Toowong is a well-established suburb in Queensland within the Brisbane local government area (postcode 4066). With a population of 12,556, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $100K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Toowong is $1.6 million, having grown strongly 5.8% over the past year. Units have a median price of $620,000 (+17% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,000.
Toowong is served by 6 schools, including 2 primary, 2 secondary, 2 combined. The average ICSEA score is 1162, which is well above the national average of 1,000. Public transport access includes 1 rail station, 66 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Toowong offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 15.8x is considered stretched. House prices have moved +5.8% year-on-year.
Toowong is a well-established suburb in Queensland within the Brisbane local government area (postcode 4066). With a population of 12,556, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $100K per year, with an average household size of 2.1 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Toowong is $1.6 million, having grown strongly 5.8% over the past year. Units have a median price of $620,000 (+17% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,000.
Toowong is served by 6 schools, including 2 primary, 2 secondary, 2 combined. The average ICSEA score is 1162, which is well above the national average of 1,000. Public transport access includes 1 rail station, 66 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Brisbane LGA is moderate at 6,244 incidents per 100,000 population.
From an investment perspective, Toowong offers a gross rental yield of 2.0%, rated as low yield. Property prices are above the state median ($1.6M/$1.1M), placing it in the premium segment. The price-to-income ratio of 15.8x is considered stretched. House prices have moved +5.8% year-on-year.