Located in Queensland within the Toowoomba local government area, Highfields is a mid-sized suburb (postcode 4352). The area has roughly 8,568 residents and a settled, mature resident base, with a median age of 45. Households earn a median income of $104K per year, with an average household size of 2.8 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 most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and education. The top ancestries reported are English, Australian, Irish.
Median house prices in Highfields stand at $830,000, having posted strong gains by 8.5% over the last twelve months. Units have a median price of $471,000 (+14.9% YoY). The current median weekly rent is $750. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,842.
Highfields is served by 4 schools, including 1 primary, 1 secondary, 2 combined. The average ICSEA score is 1038, which is around the national average of 1,000. The crime rate in the Toowoomba LGA is moderate at 5,831 incidents per 100,000 population.
On the investment side, Highfields shows a gross rental yield of approximately 4.7%, rated as moderate yield. Property prices are near the state median ($830K/$1.1M). The price-to-income ratio of 8.0x is considered moderate. House prices have moved +8.5% year-on-year. 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.