Suburb Profile Report for South Toowoomba QLD (4350)

South Toowoomba House: Median price $340,000, Annual capital growth 2.98%, Number of sales 91, Weekly median advertised rent $320

South Toowoomba Unit: Median price $307,000, Annual capital growth 3.49%, Number of sales 23, Weekly median advertised rent $270

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

South Toowoomba is in the TOP 30% in QLD when comparing median price capital growth over the last year. South Toowoomba gave property investors a good capital gain figure when compared to the rest of the state, with 6.25%.

Across a shorter period, South Toowoomba, 4350 has seen a median price increase of 2.72% over the last quarter.

Vendor discounting in South Toowoomba is giving property investors an average Vendor Discount of around -6.17%. This puts suburb at number 375th in QLD when ranking the most discounted suburbs.

At number 1430 in a list of fastest selling suburbs, South Toowoomba is in the TOP 40% of suburbs in Australia with an average of days on market 69.9359 for properties listed there.

With the median price for a house in South Toowoomba being $340000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 4.89%

Giving property investors a a solid capital gain of 11.03% for the last year, South Toowoomba, 4350 is the 239th highest performer in Australia in this respect.

The five-year average increase in median property values for South Toowoomba,4350 has given property investors a potential capital gain of -0.65% across each of those five years.

Our latest figures would indicate that property sellers in South Toowoomba are currently offering property investors an average price cut of -5.17% below the asking price at the moment.

Residents and property investors in South Toowoomba have been waiting around 72.0588 days to sell a property.

A $270 per week rent on the median house gives suburb investors a gross yield of circa 4.57%, without taking into account capital value appreciation, which has been averaging out at 3.49%.

Metrics i HOUSE UNIT
$340,000 $307,000
2.72% 13.91%
6.25% 11.03%
2.98% 3.49%
$320 $270
91 23
4.89% 4.57%
69.9358974358974 72.0588235294118

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 5224
Median household income ($/weekly) 934
Median age of persons 35
Median housing loan repayment ($/monthly) 1430
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 643 12.3
    25-34 years 755 14.4
    35-44 years 681 13.0
    45-54 years 685 13.1
    55-64 years 538 10.3
    Others 1924 36.8
    Age Group
    Census Count Percent(%)
    Not Married 1799 49.3
    Registered Married 1436 39.3
    Defacto Relationship 417 11.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 4419 89.5
    Papua New Guinea 72 1.5
    Philippines 30 0.6
    United Kingdom 134 2.7
    Other 135 2.7
    Others 149 3.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 47 1.0
    Christianity 3573 74.9
    Islam 33 0.7
    Other Religious Groups 40 0.8
    No Religion 1058 22.2
    Others 17 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 199 10.2
    $400-$599 261 13.4
    $600-$799 255 13.1
    $1,000-$1,249 209 10.7
    $1,500-$1,999 218 11.2
    Others 809 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1505 37.9
    Not in the labour force 1407 35.4
    Employed, worked part-time 734 18.5
    Employed, away from work 176 4.4
    Unemployed, looking for work 152 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 479 19.8
    Technicians & trades workers 363 15.0
    Community & personal service workers 286 11.8
    Clerical & administrative workers 337 14.0
    Labourers 327 13.5
    Others 622 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 53 4.5
    Infants/Primary 416 35.2
    Secondary 322 27.2
    Technical or Further Educational Institution 102 8.6
    University or other Tertiary Institutions 255 21.6
    Others 35 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3881 82.5
    Flat, unit or apartment 494 10.5
    Semi-detached, row or terrace house, townhouse 329 7.0
    House or flat attached to a shop, office 3 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 890 42.9
    Being purchased 667 32.1
    Fully owned 507 24.4
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
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