North Toowoomba QLD

Postcode 4350 · Toowoomba LGA

North Toowoomba is a smaller suburb in Queensland within the Toowoomba local government area (postcode 4350). With a population of 3,332, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $65K per year, with an average household size of 2.2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in North Toowoomba is $525,000, having surged 17.6% over the past year. Units have a median price of $406,000 (+8.9% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 5.4%. The median monthly mortgage repayment is $1,408.

The crime rate in the Toowoomba LGA is moderate at 5,673 incidents per 100,000 population.

From an investment perspective, North Toowoomba offers a gross rental yield of 5.4%, rated as high yield. Property prices sit below the state median ($525K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 8.0x is considered moderate. House prices have moved +17.6% year-on-year.

INVESTMENT SIGNALS
Rental Yield5.4% High Yield
Price vs State$525K/$1.1M Below Median
Affordability8.0x Moderate
Price Momentum+17.6% Rising
INCOME (ATO 2022-23)
Median Income$54,174
Mean Income$64,565
Earners3,795
YoY Change+5.6%
SEIFA INDEX (ABS)
Advantage2/10
Education5/10
Economic1/10
Disadvantage2/10
MEDIAN HOUSE
$525K
17.6% YoY
MEDIAN UNIT
$406K
8.9% YoY
MEDIAN RENT /WK
$285
POPULATION
3,332
DEMOGRAPHICS
Median Age37
Household Size2.2
HH Income /wk$1,256
Personal Income /wk$718
Mortgage /mth$1,408
CRIME (Toowoomba LGA)
Crime Rate (per 100k)5,673
Total Incidents5,673
Data: 2024