Centre

North Shore

Stockland Development Pty Ltd

Bulky goods retail centre.

063


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

13.5

Short Term

14.3

Short Term

300.0

Medium Term

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Piccadilly Apartments Stage 1

Townsville CBD

Honeycombes Property Group

38 unit apartment complex on Flinders Street West. Piccadilly Apartments Stage 2

Townsville CBD

Honeycombes Property Group

41 one, two and three bedroom apartments in the central precinct of Flinders Street West. Port of Townsville Berth 10X

South Townsville

Port of Townsville Ltd

onstruction of two new berths to support growing general cargo, Defence and cruise activities. Construction timing subject to C commercial negotiations. Port of Townsville Berth 12

South Townsville

Port of Townsville Ltd

150.0

Medium Term

onstruction of a new berth to support the export of bulk mineral products mined in the North West Minerals Province. C Construction timing subject to commercial negotiations. Port of Townsville channel widening

South Townsville

Port of Townsville Ltd

200.0

Short Term

Plan to widen the channel to receive larger container, fuel, car, general cargo and cruise vessels at the Port of Townsville. Queens Hotel Redevelopment Mixed Use development - King St Precinct - Stage 1

Townsville CBD

Griffin Group

120.0

Medium Term

" Stage 1 comprises a Strand public plaza connection through the site connecting The Strand to Flinders Street; Two way traffic upgrade to The Strand, King Street, Flinders Street and Wickham Street. Refurbished Queens Hotel, function spaces and boutique commercial office accommodation. 6,000m2 of commercial space and 40 residential units." RAAF Base Townsville Refresh

RAAF Base Townsville, Garbutt

Commonwealth Government

-

Medium Term

Upgrade and refurbishment of existing facilities and infrastructure. Rasmussen residential estate

Rasmussen

Wingate Communities

130.0

Short Term

Douglas

Blue Sky Alternative Investments

15.0

Short Term

1,400 lot residential estate. Riverside Gardens Stage 3

partment complex to feature 100 one, two, and three bedroom apartments. Stage 3 consists of 38 units. Construction commence A late 2015. Riverway Express

Condon

Halcorp

2.0

Short Term

100.0

Short Term

8.8

Short Term

Drive thru fast food amenity in the Condon area. Riverway retirement resort

Condon

Parkside Developments

540 home retirement complex with 120 bed high-care nursing facility. Roadworks - Local Network Townsville - Various Projects - 2016/2017

Townsville

Various road projects including Bohle Crossing.

064

Department of Transport & Main Roads


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

89.5

Short Term

7,000.0

Short Term

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Roadworks - National Network - Townsville - Various Projects 2016/2017

Townsville

Department of Transport & Main Roads

Various road projects including Bruce Highway upgrades. Rocky Springs residential development

Julago

Lendlease

Development of a satellite community with 12,000 residential dwellings and commercial and commuity facilities. Shaw Business Park

Deeragun

Stateland

12.0

Medium Term

Townsville Catholic Diocese

9.0

Medium Term

Townsville City Council

23.6

Short Term

25ha area for 47 light and service industry lots. Southern Cross Catholic College Stage 2

Annandale

Expansion of secondary school facilities. Southern Suburbs Sewerage Main

Annandale/ Oonoonba

1.15km rising main pipeline through the suburbs of Annandale and Idalia before crossing the Townsville State Development 1 Area to the Cleveland Bay Sewerage Treatment Plant. It will provide new capacity for the key Defence and economic precincts of Lavarack Barracks, the Townsville Hospital and James Cook University. State School at Burdell Primary

Burdell

Queensland Education Department

90.0

Short Term

90M over four years to build a new primary school within the North Shore Estate at Burdell, and begin planning works for a new $ secondary school in the area. State School at Burdell Secondary

Burdell

Queensland Education Department

-

Medium Term

50.0

Medium Term

Beginning planning works for a new secondary school in the area. Stockland Aitkenvale shopping centre expansion

Aitkenvale

Stockland Development Pty Ltd

Expansion to include a new restaurant, catering shop, cinema, gymnasium, medical centre and car park. Storm water drains

Townsville

Townsville City Council

38.7

Short Term

Storm water drains from new subdivisions as part of Townsville City Council capital works program. Stuart Transfer Station

Stuart

Townsville City Council

12.0

Medium Term

Project will construct up-to-date waste facility allowing safe collection of public waste prior to transfer to landfill. Subdivision roads

Townsville

Townsville City Council

64.5

Short Term

75.0

Medium Term

Roads from new subdivisions as part of Townsville City Council capital works program. Technology & Innovation Centre (New Engineering Centre)

Douglas

James Cook University

he engineering building will be a contemporary complex designed to meet the future need of the College of Science, Technology T and Engineering. It will replace existing buildings at the end of life and no longer fit for purpose.

065


PROJECT PIPELINE PROJECT

LOCATION

INVESTMENT ($M)

START DATE

40.0

Medium Term

46 The Strand Pty Ltd

17.0

Short Term

Colonial Leisure Group

30.0

Short Term

PROPONENT

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) The Orchard Estate

Jensen

Elements NQ

Starting in 2016 - Residential estate around Mt Kulburn. The Strand unit complex

North Ward

41 unit apartment complex on The Strand. The Ville Casino redevelopment

North Ward

edevelopment of Jupiters Townsville Hotel & Casino as part of a business rebranding. To include additional restaurant and hotel R facilities to create an entertainment precinct. Tompkins Road industrial estate

Shaw

Elements NQ

10.0

Medium Term

Toolakea

DWC

30.0

Potential Pipeline

77 lot industrial development. Toolakea developments

urrent application for large rural residential lots, eco-tourism development and local services development. Expected to C incorporate residential, commercial and eco-tourism when completed. Townsville Airport upgrade

Garbutt

Queensland Airports Ltd

40.0

Short Term

xpansion of terminal to cater for forecasted growth. Plans include additional check-in kiosks, security screening, seating and retail E facilities as well as new airline lounges. Townsville Eastern Access Rail Corridor (TEARC)

South Townsville

Port of Townsville Limited, Queensland Rail

300.0

Potential Pipeline

new rail line to improve the rail access into the Port of Townsville to increase efficiency and remove train interaction in residential A areas. Plan to increase capacity to meet growing bulk cargo demand and allow for the increase in the length of trains, minimising the rail bottlenecks during peak times. Total investment estimate $10M Feasibilty & $300M to build. $150M promised as part of the 2016 Liberal party’s election campaign. Townsville Field Training Area mid term refresh

Townsville Field Training Area

Commonwealth Government

-

Medium Term

70.0

Medium Term

Upgrade and refurbishment of existing facilities and infrastructure. Townsville Mater Hospital redevelopment

Pimlico

Mater Health Services

he first stage of the development will include new medical imaging facilities, expanded day surgery and four additional operating T theatres. Construction of this $42M stage is expected to begin in the latter part of 2016 and be completed within three years. Townsville Port Expansion project - Stage 1

South Townsville

Port of Townsville Ltd

410.0

Medium Term

onstruction of up to six new berths with associated dredging and reclamation of approximately 100ha of back-up land. Stage 1: C Berth 12 & Channel Widening. Townsville Port Expansion project - Stage 2

South Townsville

Port of Townsville Ltd

440.0

Medium Term

onstruction of up to six new berths with associated dredging and reclamation of approximately 100ha of back-up land. C Stage 2: Berth 13, 14 & 15.

066


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

480.0

Medium Term

SECTOR

TOWNSVILLE (Projects valued at greater than $5M) Townsville Port Expansion project - Stage 3

South Townsville

Port of Townsville Ltd

onstruction of up to six new berths with associated dredging and reclamation of approximately 100ha of back-up land. Stage 3: C Berth 16 & 17. Townsville Recreational Boating Park (TRBP) - Stage 2

Railway Estate

Townsville City Council

Short Term

5.0

ccess to one more boat ramp (four additional boat lanes) with floating walkway. Includes: access to 30m pontoon, 140 parking A spaces, additional wash down bays, stormwater upgrade, lighting and CCTV and additional land scaping. Townsville Recreational Boating Park (TRBP) - Stage 3

Railway Estate

Townsville City Council

-

Potential Pipeline

51.0

Potential Pipeline

Final stage of the TRBP project, adding commercial facilities. University Linked High School

Townsville CBD

James Cook University, Queensland Government

roposal to repurpose or rebuild on Western Campus site for a University Linked High School. Feasibility study completed in 2013 P being re-examined. Staged. Upgrade Hervey Range Road

Black River

Department of Transport & Main Roads

Short Term

6.2

liminate the last remaining narrow sections of Hervey Range Road commenced in November 2015 with detailed design work for E the project now underway. The design and planning work will determine the highest priority sections along Hervey Range Road that require widening and strengthening within the available funding. Water infrastructure to new subdivisions

Townsville

Townsville City Council

Short Term

25.4

Water infrastructure connection to subdivision lots as part of Townsville City Council capital works program. Water services upgrade

Townsville

Townsville City Council

165.0

Medium Term

Completion of ring main from southern suburbs to Cleveland Bay as part of capital works program. William Angliss Drive / Mervyn Crossman Drive Intersection Upgrade

Annandale

Townsville City Council

4.0

Short Term

Kirwan

Dexus Property Group

75.0

Short Term

Intersection upgrade. Willows Shopping Centre expansion Stages 2 and 3

It is planned that the Centre will become four times bigger as part of the 20 year master plan with a floor space of 82,500 m². The next stages as part of a $75M expansion will comprise a new Kmart and relocation of the existing Woolworths.

067


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

10.0

Short Term

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Astaxanthin Project

Ayr

MBD Energy

I ndustrial scale micro algae production facility to produce an algae high in Astaxanthin to be sold on to a chemical and nutrition company. Ayr Aerodrome master plan

Burdekin Shire

Burdekin Shire Council

-

Potential Pipeline

1,400.0

Potential Pipeline

Development of a 20 year plan for the aerodrome. Burdekin River second crossing

Burdekin Shire

Burdekin Shire Council

rovision of a second road crossing for the Bruce Highway over the Burdekin River to expand on heavy vehicle and wide-load access P of the current two-lane bridge. Clare Solar Farm

Clare

FRV

-

Medium Term

he final design of the project prior to construction will determine the plant configuration, layout and specific equipment to be used, T as well as the solar farm’s electricity generating capacity. At this stage, a capacity of up to 150MW is envisaged. The agreement with Origin Energy Ltd for power purchase has been secured with other key planning and development also approved. Expansion of southern irrigation area

Burdekin Shire

Burdekin Shire Council

-

Potential Pipeline

Distribution infrastructure to provide water delivery to the southern end of the Burdekin Shire. Majors Creek-Haughton River crossing project

Burdekin Shire

Burdekin Shire Council, Wilmar Sugar

20.0

Potential Pipeline

reation of a high-level crossing of the Haughton River, consisting of road and/or rail, upriver of Majors Creek. This would create C easy access to up to 3,500 ha of agricultural land. Price is dependant on road/rail design. MBD Energy water remediation project

Burdekin Shire

MBD Energy

10.0

Medium Term

-

Potential Pipeline

Project to assist with cleanup of water at aquaculture and sugar cane farms. Minor raising of Burdekin Falls Dam including hydroelectricity (inclusive of Water for Bowen)

Burdekin Shire

Burdekin Shire Council

xpansion of the Burdekin Dam to service agriculture diversification and expansion in the Burdekin and Whitsunday Shires and the E longer terms needs of Townsville and the Galilee Basin. Replacement of Haughton River bridge

Burdekin Shire

Burdekin Shire Council, Department Transport and Main Roads

500.0

Potential Pipeline

Construction of a higher level bridge and road approach to improve flood immunity for the Haughton River crossing near Giru. Roadworks - National Network - Burdekin - Various Projects 2016/2017

Burdekin Shire

Department of Transport & Main Roads

39.1

Short Term

Various road projects including Bruce Highway upgrades and crossing upgrades for Haughton River and Pink Lily Lagoon. Wongaloo Regional Park

Burdekin Shire

Wetland Grassland Foundation

10.0

Potential Pipeline

evelopment of an eco-tourism park between Townsville and Ayr. Visitor centre and walking trails and bus tours of area. Sight D viewing areas with platforms to enable full landscape views. Future development for glamping.

068


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Administration Centre development

Charters Towers

Charters Towers Regional Council

5.0

Medium Term

Charters Towers

Charters Towers Regional Council

1.6

Medium Term

-

Potential Pipeline

10.0

Medium Term

Administration centre. All abilities playground

Playground to be built in the Mosman Creek corridor. Burdekin Irrigation Scheme

Charters Towers

Charters Towers Regional Council

Irrigated cropping system along the Burdekin River. Burdekin River agricultural precinct

Charters Towers

Charters Towers Regional Council (in conjunction with adjacent landowners)

evelopment of major new irrigated cropping areas to facilitate additional agricultural production. Includes detailed soil studies and D agricultural viability studies into the land and water within the Upper Burdekin River catchment suitable for irrigation. Expression of Interest for securement of 10,000ML from Upper Burdekin strategic reserve has been lodged. Charters Towers data centre

Charters Towers

Charters Towers Regional Council

-

Medium Term

Council is calling for specialised consultancy to establish initial project scope and business model. Mosman Creek recreation corridor

Charters Towers

Charters Towers Regional Council

12.0

Medium Term

-

Short Term

Next stage of the recreation facilities following the completion of walking tracks. Reconstruction of Mayne Dam on Spyglass Beef Research Facility

Charters Towers

Department of Agriculture, Fisheries and Forestry

endering stage for “design and construct” service to reconstruct this water storage dam. The tender includes design and T construction of earth dam walls and the inclusion of two spillways to handle a 1 in 100 years rainfall event. Roadworks – National Network – Charters Towers – Various Projects – 2016/2017

Charters Towers

Department of Transport & Main Roads

1.2

Short Term

5.0

Medium Term

5.3

Potential Pipeline

2.0

Medium Term

Various road projects on the Gregory Development Road. Water Playground

Charters Towers

Charters Towers Regional Council

To be located at the Charters Towers pool complex. Wherry House development

Charters Towers

Charters Towers Regional Council

Redevelopment of a local heritage listed building. Wildlife Sanctuary

Charters Towers

Charters Towers Regional Council

evelopment of a sanctuary to support vulnerable, threatened and endangered birds and mammals, including a Bat Sanctuary, D through the rehabilitation of degraded areas of historical mining fields at Youngs Block.

069


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

START DATE

-

Potential Pipeline

SECTOR

TOWNSVILLE NORTH QUEENSLAND (Projects valued at greater than $1M) Eco-tourism recreation master plan and infrastructure project for Wallaman Falls

Hinchinbrook Shire

Hinchinbrook Shire Council

uilding on the Great Walks network in the region, to expand multi-use access to the Wallaman Falls area to allow for hiking, B mountain biking, climbing, bungy jumpying and abseiling facilities. North-south road access

Ingham

Hinchinbrook Shire Council

-

Potential Pipeline

Upgrade of road connection between north and south suburbs of Ingham to provide flood immunity during heavy rain and flooding. Currently undertaking feasibility study. Retention basin

Ingham

Hinchinbrook Shire Council

-

Potential Pipeline

etention basin for the flooding of Palm Creek during heavy rain, in order to reduce risk of flooding between north and south of R suburbs of Ingham. Currently undertaking feasibility study. Roadworks - National Network Hinchinbrook - Various Projects - 2016/2017

Hinchinbrook Shire

Department of Transport & Main Roads

29.9

Short Term

Palm Island Aboriginal Shire Council

1.2

Potential Pipeline

Queensland Government

18.0

Short Term

Various road projects including Bruce Highway upgrades. Foreshore beautification

Palm Island

Palm Island foreshore beautification. Palm Island power station

Palm Island

ew diesel power station, built to accommodate possible future renewable energy innovations, to replace the current aged facility N and meet future demand.

070


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

COMPLETION DATE

6,800.0

Medium Term

6,400.0

Medium Term

SECTOR

SURROUNDING REGION (Significant projects)

Alpha Coal Project

Alpha, Barcaldine Region

GVK & Hancock Coal

32Mtpa open-cut coal mine. Currently delayed by legal challenges. Waratah Coal's Galilee Coal Project

Alpha, Barcaldine Region

Waratah Coal

aililee Coal Project (Northern Export Facility) - China First Coal Project integrated coal mine, railway and port facility project for the G export of thermal coal. Urannah Dam

Whitsunday Region

Burdekin Shire Council

-

Potential Pipeline

onstruction of a new dam in the Burdekin catchment, southwest of Collinsville. Viable opportunity to meet water supply demand C from proposed new mine developments, power generation proposals and industrial developments as well as creating a major irrigated agriculture area along the Bowen River. Aquis Great Barrier Reef Resort

Cairns

Aquis Group

8,150.0

Short Term

Integrated casino resort that will feature multiple hotels and restaurants, sport facilities including a golf course and a casino. Australian Institute of Tropical Health and Medicine Cairns facility

Cairns

James Cook University

25.5

Short Term

550.0

Short Term

Construction expected to commence end of 2015. C3 – one 24 storey high and two 23 level towers – in Sheridan St opposite the city’s convention centre.

Cairns

CIU1 Pty Ltd

hree tower residential project, including one 24 storey and two 23 storey towers. Construction of first tower expected to begin end T of 2016. Cairns Airport redevelopment

Cairns

North Queensland Airports

1,000.0

Medium Term

0 year development vision, including an enterprise precinct for aviation industry opportunities and a commercial enterprise 2 precinct. Cairns Innovation Centre

Cairns

James Cook University

50.0

Medium Term

mixed use building comprising an innovation centre and commercial tenancies. The Innovation Centre will house elements of the A the new Degree Course Bachelor of Electronic systems and the Internet of Things. Cairns southern access corridor Stage 2

Cairns

Commonwealth Government

58.0

2017

ruce Highway upgrade, with widening to six lanes planned between Sheehy Road and Ray Jones Drive. $46M of project committed B by Commonwealth Government. Tropical Condition Sports Complex

Cairns

James Cook University

30.0

-

Proposal for the development of a tropical conditioning sports complex for elite athletes, education and research.

071


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

COMPLETION DATE

14.0

Short Term

16,500.0

Medium Term

80.0

Potential Pipeline

SECTOR

SURROUNDING REGION (Significant projects) Solar power station

Normanton

Scouller Energy

Galilee Basin 160km NW of Clemont

Adani Mining

5MW solar PV power station. Carmichael Coal Mine and Rail project

Open-cut and underground coal mine with associated railway line. Cloncurry meat processing facility

Cloncurry

Cloncurry Shire Council

battoir located at Cloncurry. Queensland Government study found Cloncurry to be the best Western Queensland location for a A meat processing facility. Dugald River Mine

Cloncurry

MMG

1,860.0

2018

evelopment of base metals mine, with production expected to reach approximately 1.5Mtpa of ore and produce 160,000 tonnes of D zinc over a 28 year mine life. The Cloncurry Project

Cloncurry

Sichuan Railway Investment Group, Altona Mining Limited

294.0

2017-2018

evelopment of Little Eva, a large-scale copper-gold mine with an expected 11 year initial life of mine. Will produce 39,000 tonnes of D copper and 17,000 ounce of gold per annum. Etheridge Integrated Agriculture Project

78 km west of Georgetown

Integrated Food and Energy Developments

1,980.0

Medium Term

arge scale irrigated cropping, grazing and processing project. With 65,000 hectares of cropping land, including sugar cane and guar L bean, 241,000 hectares of grazing land and a bioprocessing precinct. Hughenden beef processing facility

Hughenden

Flinders Shire Council, NorthBEEF

52.8

Medium Term

ollowing a pre-feasibility study to develop an integrated meat processing facility on the Town Common site in Hughenden, two F different possible models have been costed, with Model 1 producing 59.1t/day and Model 2 producing 29.3t/day. Model 1 has been costed at $52.8M and Model 2 has been costed at $34.4M. Kidston Hydro Pumped Storage Project - 330 MW

George Town

Genex Power

-

Short Term

he development of a large-scale hydroelectric pumped storage generation project. The Kidston site has two large adjacent pits T which will act as the upper and lower reservoirs for the Pumped Storage Scheme. Given the significant potential water head differential that the pits offer, and the vast quantity of water the pits can hold, the Kidston scheme has been designed to support 1,650 MWh of continuous power generation in a single generation cycle. Kidston Solar Farm - 50 MW

George Town

Genex Power

-

Short Term

evelopment of a large-scale 50MW solar Farm with single-axis tracking. The Environmental Approval (EA) for Kidston Solar Project D and all Key milestone with all material project approvals are now in place. Mackay Airport redevelopment

Mackay

North Queensland Airports

902.0

Potential Pipeline

Redevelopment of Mackay Airport. $900M expansion plan to develop Mackay Airport as a key transport and freight hub.

072


PROJECT PIPELINE PROJECT

LOCATION

PROPONENT

INVESTMENT ($M)

COMPLETION DATE

380.0

Short Term

SECTOR

SURROUNDING REGION (Significant projects) Mt Emerald Wind Farm

Mareeba Shire Council

RATCH Australia / Port Bajool

Construction of a 63 turbine, 189MW wind farm between Atherton and Mareeba. EPBC approval received on 27/11/15. O’Connell Creek Water Storage & Irrigation Agriculture Project

Richmond

MITEZ, Richmond Shire Council

200.0

Potential Pipeline

Construction of a dam at O'Connell Creek to tie in with modernised irrigation strategies. Pre-feasibility studies completed. Richmond cattle loading facility

Richmond

Department of Transport and Main Roads, Richmond Shire Council

-

Medium Term

I n the preliminary Design Stage. Concerns about current cattle rail loading arrangements and the use of shunt tractors for loading individual wagons in Richmond. The aim is to reduce length of time between cattle being loaded on rail wagons and the final assembly/departure of the train. Dalrymple Scheme - New Dam with attached Agriculture Area

TBA

Townsville Enterprise Limited

1,300.0

Potential Pipeline

Townsville Enterprise has applied for Federal Funding to do a feasibility for a major new dam on the Upper Burdekin River. The dam could support sugar cane production and a sugar processing plant with a primary output of sugar and ethanol. Listed investment cost is for water and irrigation infrastructure. Collinsville Solar Farm

Collinsville

RATCH-Australia

100.0

Medium Term

olar photovoltaic plant on the site of the former Collinsville Power Station. Proposed capacity of 36MW, with estimated annual S generation of 80GW. Lindeman Island Resort

Whitsunday Region

White Horse Australian Lindeman Pty Ltd

600.0

Short Term

edevelopment of the Lindeman Island Resort, including over 300 suites and villas, dining and retail space, a 50 berth marina and R other guest facilities, as well as environmental enhancements. Whitsunday Coast Airport expansion

Proserpine

Whitsunday Regional Council

105.0

Potential Pipeline

Expansion plans to triple the terminal size and extend the runway to 2.4km at Whitsunday coast airport

073


Townsville CBD Aerial by Budd Photography 074


ECONOMIC SNAPSHOT

075


Presenting Partner:

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076


ECONOMIC SNAPSHOT Welcome to the Opportunity Townsville North Queensland Economic Snapshot. This report is designed to provide insight into the Townsville North Queensland economy using a crosssection of the most up-to-date available data.

All eyes are on Northern Australia and the significance of the Townsville North Queensland region has never been greater. The Economic Snapshot shows the continued strength and resilience of its population, economy and international connectivity.

With trends identified and comparisons to the wider State, this report is intended to not just paint a picture of how the regional economy is tracking, but also provide business with access to relevant data key to decision making.

Image by Cameron Laird

077


ECONOMIC SNAPSHOT TOWNSVILLE NORTH QUEENSLAND ECONOMY

$13.50B

236,629

$350K

GROSS REGIONAL PRODUCT

CURRENT REGIONAL POPULATION

MEDIAN HOUSE PRICE

REGION AT A GLANCE* KEY INDICATOR

2015

2016

CHANGE

Business Confidence (December 2015)

-0.5

-0.6

-0.1

Employment Participation Rate

62%

59.7%

-2.3%

107,400

Persons Employed (15–64)

(Nov 2015)

Median House Price

$345,000 1,869

New Building Approvals

(July 2014)

876,000

Domestic Overnight Visitors

Y/e Sept 2014

102,000

International Overnight visitors

Y/e Sept 2014

95,317

(Mar 2016)

$350,000

(Feb 2015)

-12,083 $5,000

1,521

348

(July 2015)

1,017,00

Y/e Sept 2015

122,000

Y/e Sept 2015

141,000 20,000

NATION AT A GLANCE* Australia GDP Growth

3%

Unemployment Rate

March 2016

Inflation

1.3% March 2016

RBA Cash Rate

1.75% May 2016

Population

23.78 million September 2015

078

5.7% March 2016

Average Price Residential Dwellings

$612,100

Queensland Gross State Product

$305.35 billion

Queensland Population

4.82 million

December 2015

December 2015

December 2015

Source: REMPLAN and Australian Bureau of Statistics


GROSS REGIONAL PRODUCT PROJECTED GROSS REGIONAL PRODUCT FOR MAJOR REGIONAL CENTRES IN 2031 CAIRNS $14.0bn

TOWNSVILLE $19.3bn

MACKAY $11.6bn PILBARA $88.7bn BOWEN BASIN - NORTH $17.3bn

GLADSTONE - BILOELA $17.8bn

MID WEST $12.9bn

DARLING DOWNS - MARANOA $12.3bn

TOOWOOMBA $12.1bn

RICHMOND - TWEED $12.8bn

NEW ENGLAND & NORTH WEST $12.5bn

GOLDFIELDS $13.4bn

MID NORTH COAST $10.7bn

BUNBURY $13.0bn

HUNTER VALLEY EXCL NEWCASTLE $25.2bn SOUTH AUSTRALIA - OUTBACK

$11.0bn CENTRAL WEST $17.4bn

SOUTH AUSTRALIA - SOUTH EAST

$11.5bn

NORTH WEST $10.9bn

CAPITAL REGION $11.4bn

LATROBE - GIPPSLAND $19.5bn

RIVERINA $12.0bn HUME $10.9bn

Source: Australian Infrastructure Plan, 2016

Infrastructure Australia predicts in the Australian Infrastructure Plan, released in February 2016, that Townsville will continue to be the second largest economy in Northern Australia in 2031. The Townsville economy is estimated to increase from the current GRP of $13.5B to $19.3B in the coming 15 years, indicating strong growth expectations. The Australian Infrastructure Plan clearly recommends capitalising on opportunities to develop the north:

The Northern Australia economy – that is, all of the Northern Territory and those parts of Queensland and Western Australia north of the Tropic of Capricorn – is growing quickly. This is particularly the case for north east Queensland in Townsville, Cairns and Rockhampton. These places will dominate the north in the coming decades because they have some of the highest population growth rates in the country. They also contain important sea ports, airports, major roads, railways and logistic centres that are gateways to Asia, which is likely to represent around two-thirds of the global middle-class population and consumption by 2031.

079


ECONOMIC SNAPSHOT GROSS REGIONAL PRODUCT FIGURE 1 V ALUE ADDED GROSS REGIONAL PRODUCT FOR TOWNSVILLE NORTH QUEENSLAND Rental, Hiring & Real Estate Services 14.1% Public Administration & Safety 13.1% Manufacturing 8.2% Construction 7.8% Health Care & Social Assistance 7.8% Education & Training 6.1% Retail Trade 5.3% Transport, Postal & Warehousing 4.8%

$13.5B

Financial & Insurance Services 4.7% Electricity, Gas, Water & Waste Services 4.6% Professional, Scientific & Technical Services 4.3% Wholesale Trade 3.6% Agriculture, Forestry & Fishing 3.2% Accommodation & Food Services 2.7% Mining 2.5% Administrative & Support Services 2.4% Information Media & Telecommunications 2.2% Other Services 2.0% Arts & Recreation Services 0.7% SOURCE: REMPLAN, APRIL Source: REMPLAN, April 2016 2016

Diversity continues to be the underpinning factor for the region’s economic strength. The largest industry is Rental, Hiring and Real Estate, representing 14.1% of the economy followed by Public Administration and Safety, and Manufacturing. Around half of the region’s GRP is shared across the five largest industries. See Figure 1 for full breakdown.

080

Combining the GRP for North West Resources Region with that of Townsville North Queensland produces a regional picture of an economy with, predictably, a higher contribution of the mining sector.


GROSS REGIONAL PRODUCT (CONTINUED) FIGURE 2 V ALUE-ADDED GRP – TOWNSVILLE NORTH QUEENSLAND AND NORTH WEST Rental, Hiring & Real Estate Services 13.1% Mining 11.3% Public Administration & Safety 11.3% Manufacturing 7.7% Construction 7.4% Health Care & Social Assistance 6.9% Education & Training 5.4% Retail Trade 4.7% Transport, Postal & Warehousing 4.6%

$16.9B

Electricity, Gas, Water & Waste Services 4.2% Financial & Insurance Services 4.0% Professional, Scientific & Technical Services 3.6% Agriculture, Forestry & Fishing 3.4% Wholesale Trade 3.3% Accommodation & Food Services 2.6% Administrative & Support Services 2.3% Other Services 1.9% Information Media & Telecommunications 1.8% Arts & Recreation Services 0.5%

Source: REMPLAN, April 2016

STATISTICAL DIVISIONS

QUEENSLAND

NORTH WEST

TOWNSVILLE NORTH QUEENSLAND

081


ECONOMIC SNAPSHOT ESTIMATED POPULATION Townsville maintained population growth into 2015, with a growth rate of 1.6% bringing the city’s population to an estimated 192,038 people.

In the broader region, Townsville North Queensland grew by a collective 1.3% over the year, to an estimated total population of 236,629.

Source: Australian Bureau of Statistics, Regional Population Growth, March 2015 Release

PROJECTED POPULATION The most recent projections show the Townsville North Queensland region is expected to reach a population of 361,098 by June 2036, an increase of 1.9% per year over 20

TOWNSVILLE NORTH QUEENSLAND BY 2036

361,098

years. Townsville is expected to have 314,362 persons, with an annual growth rate of 2.3% per year.

314,362

TOWNSVILLE CITY BY 2036

REGIONAL POPULATION FORECASTS TO 2036 17,831

12,433

11,352

2,671

BURDEKIN

CHARTERS TOWERS

HINCHINBROOK

PALM ISLAND Source: OESR, data as at Dec 2015

082


MEDIAN AGE

REGIONAL POPULATION BREAKDOWN FORECAST TO 2036 YEAR

YEAR

AGE

34.5 Townsville North Queensland

36.8 Queensland

NEW RESIDENTS

75 Weekly

3,877 Yearly

15,940

0–4

22,877

15,209

5–9

22,964

15,625

10–14

23,518

17,091

15–19

25,472

17,972

20–24

27,208

17,066

25–29

24,782

15,108

30–34

23,263

15,669

35–39

22,568

15,878

40–44

22,553

15,241

45–49

22,449

14,891

50–54

21,305

12,704

55–59

18,604

11,177

60–64

17,785

8,318

65–69

16,651

6,168

70–74

15,019

4,466

75–79

13,381

3,395

80–84

10,091

2,760

85+

10,609

224,678

TOTAL

361,099

Source: Queensland Government Population Projections, 2013 edition (medium series)

083


ECONOMIC SNAPSHOT EDUCATION AND INNOVATION Expansions in the region’s tertiary education sector continue to be a major pillar of the Townsville North Queensland economy. The value-added contribution of the Education and Training industry to the region’s GRP is approximately $746.7M, around 6.1% of the region’s total GRP. The sector has increased by $46M from January 2015. Townsville’s future in education is looking bright with a number of innovations and facilities in planning:

EDUCATION INFRASTRUCTURE PROJECTS

MEDIAN AGE

of Marine Science (AIMS), Tec-NQ, ACT for Kids, JCU research entities and other new elements in development. Through the use of either new or existing boarding facilities on campus, a JCU High School would provide opportunities for students across the broader North Queensland region, particularly to Indigenous and non-Indigenous students in rural and remote areas. It would also provide the opportunity to cultivate ‘international mindedness’ through the recruitment of international students, paying particular attention to JCU’s international market and opportunities therein. Technology & Innovation Centre (New Engineering Centre) The engineering building will be a contemporary complex designed to meet the future need of the College of Science, Technology and Engineering.

University Linked High School Discovery Rise A co-located high school at James Cook University ( JCU) Townsville campus could act as a ‘lighthouse school’ in Townsville North Queensland, demonstrating evidencebased teaching practices in an innovative environment and encouraging tertiary attainment in Northern Queensland, which is currently lower than the State average. The school would be an important contribution to the Townsville Knowledge Precinct being developed, which already capitalises on the value of co-location and includes the Townsville Hospital, Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australian Institute

Discovery Rise is James Cook University’s vision to create an integrated residential and knowledge community on its Douglas Campus. This long term project reached its first milestone in 2013 with the opening of the Clinical Services Building, combining a dental and hospital training facility with public and private health facilities and major retail outlets. When the project is fully realised, JCU will be home to a residential community connecting the University’s education and research facilities and the adjacent hospital and health services with a range of community and commercial facilities.

Image by Megan MacKinnon

084


PROPERTY

QUEENSLAND HOUSE MARKETS September Quarter 2015

Townsville’s real estate market is going through a period of low confidence. The advantage of the current pricing effect is that quality properties are more affordable and, coupled with low interest rates, this creates a buyer’s market. House sales for the December quarter are surprising strong, considering difficulties in the region, with the median house sale price $350,000 and for units $290,000.

Fraser Coast

HOUSE SALES

JUN 15

SEP 15

Rockhampton Gladstone

171

46

<$350K

$350K+

50

66

$500K+

48

SEP 15

DEC 15

41

22

21 14

18 9

14 1 2

<$250K

$250K+

$350K+

$500K+

0

$1M+

LAND SALES

Townsville Rental vacancy rate increased to 6.4% (up 0.8%) for Q4, 2015. Rental prices are currently holding and the fluid workforce in Townsville will continue to support the rental market. Landlords of old stock are offering rental incentives to keep good tenants locked in, but largely the rental market continues to move at a steady pace according to QMM.

80 64

51

JUN 15

SEP 15

Mackay Townsville

The most active demographic in the housing market was upgraders according to the QMM. Houses averaged 96 days in market and the vendor discounted was high at 8.9%.There is a current oversupply in units and apartments that, according to the latest QMM, will take 12 to 18 months for the market to absorb. The unit/apartment market remained subdued and not attracting much interest with investors currently.

34 24 24 24

STABILISING

In the December 2015 quarter there was an increase in the number of houses sold for properties valued greater than $350,000. According to the Queensland Market Monitor (QMM), December quarter report, the key factors of the market are good levels of stock and new families transferring into the region. However house pricing is still the key to ensuring a sale with buyers having a significant amount of choice.

UNIT SALES JUN 15

RECOVERING

FALLING

Bundaberg

DEC 15

227 222 222 156 149

Sunshine Coast Brisbane Cairns Gold Coast RISING Toowoomba

DEC 15

REGIONAL MEDIAN HOUSE PRICE ANALYSIS THROUGH TO Q3, 2015 REGION

MEDIAN SALE PRICE ($)

QUARTERLY % CHANGE

1 YEAR % CHANGE

5 YEAR % CHANGE

Townsville

$350,000

2.1%

-3.19%

-6.9%

Burdekin

$181,000

-15.5%

-16.9%

-3.7%

Charters Towers

$172,000

N/A

-13.4%

-10.9%

Hinchinbrook

$220,000

N/A

-12.5%

-1.1%

085


ECONOMIC SNAPSHOT

MEDIAN AGE

TOWNSVILLE BUILDING APPROVALS TYPE

2015

2014

QUANTITY

VALUE

QUANTITY

VALUE

Dwelling

94

23,593,135

105

$25,498,750

Unit (Buildings / Units)

9 / 32

$5,494,174

4 / 25

$5,757,494

Commercial

24

$13,699,004

23

$13,905,524

Pools & Spa

26

$669,866

24

$650,131

Other

156

$4,546,966

169

$6,159,798

Total

309

$48,003,145

325

$103,943,394

TOWNSVILLE’S OVERALL BUILDING ACTIVITY FOR THE PAST TWO YEARS $90,000 $80,000 $70,000 $60,000 $50,000 $40,000 $30,000 $20,000 $10,000 $0,000

400 350 300 250 200 150 100 50 0

REGIONAL BUILDING APPROVALS 2015 REGION

Burdekin Charters Towers Hinchinbrook

086

YEAR

NO. NEW HOUSES

NO. NEW OTHER RESIDENTIAL BUILDING

TOTAL DWELLINGS

VALUE OF NONRESIDENTIAL BUILDING ($000 s)

VALUE OF TOTAL BUILDING ($000 s)

2014

37

0

37

$-

$11,500,000

2015

27

0

27

$-

$8,968,000

2014

27

4

31

$8,936,000

$19,746,000

2015

14

2

16

$721,000

$6,119,000

2014

21

10

29

$17,527,242

$23,870,707

2015

21

8

29

$8,045,266

$14,689,623


BUSINESS CONFIDENCE The latest PwC Business Confidence Change Index for Townsville shows a bouncing back for the June 2016 Quarter (Q2, 2016), raising to -1.6 basis points from the -3.7 basis points from Q1, 2016.

For more detailed information, contact the PwC Townsville office on (07) 4721 8500.

TOWNSVILLE BUSINESS CONFIDENCE INDEX

15 10 5 0 -5 -10

11

1

5

nJu

ar

-1

-1 M

15

5

15

p-

ec D

Se

n-

-1 ar

Ju

4 -1 M

14 p-

ec D

Se

n-

14

4

Ju

-1

3

ar M

13

-1 ec D

p-

13 nJu

Se

3 -1

2

12

-1

ar M

ec D

2

12

pSe

nJu

-1

1

ar M

11

-1 ec D

11

pSe

n-

1 -1 ar

Ju

0 -1 M

ec D

Se

p-

10

-15

Business Confidence Change Index - Townsville

THE JUNE 2016 QUARTER BUSINESS CONFIDENCE REPORT FROM PwC STATED: PwC partner Carl Valentine said, “Despite the tough business climate, it’s encouraging to see confidence increase among local businesses. Today’s results demonstrate the resilience of the Townsville business community, which continues to find opportunities for growth.” With the end of the financial year approaching, businesses indicated they were expecting to increase capital expenditure as well as spending on entertainment. The results also showed 80% of respondents expected to maintain or grow their employment levels, which is the same as last quarter, and that businesses expected their spending on promotions and advertising to remain the same (87%).

“Over the past two years, we’ve seen on average roughly 20% of businesses (large and small) indicate they expect to reduce employment levels, and in the current economic climate, we had been concerned that more smaller businesses might have to reduce employment levels to better manage their costs. However, the survey responses show a continuation of that historic average,” Mr Valentine said. “It’s understandable that all businesses are looking to manage costs and match their employment levels to the current opportunities in front of them, but with thousands of small businesses operating in North Queensland, it would be a real concern for the local economy if smaller businesses could no longer maintain existing employment levels. A strong, stable workforce helps a business to adapt and prepare for growth.”

Source: PricewaterhouseCoopers May 2016

087


ECONOMIC SNAPSHOT

MEDIAN AGE

STATE OF THE STATES Each quarter CommSec delivers a report by analysing eight key indicators: economic growth, retail spending, equipment investment, unemployment, construction work

completed, population growth, housing finance and dwelling commencement. The following summarises the April 2016 edition of the report.

State of the States April 2016 State & territory economic performance report. Executive Summary

NSW ON TOP; WA EASES TO SIXTH How are Australia’s states and territories performing? Each quarter CommSec attempts to find out by analysing eight key indicators: economic growth; retail spending; equipment investment; unemployment; construction work done; population growth; housing finance and dwelling commencements. Just as the Reserve Bank uses long-term averages to 088 determine the level of ‘normal’ interest rates; we have done the same with key economic indicators. For each state and territory, latest readings for the key indicators were compared

NSW has retained top spot as the best performing economy. However Victoria has edged a little closer to top spot. Both states are maintaining a healthy lead over the other states and territories. The ACT economy has held onto third spot. And while the Northern Territory economy has held onto fourth place, there is now little now separating Queensland (fifth) from the ‘top end’ economy. The big change over the past quarter has been another


EMPLOYMENT A reduction in the number of job vacancies has been seen over the last year. Over the year up to December 2015, Australia saw vacancies increase for all but the lowest skill level, with the strongest

rise recorded for skill level 1 occupations (commensurate with the attainment of a Bachelor Degree or higher), up by 14.2%. By contrast, vacancies for skill level 5 occupations (commensurate with the attainment of a Certificate I or secondary education) declined by 3.1%.

Index (Jan '06 = 100)

Monthly % change

Yearly % change

Number of vacancies

Skill Level 1 - Bachelor Degree or higher

97.7

0.4

14.2

62,444

Skill Level 2 - Advanced Diploma or Diploma

111.5

0.3

10.0

17,179

Skill Level 3 - Certificate IV or III* (Skilled VET)

77.4

-0.1

3.7

19,188

Skill Level 4 - Certificate II or III

71.6

0.4

2.9

44,634

Skill Level 5 - Certificate I or secondary education

44.8

-0.5

-3.1

20,742

Australia

76.8

0.4

7.0

164,099

Skill Level IVI - Trend

Townsville North Queensland’s unemployment rate in October 2015 was 7.6%, (using three month average data). The participation rate is the key to the local economy, indicating the number of people that are working and earning. The participation rate has decreased over a five year period, however, at the same time the Townsville population has increased by 14,000.

Department of Employment Projections Skill Level

Employment level – November 2015 ('000)

Projected employment level – November 2020 (‘000)

Projected employment growth – five years to November 2020 (‘000)

(%)

Skill Level 1

3,723.0

4,205.9

482.9

13.0

Skill Level 2

1,363.8

1,514.9

150.5

11.0

Skill Level 3

1,733.2

1,805.7

72.6

4.2

Skill Level 4

3,043.1

3,257.8

214.7

7.1

Skill Level 5

2,037.4

2,106.4

69

3.4

Total

11,900.5

12,890.2

989.7

8.3

Skill Level 1 is commensurate with a Bachelor degree or higher qualification Skill Level 2 is commensurate with an Advanced Diploma or Diploma Skill Level 3 is commensurate with a Certificate IV or III (including at least 2 years on-the-job training) Skill Level 4 is commensurate with a Certificate II or III Skill Level 5 is commensurate with a Certificate I or secondary education

Source: http://lmip.gov.au/default.aspx?LMIP/EmploymentProjections

089


ECONOMIC SNAPSHOT

MEDIAN AGE

NUMBER OF BUSINESSES IN TOWNSVILLE NORTH QUEENSLAND, BY NUMBER OF EMPLOYEES Source: Queensland Region Profiles 2013-2014 – 30 December 2015

9,662

4,417

2,100

492

9

NON-EMPLOYING

1–4 EMPLOYEES

5–19 EMPLOYEES

20–199 EMPLOYEES

200+ EMPLOYEES

TOWNSVILLE – PROJECTED REGIONAL EMPLOYMENT GROWTH BY INDUSTRY – FIVE YEARS TO NOVEMBER 2019 Health Care and Social Assistance Retail Trade Accommodation and Food Services Public Administration and Safety Education and Training Transport, Postal and Warehousing Other Services Construction Professional, Scientific and Technical Services Wholesale Trade Agriculture, Forestry and Fishing Administrative and Support Services Rental, Hiring and Real Estate Services Financial and Insurance Services Arts and Recreation Services Electricity, Gas, Water and Waste Services Mining Information Media and Telecommunications Manufacturing

Projected employment growth (‘000) - five years to November 2019

090

Source: http://lmip.gov.au/default.aspx?LMIP/EmploymentProjections


TOWNSVILLE NORTH QUEENSLAND EMPLOYMENT BY INDUSTRY AUGUST

2014

INDUSTRY

AUGUST

2015

2,100

Agriculture, Forestry and Fishing

2,600

4,500

Mining

2,900

8,300

Manufacturing

5,200

Electricity, Gas, Water and Waste Services

1,500

11,500

Construction

9,000

2,900

Wholesale Trade

2,700

12,800

Retail Trade

13,200

9,000

Accommodation and Food Services

9,100

5,900

Transport, Postal and Warehousing

6,000

2,500

Information Media and Telecommunications

1,700

1,100

Financial and Insurance Services

500

600

Rental, Hiring and Real Estate Services

1,200

3,700

Professional, Scientific and Technical Services

4,800

3,000

Administrative and Support Services

5,100

8,300

Public Administration and Safety

8,700

9,100

Education and Training

9,400

15,300

Health Care and Social Assistance

18,200

1,700

Arts and Recreation Services

1,400

4,700

Other Services

4,700

900

Source: http://lmip.gov.au/default.aspx?LMIP/EmploymentServicesTender/Queensland

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ECONOMIC SNAPSHOT

MEDIAN AGE

TRADE PORT OF TOWNSVILLE SNAPSHOT THROUGHPUT ANNUAL TONNAGE

VALUE OF TRADE

CONTAINER TRADE IMPORT + EXPORT

ARRIVALS TO PORT

CATTLE EXPORTS

10.2 MILLION TONNES

$11B

62,299

643

305,799

TOP FIVE IMPORT COUNTRIES

SINGAPORE

TOP FIVE EXPORT COUNTRIES

INDONESIA

TOP FIVE IMPORTS TRADED

NICKEL ORE

PETROLEUM PRODUCTS

CEMENT

MINERAL CONCENTRATES

GENERAL CARGO

TOP FIVE EXPORTS TRADED

MINERAL CONCENTRATES

092

SUGAR

FERTILISER

REFINED MINERAL PRODUCTS

MOLASSES

Source: http://www.townsville-port.com.au/business-with-the-port/performance/trade-statistics


TOURISM – VISITATION The year to December 2015 saw a 36.2% growth in domestic visitors to the regions, far exceeding an average of 8.5% for the entire State of Queensland. The figures for the individual Tourism sectors are:

Dec 2014

Dec 2015

# Change

% Change

Domestic Holiday

279,000

303,000

24,000

8.6%

Domestic Visiting Friends and Relatives

321,000

296,000

-25,000

-7.8%

Domestic Business

191,000

321,000

130,000

68.1%

Domestic Other

N/A

157,000

157,000

N/A

International Holiday

90,000

91,000

1,000

1.1%

International Visiting Friends and Relatives

17,000

21,000

4,000

23.5%

International Other

5,000

8,000

3,000

60%

Total Domestic

791,000

1,077,000

286,000

36.2%

Total International

112,000

120,000

8,000

7.1%

KEY SOURCE MARKETS – DOMESTIC AS AT DEC 2015 1,077,000

673,000

TOTAL DOMESTIC

REGIONAL QUEENSLAND

36.2%

26.7%

KEY SOURCE MARKETS – INTERNATIONAL AS AT DEC 2015 UK

GERMANY

NEW ZEALAND

USA

25,000

22,000

11,000

9,000

8.1%

11.6%

4.4%

0.3%

Tourism Expenditure

2014 Spend Total

2015 Spend Total

Change

Domestic

$628M

$835M

+$207M

International

$74M

$104M

+$30M

Average Days spent in region (Domestic)

4.3

3.8

-0.5

Average Days spent in region (International)

11.0

14.0

+3.0 Source: TEQ Regional Snapshot – Dec 2015

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ECONOMIC SNAPSHOT

MEDIAN AGE

TOURISM – EXPENDITURE PER DOLLAR $0.42

Accommodation & Food Services

$0.18

Transport, Postal & Warehousing

$0.11

Retail Trade

$0.06

Ownership of Dwellings

$0.05

Manufacturing

$0.04

Education &Training

$0.04

Arts & Recreation Services

$0.02

Administrative & Support Services

$0.02

Rental, Hiring & Real Estate Services

$0.02

Wholesale Trade

$0.01

Health Care & Social Assistance

$0.01

Information Media & Telecommunications

$0.01

Other Services

Source: REMPLAN Economic Modelling

TOURISM BUSINESS EVENTS 2015

107

6,267

EVENTS

15,890

DELEGATES

5,768

STATE AND LOCAL

474

NATIONAL

DELEGATE DAYS

25

INTERNATIONAL

Source: Queensland Business Events Survey, Queensland Government, 2015.

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TOWNSVILLE INTERNATIONAL AIRPORT

SEATS FOR FY 2015

PASSENGERS FOR FY 2015

2,476,196

1,550,402

1.1%

1.7%

Source: http://www.townsvilleairport.com.au/corporate/statistics/

GLOSSARY OF TERMS Gross Regional Product (GRP) Gross Regional Product is the total value of final goods and services produced in the region over the period of one year. This includes exports but subtracts imports. GRP can be measured by adding up all forms of final expenditure inclusive of consumption by households, consumption by Governments, additions or increases to assets (minus disposals) and exports (minus imports). (Source: REMPLAN Economic Modelling) Value-added Value-added data represents the additional economic value that is made by each industry sector. (Source: REMPLAN Economic Modelling) Time Frames Q1, 2015 – Includes the months of January through to March 2015 Q2, 2015 – Includes the months of April through to June 2015 Q3, 2015 – Includes the months of July through to September 2015 Q4, 2015 – Includes the months of October through to December 2015

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ECONOMIC SNAPSHOT CASE STUDY: REMPLAN REMPLAN undertakes rigorous research in regional and urban economics, demographic analysis, strategic planning and forecasting. REMPLAN products provide region specific detailed data (from LGA to SA1 and destination zone or combinations of these) and incorporates a dynamic economic, population and housing impact modelling capability to allow the analysis of ‘what if’ scenarios. Strong connections have been established with communities, Local Governments, industry and other economic development agencies across Australia. Services include: • R EMPLAN Economy (114 industry sectors) and REMPLAN Community (1991-2011 Census data) software for researchers, strategic planners, economists, town planners and economic development practitioners

MEDIAN AGE

REMPLAN ECONOMIC PROFILE REMPLAN Economic Profile builds on its strength in evidence based analysis and modelling to provide insights to inform strategy, investment decisions and actions to enhance population, place, industry and the local economy. REMPLAN undertakes economic, demographic, business, dwelling and investment research and generates professional reports with succinct commentary. Reports are tailored to specific regions and are easily accessible to a broad audience. • G ain insights to inform strategic planning • P romote your area and attract investment • R egional Overview • D emographics

• P ublic access online economic and demographic profiles to inform businesses, investors, service providers and communities

• E mployment • I ndustry

• I mpact analysis for funding applications • H ousing • Spatial analysis of ABR business data by area, type, industry and location • Consulting for economic development strategies, impact studies, population and employment projections.

• T ourism • T rends

REMPLAN INVESTMENT PROFILE One of the best ways to be successful in attracting investment is to demonstrate a region’s track record in delivering major projects. REMPLAN online public-access major projects and investment profiles deliver a single portal to provide insights into the current level of investment and activity which is occurring in the region to inform Government, investors, business and the community.

www.economicprofile.com.au/townsvillenorthqueensland

• P ublic access investment profile • I ntegrates with your website • I ncorporates your organisation’s branding • E asy dissemination to target groups • Display and archive projects, developments and investment opportunities

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Contact: Teresa Bullock-Smith – Principal Economist Phone: 07 5689 1499 Email: teresa@remplan.com.au Website: www.remplan.com.au


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Aerial view over the Port of Townsville to the CBD by Cameron Laird


ECONOMIC SNAPSHOT

MEDIAN AGE

EXPORT MARKET ANALYSIS COUNTRY IN FOCUS: SINGAPORE Singapore is a small nation in terms of area and population. It has achieved strong and sustained economic growth since independence in the 1960s and has a solid historical relationship with Australia. There is a significant Australian presence in business in Singapore, and the nation is renowned for its safety, cleanliness and multiculturalism. The density of population is striking as is the scale of construction and development. Singapore boasts a well educated workforce that speaks English as a first language and Chinese as a second; the rule of law and respect for intellectual property rights; an eagerness to embrace the latest technology in every field, transparency and world leading ease of doing business. A nation of only 721 square kilometres (as compared to 7.5 million for Australia), Singapore is home to 5.7 million people (compared to 24 million for Australia) comprising races including Chinese, Malaysian and Indian; religions including Christian, Muslim, Buddhism and Hinduism. Singapore became an independent nation in 1965 and from this time the nation has grown from a Third World Nation to a First, and is today a global metropolis renowned for efficiency and non-corrupt governance. Singapore boasts the third highest level of income per capita of any nation and the largest transhipment port in the world. The bilateral relationship with Singapore is one of Australia’s closest and most comprehensive. The relationship is longstanding in wide ranging areas including Defence, education, political, trade and tourism links. The two countries’ share

a similar strategic outlook and cooperate on many issues integral to trade and security. Singapore is Australia’s fifth-largest trading partner with $28.5 billion in two way trade. Via Port of Townsville, the largest commodities traded are imported petroleum products and exported mineral commodities, primarily copper. Townsville also shares strong educational links with Singapore, with James Cook University expanding in 2011 to become a tri-city university with campuses in Townsville, Singapore and Cairns. Australia and Singapore share a strategic perspective and complementary economies. Our two nations have agreed to a substantial new package of cooperative initiatives focusing on trade, Defence partnership and collaboration in innovation, science, research and technology. A key focus of the renewed partnership is for the Singaporean Defence Force to invest $2.25 billion in Townsville and Shoalwater Bay to construct roads, accommodation and infrastructure for training facilities for use by up to 14,000 troops for 18 weeks each year for 25 years. Singapore is funding this work on Australian Defence bases which will remain Australian property and available for use by the Australian Defence Force with construction to be conducted through Australian tendering procedures. The associated economic benefits for the Townsville region will be significant, with opportunities in tourism, education, investment and business. Construction is due to commence in early 2017.

CAPITAL CITY

POPULATION

OFFICIAL LANGUAGES

IMPORTS FROM AUSTRALIA

EXPORTS TO AUSTRALIA

CURRENCY

SINGAPORE

5.47 MILLION

MANDARIN (CHINESE) ENGLISH, MALAY AND TAMIL

A$10.813B

A$8.262B

SINGAPORE DOLLAR (SGD)

MAJOR INDUSTRIES FINANCIAL SERVICES, MANUFACTURING, OIL-REFINING

MAJOR EXPORTS

MAJOR IMPORTS

REFINED PETROLEUM, INTEGRATED CIRCUITS, COMPUTERS, CHEMICALS, ENGINEERING AND BIOMEDICAL SCIENCES SECTORS

PETROLEUM, COMPUTER AND COMPUTER SPARE PARTS, BROADCASTING EQUIPMENT AND MACHINERY

Source: http://dfat.gov.au/geo/singapore/Pages/singapore-country-brief.aspx

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SINGAPORE

TOWNSVILLE NORTH QUEENSLAND

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Townsville City by Megan MacKinnon 100


NORTHERN LIVING

101


This publication has been sponsored by:

Colliers International Townsville has been helping shape Townsville’s commercial property landscape for almost 20 years. Our focus is on growing Townsville for tomorrow, through commercial real estate management, sales and leasing, across the office, industrial, retail and rural sectors. We are market leaders, ranked as the number one industrial team in Australia with the most sales and brokers in the country along with the largest ever industrial portfolio sale. As the Townsville market experts we have access to national and international resources and networks, and the means and the know-how to accelerate our clients’ success.

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NORTHERN LIVING Providing a relaxed tropical lifestyle, complemented by metropolitan city comforts, no other Australian region boasts the resilience, diversity, lifestyle and economic potential that the Townsville North Queensland region enjoys. Regarded as the commercial hub of Northern Australia, with a population approaching 240,000, the Townsville North Queensland region offers a dynamic lifestyle coupled with strong economic prosperity. At the centre of the region is Townsville, a thriving precinct with access to a variety of dining outlets, unique retailing, spectacular events and entertainment, world class education facilities, leading edge health care, affordable housing and a wide range of outdoor recreation options. The agricultural hinterland that surrounds the city includes Hinchinbrook, Charters Towers, Burdekin and Palm Island regions and provides a playground of leisure activities and diverse employment opportunities. Underpinned by a diverse economy,Townsville offers employment opportunities across a variety of industries. The region’s main employment providers include retail trade, health care and social assistance, public administration and safety, manufacturing, education and training and construction.

Image by Megan MacKinnon

Image by Megan MacKinnon

WHERE CAN YOU COMBINE A HEALTHY, ACTIVE LIFESTYLE WITH MILLION DOLLAR VIEWS?

CASTLE HILL AND THE STRAND, TOWNSVILLE

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NORTHERN LIVING CLIMATE With 300 days of sunshine a year, the Townsville North Queensland region located along Australia’s east coast has an average maximum temperature of 31°C in summer and a comfortable 25°C during the winter months.

The average minimum temperatures range between 24°C in summer and 14°C in winter. Average rainfall each year is 1143mm, which mostly occurs from December to March.

Townsville North Queensland Average Temperatures 31.4 Max. (°C) 24.3

31.1 24.1

30.7

22.9

Min. (°C)

29.6

20.6

27.6

17.6

25.6

14.6

25.1

13.7

26.0

14.7

27.8

17.4

29.4

20.7

30.7

31.5

22.9

24.1

Townsville North Queensland Average Days of Rain

11.8

Days of Rain

12.8 9.6 5.4

3.7

2.4

1.9

1.5

1.3

2.9

4.9

7.3

SPORTING International and National Sporting Events

Local Sporting Teams

For sporting enthusiasts, Townsville is home to two national sporting teams – the North Queensland Cowboys (NRL) and the JCU Townsville Fire (WNBL) – plus it’s also a host city for the national V8 Supercar circuit. Townsville residents enjoy the flurry of activity and sporting spirit that each home game presents.

Townsville has an extremely active community due to the year round beautiful weather. With access to all codes of football (Australian Rules, Rugby League, Rugby Union, and Soccer), basketball, baseball, water sports, hockey, netball, golf, volleyball, bowling, equestrian, triathlons, adventure sports and more, there is something that will suit everyone’s lifestyle.

The region plays host to a number of sporting events where the focus is on participating throughout the year. These range from the laid back larrikin atmosphere of the Gold Field Ashes (a national cricket tournament held in Charters Towers) to the highly competitive Townsville Triathlon Festival. Other popular sporting events include the Townsville Running Festival, Paluma Push, Magnetic Island to Townsville Swim, Adventurthon and Magnetic Island Race Week – a week long sailing regatta played out on the waters of Cleveland Bay.

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ARTS, CULTURE AND EVENTS

Contemporary Dance

Live theatre, music and the arts feature prominently in the lifestyles of the Townsville North Queensland community. Townsville enjoys two major art galleries - Perc Tucker Regional Gallery and Pinnacles Gallery - with smaller boutique galleries throughout the region. The Townsville Entertainment and Convention Centre hosts major acts, concerts, conventions, exhibitions and indoor sporting events.

Dancenorth is Townsville’s very own, globally recognised contemporary dance company. Dancenorth enjoys a reputation for original and polished productions that are performed locally, nationally and internationally.

The Townsville Civic Theatre holds many local, national and international performances in dance, music, opera, comedy and drama.

Museum of Tropical Queensland The Museum of Tropical Queensland (MTQ) provides a great opportunity to learn about the cultural and natural heritage of tropical Queensland and the Great Barrier Reef. Learn and enjoy the history of rainforest, corals and marine creatures and let the kids have fun in the Mind Zone interactive science centre. Festivals The annual Australian Festival of Chamber Music is an internationally acclaimed production targeted at classical music lovers from around the world. The Festival is now widely acknowledged as the largest chamber music festival in the Southern Hemisphere. The Townsville Cultural Fest is held annually and showcases local, national and international musicians, dancers, poets, street and cultural performers from diverse backgrounds. Other festivals include The Greek Fest, Australian Italian Festival, Ten Days in the Towers and the Burdekin Water Festival. Groovin’ the Moo attracts international and national acts and music enthusiasts by the thousands to Townsville for the May Day long weekend. This often sold out music festival is a highlight on the region’s Event Calendar. Past acts have included 360, Hilltop Hoods, Silverchair and Bliss N Eso.

Jezzine Barracks – Australian Army Museum of North Queensland This highly regarded and well visited museum collects preserves and exhibits the history of the Australian Army in Northern Queensland from the establishment of the first defences at Townsville and Thursday Island right through to the present day. The gallery displays the history of the colonial Army in North Queensland, post 1945 conflicts such as Vietnam and Korea, and the history of Sir John Lavarack. A third gallery is currently under construction and will house World War I and World War II displays, including the Townsville Honour Boards from both these conflicts. Maritime Museum of Townsville In 2001, the Museum opened its doors to the public after a year of extensive refurbishment. With Commonwealth Centenary of Federation funding, the resulting ‘ship complex’ has attracted a great deal of community support. Located on the southern bank of Ross Creek, the boardwalk overlooks the Townsville Motorboat and Yacht Club, while the entrance gate opens out onto Palmer Street’s inviting coffee and restaurant strip.

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NORTHERN LIVING DINING, ENTERTAINMENT AND SHOPPING Dining Options Boasting four main dining precincts, Townsville offers the same dining experiences you could expect in any of Australia’s capital cities. Palmer Street, located adjacent to the city’s centre is home to a number of award-winning international restaurants, and is considered the ultimate place to wine and dine. For the coffee lovers, both Gregory and Flinders Streets are ideal places to indulge your senses. Cannon Park Dining and Entertainment Precinct offers family friendly dining and entertainment options, featuring 10 restaurants, a cinema complex and a bowling lounge.

Extensive Retail Townsville is well equipped to cater to one of everyone’s favourite pastimes – shopping. With three major shopping centres – Willows, Castletown and Stockland – Townsville offers shoppers a wide variety of retail choices in air conditioned comfort. The city is also scattered with trendy boutiques including cutting edge and vintage fashion. Markets are held regularly throughout the region, offering access to locally grown fresh fruit and vegetables, home made sweets, baked goods, crafts, flowers, jewellery, pottery and artwork. Regarded as Queensland’s largest bulk goods and outlet shopping centre, Domain Central offers over 60 of Australia’s best brand name retailers, 1,800 car parks and a variety of facilities. With stores such as JB Hi-Fi, Bunnings, Freedom, Nick Scali, Harvey Norman, BCF, The Good Guys, Trade Secret and Snooze, you’ll find everything you need in one convenient location. For furniture, homewares, hardware, gifts, fashion, food, hair care, outdoor, fishing, boating and more, Domain Central has it all. The surrounding regions are known for their local produce, delis and artefacts and each offers a unique shopping experience well worth taking the time to experience.

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Nightlife As Northern Australia’s largest city, Townsville offers a wide range of sophisticated bars, classically-styled Queensland pubs and modern restaurants. Flinders Street East is the heart of Townsville’s vibrant night life, with a full suite of nightclubs and entertainment venues. The city has come of age in recent years and is now home to funky cafes, laneways and boutique bars. Contemporary street art mixes harmoniously with heritage buildings and facades that remind you of the city’s roots. The Casino is superbly located on the Townsville Breakwater, set amongst tropical landscaped gardens overlooking Cleveland Bay and Magnetic Island. It’s a destination in its own right, drawing on the region’s natural surrounds of the Great Barrier Reef, tropical rainforests and beaches. Movies Catching the latest movie is easy with four cinema complexes in Townsville and theatres and drive-ins in Charters Towers, Burdekin and Hinchinbrook. Townsville offers Reading Cinemas located at Cannon Park, Event Cinemas and BCC both positioned strategically in the CBD and Warrina Cineplex, a family owned independent cinema located in Currajong. Each of the centres is close by to dining options making a trip to the movies a very enjoyable experience.


TRANSPORT AND INFRASTRUCTURE Getting Around – Townsville’s Transportation Unlike major capital cities, Townsville has a less congested and easy to navigate road network. Quick access to services and recreation facilities offers residents the ultimate worklife balance. Parking is free throughout most of Townsville’s suburbs and major shopping centres. Paid parking in the CBD is both easy to find and significantly cheaper than in capital cities. Parking in Townsville’s CBD will cost an average of $6 per day (8 hours) in comparison to $68.39 per day in Brisbane or $74.80 per day in Sydney (RACQ, 2014).

The Townsville International Airport welcomes 1.6 million passengers annually and is host to a number of major airlines including Qantas, Virgin Blue, Rex, Air North, Alliance, Jet Go and Jetstar. This is expected to rise to 3.6 million passengers annually by 2030. Townsville’s regular flight paths offer linkages with both capital cities and key mining sites. The airport is growing its flight destinations internationally; with direct flights to Bali. Townsville is also a large hub for fly-in fly-out workers due to its great lifestyle and support services available for the mining industry and its families. Magnetic Island is the most accessible island in the Great Barrier Reef Marine Park and is only a 20 minute ferry ride from Townsville. Passenger ferries service the Island with 18 return trips a day and the vehicle ferry offers seven return trips daily. On arrival, travellers can hire a car, or take advantage of the public transport including bus, coach and taxi transfers all available to and from the terminal.

With a large network of bike and walking paths, Townsville offers healthy transportation options. The city continues to expand access to bike paths, with a strong focus on encouraging a healthy community and maintaining less congestion on the roads. With Townsville’s fantastic climate, it isn’t surprising that many residents make use of the bike paths for recreation as well as the main transportation route between work and home. Townsville offers residents access to a comprehensive bus service which operates throughout the city using Queensland Transport’s ‘qconnect’ system. Townsville’s bus service offers a hail ‘n’ ride service as well as the regular scheduled stops to make public transport easier and more flexible. Long distance coach services as well as school bus services are also available within Townsville.

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NORTHERN LIVING THE GREAT OUTDOORS Townsville North Queensland is the gateway to the World Heritage listed Great Barrier Reef, wet tropics rainforest, tropical islands, wetlands, national parks and historical, military and outback experiences. The Townsville North Queensland region extends to the Burdekin in the south, Charters Towers to the west, Hinchinbrook to the north and the Palm Group of Islands and Magnetic Island to the east. Boasting over 300 days of sunshine each year, Townsville is a holiday destination perfect for families, couples and friends, with more than 700 dining outlets, unique retailing and attractions, 3,000 hotel rooms and world class events and entertainment.

Paluma For a pleasant change of climate and scenery, travel north along the Bruce Highway and turn left to Paluma. Little Crystal Creek and Big Crystal Creek are two popular swimming holes which offer the perfect place to cool off on a warm day. Big Crystal Creek at the base of the Paluma Range features a large swimming hole and picnic area, perfect for families and larger groups. Little Crystal Creek, located 11kms up the winding road to Paluma Village, is well known for its historic stone arch bridge built in the 1930s. Cascading waterfalls feed into one of the best freshwater swimming holes in the north.

Birding There are more than 400 different bird species waiting to be found in Townsville North Queensland, from the relatively common great bower bird to the rare and intriguing southern cassowary. In a region flourishing with wet tropics rainforest, open woodland and coastal environments, bird watchers can enjoy a diverse range of bird habitats. From the fertile TYTO Wetlands in Hinchinbrook to the open woodland of the Townsville Town Common, the region is alive with the flutter, chirp and colour of some of the world’s most impressive birds. Best Birding Locations: • Townsville Town Common • TYTO Wetlands, Hinchinbrook • Horseshoe and Lilliesmere Lagoons, Burdekin • Paluma, Mount Spec National Park • Magnetic Island National Park • Charters Towers Weir • Ross River Dam, Townsville • Wongaloo Recreation Park, Burdekin

Townsville’s Northern Beaches Townsville’s northern beaches offer residents the ideal opportunity for a relaxing day out or a long secluded walk. Townsville’s five northern beaches, 60kms north of the city combine the rugged bush with necessary amenities and beachside getaways. Bushland, Saunders, Toolakea, Toomulla and Balgal Beaches offer fishing, swimming, picnicking and bird watching, combined with spectacular beach fronts.

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TYTO Wetlands TYTO Wetlands is a unique 90-hectare natural wetland site that is home to over 230 species of birds and numerous tropical plant species in addition to native Australian wildlife including wallabies.Located just 500 metres from the township of Ingham and situated just a few hundred metres off the Bruce Highway down Cooper Street, TYTO Wetlands is a carefully preserved natural environment that integrates lagoons, walking tracks and native flora.


Parks and Gardens Townsville North Queensland has over 350 parks and open spaces, providing a range of recreational activities for locals. Superb botanic gardens and parklands abound in the city of Townsville and include the world class Palmetum, the historic Queens Gardens, Anderson Gardens, Dan Gleeson Memorial Gardens and the Townsville Environmental Park. There are a number of easy to reach national parks offering a wide range of water sports, bird watching and bushwalking. Castle Hill Just metres short of a mountain, Castle Hill is the giant pink granite monolith that stands proud in the centre of Townsville – serving as the perfect place for visitors to orientate themselves with the city. Take the easy drive to the top for stunning panoramic views of Magnetic Island and Cleveland Bay, Townsville City and suburbs and the Northern Beaches. Challenge yourself and join the 2,000+ locals that run and walk up the Hill everyday – if you’re up for it. The Strand Townsville’s famous foreshore, The Strand, is the perfect place to relax during your visit. Stretching 2.5km and offering views across Cleveland Bay to Magnetic Island, The Strand is a favourite for locals and visitors alike. BBQ facilities, swimming enclosures, freshwater showers, a waterpark, playgrounds and waterfront dining make this the obvious place to visit.

Riverway Two huge swimming lagoons, playgrounds, parklands, a performance and arts centre and a sports stadium, all situated on the banks of the Ross River. The Riverway precinct is perfect for families looking to enjoy the great outdoor lifestyle that Townsville North Queensland is famous for!

Jezzine Barracks Located at northern end of The Strand, Jezzine Barracks hold special significance for the people of Townsville. The area has been redeveloped and includes a coastal path with magnificent views of Cleveland Bay and Magnetic Island, with disability access to Kissing Point headland. Interpretive artwork, way points and lookouts also feature and a walkway connects the popular Strand with the far reaching Pallarenda beach front.

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NORTHERN LIVING

S.S. Yongala Wreck

Palm Island

The S.S. Yongala, once an ocean steaming vessel, is now an enchanting wreck, an artificial reef and home to an incredible array of marine life. Giant groupers, rays and schools of trevally congregate around the wreck while turtles lazily feed and sea snakes glide past. In 1911 the ship sank without trace in a tragic cyclonic event, all 122 people on board died and a legend was born. It would be another 50 years before the coral encrusted structure was found. Today, the wreck is one of the world’s top dive sites and sits just off the coast from the Burdekin and is easily accessible by boat from Townsville, Magnetic Island and Alva Beach in the Burdekin.

Located 65km north-west of Townsville, Palm Island (or Great Palm) is the traditional country of the Manbarra people and, more recently, home of the Bwgcolman tribal people. Palm Island’s assets are its unique Indigenous heritage and its location within the World Heritage listed Great Barrier Reef Marine Park. The pristine waters make it a great fishing spot – specifically for mackerel and coral trout. The Island is serviced regularly by passenger and vehicle ferries and is home to 2,617 people.

In 1911 the ship sank without trace in a tragic cyclonic event, all 122 people on board died and a legend was born. It would be another 50 years before the coral encrusted structure was found. Today, the wreck is one of the world’s top dive sites and sits just off the coast from the Burdekin and is easily accessible by boat from Townsville, Magnetic Island and Alva Beach in the Burdekin.

The Island is the largest within the Palm Group of Islands which also include Orpheus, Fantome (Eumilli), Curacoa (Noogoo), Barber (Boodthean), Esk (Soopun), Falcon Carbooroo), Eclipse (Garoogubbee), Brisk (Culgarool), Fly and Havannah.

The Island is the largest within the Palm Group of Islands which also include Orpheus, Fantome (Eumilli), Curacoa (Noogoo), Barber (Boodthean), Esk (Soopun), Falcon Carbooroo), Eclipse (Garoogubbee), Brisk (Culgarool), Fly and Havannah.

Magnetic Island Located within the Great Barrier Reef Marine Park just 8km off the coast of Townsville, Magnetic Island is the perfect tropical escape for a day or a week or a lifetime. With 23 beaches and bays, Magnetic Island has the natural beauty and serenity of untouched paradise within a thriving community. The rocky granite headlands fuse with sheltered bays and beaches, studded with majestic hoop pine trees, creating a dramatic coastline. Over two-thirds of the Island is protected as National Park, providing a haven for native wildlife, including rock wallabies, koalas, possums and over 100 species of birdlife. The Island is serviced by 18 return passenger and seven return vehicle ferry trips daily and is home to 2412 people. As a suburb of Townsville, Magnetic Island has access to all of the conveniences of the mainland.

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Hinchinbrook Island Separated from the mainland only by the narrow Hinchinbrook Channel, the rugged peaks of Hinchinbrook Island National Park rise abruptly from the sea, signalling the Island’s wild nature. Hinchinbrook Island has no permanent population. It is home to the world renowned wilderness walk, the Thorsborne Trail. Covering 32km, the Trail follows some of Australia’s most scenic island coastline. Discover sweeping bays, sandy beaches, extensive mangroves, fragile heaths, dense forests and lofty summits. This Island is also a favourite with many locals for fishing and camping.


Orpheus Island Orpheus Island National Park sits in the Palm Group of Islands. Book into the luxury resort or set up a self-sufficient camp in one of the secluded camping areas. Snorkel off the beach in blue-green reef waters to discover a marine wonderland or look and listen for birds in the forest and on the shore. Orpheus Island Research Station, run by James Cook University, is located on the western side with ready access to pristine inshore reefs and islands. A known 1,100 species of fish and 340 of the 350 known species of reef coral can be found in the underwater gardens of the surrounding reefs.

Gold Mining The region has a long history of gold mining stemming back to the original Gold Rush era when Charters Towers was widely referred to as ‘The World’ for it was deemed to have everything that a civilised man would ever need. While there are now a number of tourist attractions in Charters Towers that celebrate this history, commercial gold mining still occurs in the region.

Image by Megan MacKinnon

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NORTHERN LIVING HOUSING Townsville offers a wide range of housing options to suit your permanent residence or renting needs. From modern chic inner-city apartments to traditional styled Queenslanders, Townsville has something to suit everyone’s style. Townsville’s housing affordability is exceptional in comparison to other mainland capital cities with average median house prices currently at $350,000 (REIQ, Q1, 2016). The median unit price currently stands at $250,000 for an established unit.

Median House Price - ABS Q1 2015

Prices Q3 2014

Prices Q1 2016

Sydney

$750,000

$901,000

Canberra

$555,000

$588,000

Darwin

$565,000

$585,000

Perth

$550,000

$530,000

Melbourne

$530,000

$600,000

Brisbane

$470,000

$488,000

Adelaide

$420,000

$433,000

Hobart

$352,000

$340,000

Townsville

$357,000

$350,000

WHERE CAN YOU BUY A COMFORTABLE FAMILY HOME IN A MAJOR CITY FOR JUST $350,000?

MEDIAN HOUSE PRICE TOWNSVILLE

350K

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BRISBANE

480K


EMPLOYMENT

Main Employing Industries

Townsville North Queensland offers a diverse industry base, providing both a stable economic platform and a variety of employment opportunities. The main employment providers in the Townsville North Queensland region include Retail Trade, Health Care and Social Assistance, Public Administration and Safety, Manufacturing, Education and Training and Construction.

The Federal Governments Department of Employment recorded that the main employing industries for the Townsville North Queensland region were Health Care and Social Assistance, Retail Trade, Education and Training, Accommodation and Food Services and Construction (Aug 2015). This differs slightly within each area of the region as outlined below:

Skilled Migration The Regional Sponsored Migration Scheme (RSMS) is designed to assist employers in regional or low population growth areas of Australia who are unable to fill skilled vacancies through the local market. The Scheme provides an avenue for employers to sponsor skilled workers from overseas or temporary residents currently in Australia. Growth Industries The largest increases in employment during 2015 were recorded in Health Care and Social Assistance, Public Administrative and Safety and Professional, Scientific and Technical Services. Employment declined in Manufacturing, Construction and Mining. The Department of Employment’s report 2015 Employment Projections to November 2019 indicated that the largest growth areas will be in Health Care and Social Assistance, Retail Trade, Public Administration and Safety, Accommodation and Food Services and Transport, Postal and Warehousing. Construction and Manufacturing will continue to be strong employers in the region however their growth will steady. These sectors of employment and projected growth do not take into account the effect of ‘digital disruption’ which is expected to impact many jobs in the way work is done, work is replaced or what new jobs are created. The expectation is that a work force will need to be more technically aware across all sectors.

Local Government Area

Top four areas of employment

Townsville

Health Care and Nursing Homes Public Administration Retail Construction

Charters Towers

Mining Education and Training Retail Health Care and Nursing Homes

Burdekin

Agriculture Manufacturing Retail Health Care

Hinchinbrook

Agriculture Manufacturing Retail Health Care

WHICH REGION IS HOME TO GLOBAL LEADERS IN TROPICAL SCIENCE RESEARCH AND DEVELOPMENT?

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NORTHERN LIVING EDUCATION, TRAINING AND TRADES The Townsville North Queensland region is strengthening skilled labour through the numerous educational facilities available. From tertiary and vocational through to trades and training, courses are constantly evolving to address the shift in labour demand. James Cook University James Cook University ( JCU) is Australia’s leading tropical research University and Queensland’s second oldest University. Offering excellence in teaching and research, JCU’s main Campus is based in Townsville with additional Campuses in Cairns, Brisbane and Singapore. Over 16,000 students, including 6,000 internationals of more than 100 nationalities, currently study at JCU. The University was established to conduct teaching and research on areas of importance to Northern Queensland and The Tropics. Its graduates have the expertise and intellectual curiosity to make a difference in their professions and their communities and conduct the research needed to meet the challenges facing the tropical world. JCU’s activities have a strong focus on regional Queensland but its impact and reach are international, as recognised in the respected 2010 Shanghai Jiao Ton World University ranking system which placed JCU in the top 400 universities in the world. It is one of only two Queensland Universities to achieve this ranking.

WHICH REGION IS HOME TO FOUR WORLDCLASS EDUCATIONAL INSTITUTIONS?

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CQUniversity CQUniversity’s presence in Townsville is continuing to grow with the launch of a new Townsville Campus in April 2015, which was in addition to the already established Distance Education Study Centre that launched in September 2014. Study areas include Apprenticeships, Trades and Training, Business, Accounting and Law, Creative, Performing and Visual Arts, Education and Humanities, Engineering and Built Environment, Health, Information Technology and Digital Media, Psychology, Social Work and Community Services, Science and Environment, and Work and Study Preparation. CQUniversity continues to be a leader in the delivery of distance education with approximately half the cohort made up of students studying by distance education. Compared to other Universities, CQUniversity is also proud to have the highest ratio of students from mature age, Aboriginal and Torres Strait Islander, first-in-family and low socio-economic backgrounds.

JAMES COOK UNIVERSITY CQUniversity TAFE QUEENSLAND NORTH TEC-NQ


TAFE Queensland North TAFE Queensland North provides vocational education and training to more than 14,700 local, interstate and international students annually. Students are enrolled in over 200 training programs ranging from Certificate through to Advanced Diploma level. The Institute also delivers training in traditional trade areas to more than 2,000 apprentices and trainees annually. TAFE Queensland North currently works closely with business and organisations of all sizes across Northern Queensland to provide customised training options. Training in this mode can be delivered as accredited (nationally recognised) or non-accredited with most of this delivery occurring in the workplace. Tec-NQ Tec-NQ is a leading educational and training organisation providing innovative and flexible solutions in Townsville North Queensland. As an independent school, a Registered Training Organisation (RTO) and a Group Training Organisation (GTO) Tec-NQ delivers a holistic approach to trade training. Tec-NQ’s flagship school based program has helped hundreds of young people get their start in trade-based careers by delivering a contextualised Year 11 and 12 curriculum and developing the employability skills necessary to transition students from school to work. State-of-the-art training facilities and workshops allow trainers to provide a simulated work environment and branches throughout remote Northern Queensland allow Tec-NQ to bring training to regional centres.

HOW IS CATHOLIC EDUCATION DEVELOPING IN TOWNSVILLE?

COMPLETE IN THE LAST TWO YEARS

CURRENTLY UNDER CONSTRUCTION

FUTURE AND PROPOSED DEVELOPMENTS

Ryan Catholic College Stage 1 expansion – $9.3M

Townsville Grammar School North Shore campus – $7M

Southern Cross Catholic College Stage 2 expansion – $9M

Southern Catholic College Stage 1 expansion 1 – $7.9M

Ryan Catholic College Stage 2 refurbishment – $5M

St Margaret Mary's College expansion – $5M

Burdekin Catholic High School expansion – $1M

TOTAL VALUE TO THE REGION

$22.2M

$15.0M

St Clare's Burdell Stage 4 expansion – $2M

$9.0M

$46.2M 115


NORTHERN LIVING SCHOOLS AND CHILDCARE The Townsville North Queensland region offers an excellent choice of education and childcare facilities to suit your child’s needs and ensure close proximity to both home and work. Parents will also have peace of mind knowing that their children have access to quality childcare and education facilities with options of over 110 childcare facilities, 69 primary schools and 18 secondary schools. There are a number of boarding school facilities throughout the Townsville North Queensland region, including The Cathedral School of St Anne and St James, Townsville Grammar School, St Patricks College (girls), Blackheath & Thornburgh College (Charters Towers), All Souls St Gabriels School (Charters Towers) and Columba Catholic College (Charters Towers). The Townsville North Queensland region offers a range of church based and non-denominational schools with highly renowned academic, cultural and sporting records.

Townsville Schools – Leading the Way With the National Broadband Network (NBN) rolling out across Townsville, schools are taking advantage of this high speed internet connection to transform the typical school day for students and staff. The Cathedral School of St Anne and St James was amongst the first schools in Australia to have a connection to the NBN and consequently now has access to superfast broadband. Since the introduction of the NBN, classrooms have experienced increased interactivity as well as increased learning opportunities for students, and improved job satisfaction for teachers. The Cathedral School has started to utilise video conferencing with 60 students recently experiencing a virtual tour of Questacon National Science Technology Centre and plans are in place to virtually visit the NASA facility. Kirwan State High School is nationally recognised for its performance in sports and offers a range of ‘Sports Excellence Programs’. Pimlico State High School is highly regarded for achievements in the performing arts – particularly music. In addition, a number of Townsville high schools align with international sister schools, to offer cultural experiences through international study tours and home stay programs.

WHERE CAN YOU FIND A BROAD CHOICE OF EDUCATIONAL OPTIONS WITH HIGHLY RENOWNED ACADEMIC, CULTURAL AND SPORTING RECORDS?

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HEALTH AND WELFARE A range of health and welfare services is available across the Townsville North Queensland region with Townsville providing the largest proportion of services. Townsville offers both public and private hospital options. The Townsville Hospital specialises in: • Cardiac

• Oncology

• Obstetric

• Mental health

• Gynaecological

• Neonatal

Aged Care Services

• Paediatric

• Allied health

• Neurosurgical

• Anaesthetic

• Orthopaedic

• Intensive care

Townsville North Queensland provides a great location to retire. Options for retirement and aged care living include independent living services, home care, residential aged care including dementia retirement living, hostel style accommodation and day respite care.

The Townsville Hospital is the major teaching hospital for James Cook University’s Schools of Medicine, Nursing and Allied Health and for TAFE Queensland North. Maintaining a linkage with the local training facilities ensures that Townsville health services attach a continual influx of medical professionals to cater for the growing population. The Hospital continues to expand with the first four stages of the $449M redevelopment project completed.

Disability Services Townsville and the wider region offer more than 20 support services to people with disabilities and their families. Some services are provided through a direct referral process with Disability Services (Department of Communities), whilst others offer a walk-in service. • In home support

A $5 million clinical training school Townsville Mater Hospital includes a simulated ward and resuscitation room with five mannequins. It also offers four tutorial rooms and a 120-seat conference centre. This training facility offers life-like work experience to keep medical students and graduates abreast of the latest technologies and procedures. Outside of Townsville, Queensland Government Health Services have medical centres in Ingham, Ayr, Home Hill, Charters Towers, Palm Island and Magnetic Island each providing valuable services to the communities. Hospital services available include accident and emergency, general medical, surgical and obstetric and paediatric services while allied health services vary from each region to include physiotherapy, occupational therapy, medical imaging, dental, speech therapy, social work, pharmaceutical services and dietician.

• Mobile attendant care program (medical, personal care) • In-home flexible respite • Children’s therapy and early intervention services • Accommodation support • Community access • Sports and recreation programs • Employment support • Advocacy • Carers services

Support Services • Transport services There is a variety of support services that assists the Townsville North Queensland community to ensure patients are connected to their families whilst receiving treatment. These include the Leukaemia Foundation, Australian Red Cross, Ronald McDonald House and Pastoral Care.

• Mental health services • Equipment sales and modifications, aids and appliances

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NORTHERN LIVING REGIONS AT A GLANCE TOWNSVILLE POPULATION

AREA

189,238

3,733km2

Major Sports and Events: V8 Supercars Castrol EDGE Townsville 400, Townsville 400 Super Street Party, Australian Festival of Chamber Music, North Queensland Cowboys, Townsville Fire, Townsville Running Festival, Groovin the Moo, PBR Iron Cowboy, Townsville Triathlon Festival, SeaLink Magnetic Island Race Week, Strand Ephemera, Winter Racing Carnival, Townsville Cultural Festival, Glencore Greek Fest Townsville, Paluma Push Mountain Biking Adventure, Full Moon Down Under Base Magnetic, Townsville Billy Cart Dash for Variety, Adventurethon National Challenge, Magnetic Island Bay Dayz Festival, Taste The North, New Year’s Eve - The Strand Major Tourism Assets: Magnetic Island, The Forts Walk, Great Barrier Reef, Castle Hill, The Strand, Jezzine Barracks, Cape Pallarenda, Bowling Green Bay National Park, Paluma Range National Park, Botanic Gardens, Riverway, Townsville CBD, Reef HQ – Great Barrier Reef Aquarium, Museum of Tropical Queensland, Queens Gardens, Town Common Wetlands, Reid Park, Billabong Sanctuary, Townsville Scenic and Military Tours

Major Health Services: Public Hospital, Private Hospital, Women’s Hospital and Birthing Centre, Cardiac, Obstetric, Gynaecological, Paediatric, Neurosurgical, Orthopaedic, Oncology, Mental Health, Neonatal, Radiology, Allied Health, Anaesthetic, Intensive Care, GPs Major Industries: Agriculture, tourism, retail, services and manufacturing Education: James Cook University, CQUniversity, TAFE Queensland North, Tec-NQ, public and private early childhood, primary and senior schools and regional training organisations Newspaper: Townsville Bulletin, The Sun Council: www.townsville.qld.gov.au

BURDEKIN POPULATION

AREA

DISTANCE FROM TOWNSVILLE

17,888

5,053km2

90km

Major Sports and Events: Australian Hand Cane Cutting Championships, Burdekin Auto Festival Car and Bike Show, Burdekin Sugar Rush, Burdekin Readers’ and Writers’ Festival, Tastes of the Burdekin, Burdekin Water Festival Major Tourism Assets: The SS Yongala, Burdekin River Bridge, Wetlands, Alva Beach

Major Health Services: Public Hospital, GPs and allied health services Major Industries: Agriculture, horticulture and aquaculture Newspaper: Ayr Advocate and Home Hill Observer Council: www.burdekin.qld.gov.au

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CHARTERS TOWERS POPULATION

AREA

DISTANCE FROM TOWNSVILLE

12,491

68,388km2

137km

Major Sports and Events: Goldfield Ashes, Heart of the Goldfields Rodeo, Towers Rocks, 10 Days in the Towers, Charters Towers Country Music Festival, Charters Towers Motor Show and Swap Meet, Paluma Push Mountain Biking Adventure, Charters Towers Festival, Towers Rush Major Tourism Assets: Venus Gold Battery, Towers Hill Walking Track and Lookout, Self-Drive History Tour, Pan for Gold at the Miners Cottage, Texas Longhorn Wagon Tours Major Health Services: Public Hospital, GPs and allied health services

Major Industries: Mining, beef and education Education: The Charters Towers region has a rich history of education excellence catering to day, boarding, distance and tertiary education at the local TAFE campus, giving rise to its status as the education centre of the west. Newspaper: Northern Miner and North Queensland Register Council: www.charterstowers.qld.gov.au

HINCHINBROOK POPULATION

AREA

DISTANCE FROM TOWNSVILLE

11,700

2882km2

112km

Major Sports and Events: Australian Italian Festival, Recovery of the Great Barrier Reef

Major Industries: Agriculture, tourism, retail, services and manufacturing

Major Tourism Assets: Hinchinbrook Island, Wallaman Falls, TYTO, Mungalla Station, Fishing

Education: Private and public primary and secondary schools and TAFE Queensland North

Major Health Services: Public Hospital, GPs and allied health services

Newspaper: The Herbert River Express Council: www.hinchinbrook.qld.gov.au

PALM ISLAND POPULATION

AREA

DISTANCE FROM TOWNSVILLE

2,590

70.9km2

70km

Major Sports and Events: Palm Island Open Days

Major Health Services: Public Hospital

Major Tourism Assets: Indigenous heritage, beautiful islands and proximity to Great Barrier Reef

Council: www.piac.com.au

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The Strand Jetty by Megan MacKinnon 120


SECTOR ICON LEGEND ACCOMMODATION

DEFENCE

HOSPITALITY

RESIDENTIAL

AGED CARE

EDUCATION

INDUSTRIAL

RESOURCES

AGRICULTURE

ENERGY

LOGISTICS

RETAIL

ARTS

ENVIRONMENTAL

MIXED USE

SPORT AND RECREATION

COMMERCIAL

FOOD PROCESSING

RENEWABLE ENERGY

TOURISM

COMMUNITY INFRASTRUCTURE

HEALTH INFRASTRUCTURE

RESEARCH

UTILITIES


Townsville North Queensland

Phone +61 7 4726 2728 Fax +61 7 4726 2700 Email investment@tel.com.au Web www.townsvilleenterprise.com.au PRINCIPAL PARTNER

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