Toowoomba City is Queensland's second-largest inland city and the 'Garden City' of Australia — a beautiful elevated city with a stunning display of jacaranda and rose gardens, thriving food and arts scene, and growing role as the eastern gateway to the Surat Basin's energy industries. Sub-$620K houses delivering yields above 5.5% in a city with consistent double-digit growth represent outstanding fundamentals for investors seeking Queensland regional exposure. At the current $620k median house price, an 80% loan at 6.25% over 30 years is about $3,054 per month.
| Median house price | $620,000 |
|---|---|
| Median unit price | $420,000 |
| Estimated monthly repayment | $3,054 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 11.5% |
| Gross rental yield | 5.5% |
| Typical days on market | 12 |
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