The value of residential properties in Toowoomba surged 31 per cent in the three years, according to the State Government Valuer-General’s 2025 official land valuations.
The revaluations, which cover 70,359 properties in the region, brought the total value of property in the region to $26,596,591,863. The total represents an overall increase of 31 per cent since the last revaluation were issued in 2022.
And while land owners might be feeling richer, they might not be paying significantly more in council rates bills.
Toowoomba Region Mayor Geoff McDonald said the council would use average valuations over two or three years and, where appropriate, apply rate caps to certain rating categories.
“A big spike on your land valuation from the Queensland Valuer-General does not automatically mean a big spike in your council rates,” Cr McDonald said.
“In the formation of our 2025/26 Budget, Council can implement a number of measures to smooth out the valuation to ensure residents are not adversely affected by a large valuation increase.”
The Valuer General’s office found that land values were being driven by a number of factors including an increasing population, increased economic employment opportunities and lifestyle changes and quality of life opportunities.
Some parts of the Toowoomba region experienced jumps in value of more than 100 per cent while other areas enjoyed moderate increases.
Significant increases were recorded within the small towns including Cooyar, Haden, Jondaryan, Southbrook and Yarraman due to their affordability and coming from a lower base. Values in the towns of Clifton, Greenmount, and Nobby, experienced minor increases.
