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North Toowoomba, QLD 4350
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$735,000
market range $675K-$850K
Median Unit
$600,000
market range $550K-$675K
Gross Yield (units)
4.0%
1yr Growth (houses)
+9.5%
market range +5.0% to +17.5%
Investment snapshot for North Toowoomba
North Toowoomba has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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North Toowoomba market and investor summary
In North Toowoomba, QLD 4350, the median house sells for around $735K. House prices have moved +9.5% over the past year and +60.7% over three years. At 0.6% vacancy, it is a tight rental market that favours landlords.
Rental demand looks steady, with vacancy at 0.6% and a resident base that is not shrinking.
Living in North Toowoomba: people, income and schools
North Toowoomba is home to around 3,332 people, and the area has been growing steadily, up about 7% over five years. At a median age of 37, it reads as broadly working-age, and families account for 59% of households.
The typical household income runs to around $65,000 a year (about $1,260 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to a steep 11.3 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.
Families have 38 schools within roughly 5km to choose from, testing below the national school average on ICSEA. Some errands can be done on foot, though a car still helps; the suburb scores 59 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.
- Population
- 3,332
- +7% over 5yr
- Median age
- 37 years
- Median household income
- $65,000/yr
- Households renting
- 44%
- Family households
- 59%
- Socio-economic rank
- 5/10
- ABS advantage index
- Schools within 5km
- 38
- avg ICSEA 924
- Unemployment
- 4.5%
- Walk score
- 59/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in North Toowoomba
View all →Frequently asked questions about North Toowoomba
What should I check before investing in North Toowoomba?
North Toowoomba has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.0% gives a usable rent-to-price starting point. Capital growth of +9.5% in the past year shows strong recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in North Toowoomba?
The median property price in North Toowoomba, QLD 4350 is $735K for houses and $600K for units.
What rental yield does North Toowoomba show?
The gross rental yield in North Toowoomba is 4.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for North Toowoomba?
House prices in North Toowoomba are up 9.5% over the past year and up 60.7% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in North Toowoomba?
The current vacancy rate in North Toowoomba is 0.6%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in North Toowoomba?
North Toowoomba has a population of approximately 3,332 residents, with a median age of 37.
What schools are near North Toowoomba?
There are 38 schools within roughly 5km of North Toowoomba. Their average ICSEA is below the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is North Toowoomba affordable to buy in?
A median house in North Toowoomba costs about 11.3 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is North Toowoomba's population growing?
The population of North Toowoomba has grown about 7% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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