Suburb Profile
Looking to buy property in Toowoomba? As Toowoomba Buyer’s Agents we’d be happy to help with your purchase!
Toowoomba presents an exciting opportunity for home buyers and investors seeking an affordable yet dynamic property market. Positioned as a key regional hub, Toowoomba offers a diverse economy, ongoing infrastructure projects, and more affordable property prices compared to Brisbane, making it a prime location for investment. The city’s property market has demonstrated strong growth and resilience.
Engaging a buyers agent in Toowoomba can provide essential market insights and expertise, ensuring buyers secure the best opportunities in this thriving region.
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Toowoomba is a major regional city located approximately 125 km west of Brisbane, sitting atop the Great Dividing Range at an elevation of around 700 metres. It is often referred to as the “Garden City” due to its numerous parks and gardens. Toowoomba is the largest inland city in Queensland and serves as a key regional hub for the Darling Downs.
As of the 2021 Census, Toowoomba has a population of approximately 140,000 people. The demographic profile is diverse, comprising families, retirees, students, and professionals. The median age of residents is 38 years. Around 80% of residents are Australian-born, with significant communities from New Zealand, England, and South Africa. Toowoomba has a growing multicultural population, partly due to its role as a regional education and employment hub.
Toowoomba’s population has been on an upward trajectory, growing by approximately 8.4% between 2016 and 2021, adding over 12,500 residents.
Toowoomba boasts a diverse range of shopping, dining, and entertainment options, catering to both residents and visitors.
Toowoomba is well-connected by road and public transport. The Toowoomba Bypass (Second Range Crossing)provides a key transport link, improving access for freight and commuters. The city is serviced by bus networks operated by Bus Queensland, providing transport throughout the urban and suburban areas. The Toowoomba Wellcamp Airport offers domestic and international freight flights, with some passenger services. Rail connections exist but are limited, mainly supporting freight transport.
Toowoomba has a strong education sector, with a mix of public, private, and independent schools. Key schools include:
Toowoomba is known for its lush parks and green spaces, offering residents ample opportunities for outdoor recreation and relaxation.
Unlike many regional towns in Queensland, Toowoomba’s economy is driven by a diverse range of industries making it a less volatile market to invest in.
Toowoomba offers a mix of heritage homes, modern houses, townhouses, and units. Traditional Queenslanders and post-war homes are common in central areas, while newer suburbs feature contemporary designs.
The Toowoomba property market has demonstrated remarkable resilience and growth, making it an attractive destination for home buyers and investors. The median dwelling value is $649,797, with an annual increase of 12.7%. For those seeking expert guidance, a buyers agent in Toowoomba can help navigate this competitive market.
| Suburb | Distance from Toowoomba CBD (km) | Median House Price ($AUD) |
|---|---|---|
| Blue Mountain Heights | 8 | 989,250 |
| Centenary Heights | 5 | 645,000 |
| Cotswold Hills | 8 | 723,500 |
| Cranley | 6.9 | 618,750 |
| Darling Heights | 5 | 580,000 |
| Drayton | 7 | 617,500 |
| East Toowoomba | 2 | 782,500 |
| Glenvale | 5 | 618,000 |
| Harlaxton | 5 | 491,000 |
| Harristown | 4 | 552,500 |
| Highfields | 11 | 835,000 |
| Kearneys Spring | 3 | 670,000 |
| Middle Ridge | 5.7 | 760,000 |
| Mount Kynoch | 6 | 592,500 |
| Mount Lofty | 3 | 741,000 |
| Newtown | 3 | 551,000 |
| North Toowoomba | 2 | 575,000 |
| Prince Henry Heights | 5.1 | 940,000 |
| Rangeville | 5 | 760,000 |
| Redwood | 4 | 1,170,000 |
| Rockville | 5 | 532,500 |
| South Toowoomba | 2 | 590,000 |
| Toowoomba City | 0 | 620,000 |
| Torrington | 7 | 805,000 |
| Wilsonton | 5.9 | 525,500 |
| Wilsonton Heights | 6 | 529,500 |
The median price for units and townhouses in Toowoomba sits around $370,000. The unit market is driven by students, retirees, and investors seeking rental income. Suburbs closer to the CBD tend to have higher unit prices and rental demand.
Toowoomba’s property market has shown strong and consistent growth, making it an attractive destination for both home buyers and investors. Key indicators highlight the city’s robust real estate performance:
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