Toowoomba Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2025, Toowoomba* (which for this report include sales for all areas in Toowoomba Local Council) had a median house price of $720,000 and a median unit price of $525,000. This represents annual (Q2 2024 – Q2 2025) price growth of 11.6% for houses and 14.8% for units, thus an ideal opportunity for owners to sell. Comparing Q2 2024 and Q2 2025, sales declined by -27.6% for houses (to 602 sales in Q2 2025) and -28.8% for units (to 161 sales in Q2 2025). There is an undersupplied market, which created a buffer against higher interest rates - hence price growth. With only a few new dwellings planned for 2025, buyers must act fast.
CHANGE FROM LAST
YEAR
Toowoomba£ will see approximately $1.8B of new projects commencing construction in 2025.
Mixed-Use $269.8M
HALF YEAR
Infrastructure $122.4M
HOUSE SALE S
Commercial
HOUSE ME DIAN PRICE
$1.3B
HOUSE RE NTAL PRICE A key commercial project planned in 2025 is Bulli Creek Solar Farm ($1.0B), delivering up to 2 gigawatts of solar energy. This project will stimulate local jobs and economic growth.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Combined with other commercial and infrastructure projects this will attract more people to live in Toowoomba.
$
Key residential projects include: •
51 Spies Road Subdivision (131 Lots)
MARKET CONDITIONS
•
68 Bridge Street & 29 Cavell Street Townhouses (6 Townhouses)
SALES
•
16 Whichello Street Units (5 Units)
•
Crighton Road (3 Dwellings)
MEDIAN PRICE Q2 2025
$720K
$525K
MEDIAN PRICE Q2 2025
$550
AVERAGE DAYS ON MARKET Q2 2025
33
31
HOUSE
U N I T
RENTALS
$430
The number of units and townhouses planned will not meet demand, due to a high number of sales in Q2 2025. The market will remain undersupplied, thus continuing to drive up property prices.
AVERAGE DAYS ON MARKET Q2 2025
19
16
HOUSE
U N I T
39 Units/ Apartments
23 Townhouses
3 Dwellings
839 Lots