Toowoomba’s property prices should continue to remain strong during 2025 according a leading property industry figure.
HTW Valuers director Marissa Griffin, writing in the company’s most recent quarterly report, says HTW believes Toowoomba’s general property market will continue to perform well with many agents still reporting a lack of stock in comparison to demand.
“We maintain that a prudent purchaser can feel secure in investing or purchasing in various localities throughout the Darling Downs,’’ she wrote.
She said median house and unit prices across Toowoomba have consistently risen over the previous five years, and this was no exception during 2024.
“It was observed that this was primarily driven by the reduction in supply of new stock entering the market, which continued to support both dwelling and unit prices, with increases in property prices observed across most market segments,” Ms Griffin said.
“Generally, agents continued to report good competition for properties listed for sale and that the general property market remained steady to strong in many market segments.”
Toowoomba’s prestige market continued to show good signs of growth with the high end and traditional suburbs of East Toowoomba, Mt Lofty, Rangeville and Middle Ridge still being sought after with strong enquiries.
“In this market segment and within these localities, 2024 saw some of the highest sale prices and approximately 40 sales in the over $1.5 million price point,’’ she said.
Top 3 Toowoomba Sales in 2024
$6.52 million: 4 Fernside Street, East Toowoomba- an 1867 heritage listed, four-bedroom, three-bathroom, fully renovated dwelling situated on a 4608 square metre allotment. Features multiple living areas, high quality fixtures and fittings, a swimming pool, tennis court and views.
$5.4 million: 2 Arthur Street, East Toowoomba- 1950s dwelling that had been fully renovated comprising four bedrooms and two bathrooms with extensive improvements which including a swimming pool and tennis court.
$3.8 million: 136 Mackenzie Street, East Toowoomba: sitting on 2004sqm property is a large 1890s fully renovated and restored timber dwelling that comprises four bedrooms and four bathrooms and a seven-car air-conditioned garage.
