Pittsworth is a compact suburb in Queensland within the Toowoomba local government area (postcode 4356). The area has roughly 3,300 residents and a settled mid-life population, with a median age of 43. Households earn a median income of $67K per year, with an average household size of 2.5 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 technicians & trades, labourers, managers. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, German.
Median house prices in Pittsworth stand at $485,000, having climbed sharply by 21.9% over the last twelve months. The current median weekly rent is $480. This gives a gross rental yield of approximately 5.1%. The median monthly mortgage repayment is $1,300.
Pittsworth is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 978, 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, Pittsworth shows a gross rental yield of approximately 5.1%, rated as high yield. Property prices sit below the state median ($485K/$1.1M), which can point to relative value. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +21.9% 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.