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Toowong
AREA REPORTS

Toowong

Toowong - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4066

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 26.52% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $1,037,500

The augmented property values in the suburb are trailing behind the territorial average of 11.8% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $569.75.

Home owners selling their properties and realtors in TOOWONG usually have to wait an average of 40.3 days days before their assets are lifted off the market.

The QLD suburb ranks 705th on the list of best yielding suburbs for rental properties in QLD, posting a 2.86% return.

It also places places 228th in Australia based on median property value growth during the quarter.

Data report can be found below

Toowong
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,037,500 $452,750
GROWTH REPORT
Median Quarterly 6.96% 1.74%
Median 12 month 5.54% 3.84%
Median 3 years 26.52% 7.8%
Median 5 years 32.67% -2.21%
10 years average annual 4.52% 1.01%
Weekly media advert. rent $569.75 $400
Time on Market 40.3 days 44.9 days
Gross Rental Yield Percent 2.86% 4.59%
demographics (median values)*
Total Population
9870
Weekly Household Income
1155
Household Size
2.20
Age
27
Monthly Loan Repayment
1600
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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