Toowoomba
Why Toowoomba?
Toowoomba, located around 130 km west of Brisbane, is Queensland’s second-largest inland city and the regional hub of the Darling Downs. Known as the “Garden City,” Toowoomba combines a relaxed lifestyle with strong economic drivers like agriculture, healthcare, logistics, education, and retail. Significant ongoing investment in transport and housing, including major rail and road upgrades and large residential estates, is supporting long-term growth and making it a top regional investment destination.
Investment Highlight:
Median house price: A$670,000 (as of Q2 2024), up 17.5% annually
Median unit price: A$450,000, up 25% annually
Rental yields: 4.1–4.2% for houses and up to 5.5% for units
Vacancy rate: Very low, approximately 0.5–0.9%
Strong buyer demand: Rapid price growth with shrinking housing stock
Major infrastructure projects: Ongoing Inland Rail and North–South Link upgrades, hospital expansions, and large-scale new housing estates in suburbs like Highfields
Approximate Cost
Median house price: A$670,000
Median unit price: A$450,000
Rental yields: 4.1–4.2% (houses), 4.3–5.5% (units)
Median weekly rent: A$500 for houses, A$350–390 for units
Vacancy rate: 0.5–0.9%
Days on market: Around 15–20 days
Ideal For: Toowoomba is perfect for investors looking for capital growth and healthy yields outside major metropolitan centres. It also suits first-home buyers, families, and downsizers attracted to affordable housing, good amenities, and quality schools. Developers and commercial operators can tap into the region’s strong demand driven by expanding infrastructure and its diverse local economy spanning education, health, logistics, and agriculture.
