Why property investors should consider buying in Toowoomba

Over the past two years, many Australians have had to adapt to working from home. Thanks to this phenomenon, many city residents are opting for a change. With a relaxed lifestyle, affordable housing, and larger blocks of land, now is the time to buy a property closer to the countryside.

If you are a property investor looking to add to your portfolio, look no further than Toowoomba. With its relaxed lifestyle and bustling CBD, Toowoomba should be on the list of every property investor looking to grow their portfolio.

Why Toowoomba?

Affectionately known as the garden city, Toowoomba is a 90-minute drive west of Brisbane that combines city living with a country feel. The town has become a popular destination for families and couples looking to escape city life.

With many new residents drawn to the town thanks to its thriving coffee culture, proximity to schools and vast areas of parklands, Toowoomba is a goldmine for property investors. With the University of Southern Queensland close by, it is an ideal area for students who want to live close to the campus.

Solid return on your investment

Toowoomba has seen house prices rise steadily over the past year, but unlike other major cities, it is still one of the more affordable places to buy in the country. With the average price of a house at $450,000 and units available around $250,000, the average weekly rent is $360 for houses and $270 for units per week. Add in the new apartment complexes being built for university students and mining workers, and property investors can get a solid return on their investment property in Toowoomba.

Speak to Tomoro today

Whether you are a first-time investor or looking to add to your portfolio, Toowoomba is the ideal town for investors to buy in.

To find out more about our property listings in Toowoomba, get in touch with us today by calling (07) 4580 0811 and one of our real estate sales experts will be happy to help.