Suburb Profile Report for North Toowoomba QLD (4350)

North Toowoomba House: Median price $327,000, Annual capital growth 5.38%, Number of sales 78, Weekly median advertised rent $300

North Toowoomba Unit: Median price $282,500, Annual capital growth 8.96%, Number of sales 10, Weekly median advertised rent $260

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in North Toowoomba has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.15%

Taking the average capital gain, or increase in median house value, North Toowoomba,4350 has racked up an average of 3.15% over the period. This ranks it number 1809th in the whole country for real estate investors looking at median house price increases.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.31% offered to property buyers. Sellers in North Toowoomba itself are offering an average vendor discount of -5.03% to real estate investors.

At number 917 in a list of fastest selling suburbs, North Toowoomba is in the TOP 30% of suburbs in Australia with an average of days on market 61.37 for properties listed there.

A $300 per week rent on the median house gives suburb investors a gross yield of circa 4.77%, without taking into account capital value appreciation, which has been averaging out at 5.38%.

North Toowoomba has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 0.62% to date .

North Toowoomba,4350 was ranked 521 in Australia by increase in median property value over the quarter.

Property investors should expect to get $260 weekly from the median priced house in this suburb.

HOUSE UNIT
$327,000 $282,500
5.48% 2.17%
3.15% 0.62%
5.38% 8.96%
$300 $260
78 10
4.77% 4.79%
61.37 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 3048
Median household income ($/weekly) 931
Median age of persons 35
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 351 11.5
    25-34 years 427 14.0
    35-44 years 445 14.6
    45-54 years 416 13.6
    55-64 years 310 10.2
    Others 1100 36.1
    Age Group
    Census Count Percent(%)
    Not Married 1118 50.5
    Registered Married 863 39.0
    Defacto Relationship 234 10.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 2596 90.2
    New Zealand 18 0.6
    Papua New Guinea 58 2.0
    United Kingdom 87 3.0
    Other 49 1.7
    Others 71 2.5
    Country of Birth
    Census Count Percent(%)
    Christianity 2073 75.6
    No Religion 618 22.5
    Buddhism 29 1.1
    Other Religious Groups 19 0.7
    Hinduism 4 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 158 13.7
    $600-$799 140 12.1
    $800-$999 141 12.2
    $1,000-$1,249 128 11.1
    $1,500-$1,999 131 11.4
    Others 455 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 922 39.7
    Not in the labour force 783 33.8
    Employed, worked part-time 422 18.2
    Unemployed, looking for work 112 4.8
    Employed, away from work 81 3.5
    Person Characteristics
  • Census Count Percent(%)
    Professionals 280 19.7
    Technicians & trades workers 246 17.3
    Community & personal service workers 171 12.0
    Clerical & administrative workers 193 13.6
    Labourers 186 13.1
    Others 348 24.4
    Occupation
    Census Count Percent(%)
    Pre-school 35 5.4
    Infants/Primary 237 36.9
    Secondary 160 24.9
    Technical or Further Educational Institution 84 13.1
    University or other Tertiary Institutions 115 17.9
    Others 12 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2569 90.3
    Flat, unit or apartment 258 9.1
    Semi-detached, row or terrace house, townhouse 18 0.6
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 536 42.6
    Being purchased 416 33.1
    Fully owned 298 23.7
    Other tenure type 7 0.6
    Tenure Type
Census 2011, ABS
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