Pittsworth is a smaller suburb in Queensland within the Toowoomba local government area (postcode 4356). With a population of 3,300, the suburb has an established demographic with a median age of 43. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are Australian, English, German.
The median house price in Pittsworth is $485,000, having surged 21.9% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 4.5%. 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 5,673 incidents per 100,000 population.
From an investment perspective, Pittsworth offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($485K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +21.9% year-on-year.
Pittsworth is a smaller suburb in Queensland within the Toowoomba local government area (postcode 4356). With a population of 3,300, the suburb has an established demographic with a median age of 43. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, labourers, managers. The top ancestries reported are Australian, English, German.
The median house price in Pittsworth is $485,000, having surged 21.9% over the past year. The current median weekly rent is $420. This gives a gross rental yield of approximately 4.5%. 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 5,673 incidents per 100,000 population.
From an investment perspective, Pittsworth offers a gross rental yield of 4.5%, rated as moderate yield. Property prices sit below the state median ($485K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.2x is considered moderate. House prices have moved +21.9% year-on-year.