Wise investors are now looking with great confidence at the Townsville region - known locally as the Twin Cities of Townsville and Thuringowa.

The population is now more than 150,000, and average annual growth is forecast at 1.6 per cent until 2016 when more than 178,000 people are predicted to be living in the Twin Cities.

• Economic growth is higher than both state and national averages, and all forecasts indicate that trend will continue. The region's economy has the ideal formula for attracting investment - strength, diversity and stability.
  
• Coupled with business confidence and high economic growth rates, these factors ensure Townsville is and will remain one of the most dynamic regions in Australia.

The region’s economic base is diverse and therefore stable and resilient to market fluctuations. Forecasts point to significant continued growth in manufacturing, trade, electricity and gas.