AREA REPORTS

South Toowoomba

 

 

QLD/
South toowoomba

Suburb Profile

South Toowoomba - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4350

house
unit

SOUTH TOOWOOMBA, 4350 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $322,500.

Profits due to an downward trend in home prices in the suburb averaged -1.39% per annum over a 3-year period.

SOUTH TOOWOOMBA now ranks at the 622nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in SOUTH TOOWOOMBA are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $315 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In SOUTH TOOWOOMBA, homes and units usually stay on listing for an average of 61.1 days.

In 2016, 100 properties were sold in SOUTH TOOWOOMBA during the past year, making it the 906th most active market in QLD based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $322,500 $316,000
GROWTH REPORT
Median Quarterly -2.27% 5.69%
Median 12 month -2.27% 7.12%
Median 3 years -4.16% 0.81%
Median 5 years 8.4% 20.96%
10 years average annual 2.85% 4.49%
Weekly media advert. rent $315 $260
Time on Market 61.1 days 105.3 days
Gross Rental Yield Percent 5.08% 4.28%
demographics (median values)
Total Population
5253
Weekly Household Income
778.3
Household Size
2.30
demographics
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