Located in Queensland within the Toowoomba local government area, Balgowan is a sparsely populated locality (postcode 4401). It is home to about 7 residents, with a settled mid-life population and a median age of 44. Households earn a median income of $30K per year, with an average household size of 4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The top ancestries reported are English, Australian, German.
The crime rate in the Toowoomba LGA is moderate at 5,831 incidents per 100,000 population.
Looking at the investment signals, Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.