Suburb Profile Report for East Toowoomba QLD (4350)

East Toowoomba House: Median price $485,000, Annual capital growth 4.41%, Number of sales 129, Weekly median advertised rent $340

East Toowoomba Unit: Median price $295,000, Annual capital growth 5.69%, Number of sales 49, Weekly median advertised rent $265

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in East Toowoomba has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.04%

Taking the average capital gain, or increase in median house value, East Toowoomba,4350 has racked up an average of 1.04% over the period. This ranks it number 2133th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in East Toowoomba are currently offering property investors an average price cut of -6.18% below the asking price at the moment.

On average over the past year, suburb has had 10.75 sales per month, which equates to 129 per year.

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

East Toowoomba, 4350 ranked 356th in QLD when comparing growth in median property values or capital gain over the last 12 months. East Toowoomba is one of 2415 in our list for QLD

Over the longer term, East Toowoomba has seen property prices show investors a 20.90% return over the last 3 years. This is worse than over the last 12 months

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.08% offered to property buyers. Sellers in East Toowoomba itself are offering an average vendor discount of -7.87% to real estate investors.

A $265 per week rent on the median house gives suburb investors a gross yield of circa 4.67%, without taking into account capital value appreciation, which has been averaging out at 5.69%.

Metrics i HOUSE UNIT
$485,000 $295,000
-3.00% -11.68%
1.04% -18.06%
4.41% 5.69%
$340 $265
129 49
3.65% 4.67%
68.03 121.28

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 5675
Median household income ($/weekly) 1109
Median age of persons 37
Median housing loan repayment ($/monthly) 1733
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 918 16.2
    25-34 years 561 9.9
    35-44 years 789 13.9
    45-54 years 736 13.0
    55-64 years 646 11.4
    Others 2026 35.7
    Age Group
    Census Count Percent(%)
    Not Married 1766 47.2
    Registered Married 1686 45.1
    Defacto Relationship 289 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 4729 87.4
    Papua New Guinea 85 1.6
    South Africa 38 0.7
    United Kingdom 204 3.8
    Other 126 2.3
    Others 228 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 58 1.1
    Christianity 3967 76.0
    Hinduism 19 0.4
    Other Religious Groups 20 0.4
    No Religion 1135 21.7
    Others 22 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 195 9.7
    $400-$599 230 11.4
    $600-$799 183 9.1
    $800-$999 188 9.3
    $1,500-$1,999 229 11.4
    Others 987 49.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1637 39.0
    Not in the labour force 1514 36.0
    Employed, worked part-time 758 18.0
    Unemployed, looking for work 156 3.7
    Employed, away from work 135 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 295 11.7
    Professionals 850 33.6
    Technicians & trades workers 277 10.9
    Community & personal service workers 262 10.4
    Clerical & administrative workers 300 11.9
    Others 547 21.6
    Occupation
    Census Count Percent(%)
    Pre-school 69 4.1
    Infants/Primary 583 34.5
    Secondary 634 37.5
    Technical or Further Educational Institution 122 7.2
    University or other Tertiary Institutions 242 14.3
    Others 41 2.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3729 77.3
    Flat, unit or apartment 863 17.9
    Semi-detached, row or terrace house, townhouse 192 4.0
    House or flat attached to a shop, office 20 0.4
    Caravan, cabin, houseboat 19 0.4
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 910 42.3
    Fully owned 628 29.2
    Being purchased 600 27.9
    Other tenure type 15 0.7
    Tenure Type
Census 2011, ABS
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