Toowoomba Property Market & Development Rates — May 2026 | Suburbtrends

Toowoomba Property Market: Prices, Vacancy & Trends

As of May 2026, median house prices across the Toowoomba SA4 sit at $841,000 (Toowoomba). The stock-weighted rental vacancy rate is 0.9%. Top median house rent is $730/week in Highfields.

Source: Suburbtrends, 12-month rolling medians · Updated monthly
$841k
Toowoomba median house
$557k
Toowoomba median unit
+25.5%
Top SA3 growth (Toowoomba)
0.9%
SA4 vacancy (weighted)
$730/wk
Top house rent (Highfields)
812
Houses listed for sale

What is the median house price in the Toowoomba?

The Toowoomba comprises a single SA3 market, Toowoomba, where the median house price is $841,000 over the 12 months to May 2026.

SA3 house markets, Toowoomba — 12 months to May 2026
SA3 marketMedian house12-mth changeMedian unitDays on market
Toowoomba$841,000+25.5%$557,00043
Listings on market by SA3 — for sale and for rent, current month
SA3 marketHouses for saleHouses for rentUnits for saleUnits for rent
Toowoomba8121828867

Listings counts are the current-month average of properties advertised for sale or rent. Unit stock can be thin in regional markets — some SA2 unit markets carry only a handful of active listings at any time.

SA2 median prices, houses and units — 12 months to May 2026
SA2 areaSA3House medianHouse 12-mthUnit median
HighfieldsToowoomba$1,100,000+23.6%
Toowoomba - EastToowoomba$1,100,000+32.5%$515,000
Middle RidgeToowoomba$1,080,000+17.4%
RangevilleToowoomba$923,000+18.3%
Gowrie (Qld)Toowoomba$880,000+22.2%
Lockyer Valley - WestToowoomba$875,000+18.2%
Toowoomba - WestToowoomba$850,000+17.2%
Cambooya - WyreemaToowoomba$825,000+35.0%
Toowoomba - CentralToowoomba$791,000+19.8%$550,000
Darling HeightsToowoomba$785,000+20.8%$568,000
Drayton - HarristownToowoomba$740,000+23.3%$549,000
WilsontonToowoomba$735,000+24.6%
North Toowoomba - HarlaxtonToowoomba$720,000+24.1%
Newtown (Qld)Toowoomba$700,000+17.6%$545,000
GattonToowoomba$685,000+24.5%

† Thin market: fewer than 40 sales in 12 months, or a distorted price mix — medians are volatile and 12-month changes are not reported. A dash indicates too few unit sales to report a reliable median.

Which Toowoomba areas are growing fastest?

Among SA2 areas with robust sales volumes, the strongest 12-month house price growth to May 2026 was Cambooya - Wyreema +35.0%, Toowoomba - East +32.5%, Wilsonton +24.6%, Gatton +24.5%, North Toowoomba - Harlaxton +24.1%.

What is the rental vacancy rate in the Toowoomba?

The rental vacancy rate across the Toowoomba SA4 is 0.9% as at May 2026 — a critically tight market.

Rental vacancy by SA3, rolling 3-month rate — trailing 6 months
SA3 marketDec 25Jan 26Feb 26Mar 26Apr 26May 26Rental stock
Toowoomba1.1%0.8%1.2%1.2%1.0%0.9%1,136

Suburbtrends Vacancy Index methodology: vacant rental listings as a share of total rental stock, rolling 3-month basis. SA4 weighted rate uses current rental stock weights.

What are the rents in the Toowoomba?

Median house rents across the Toowoomba run to $730/week in Highfields at the top of the region. Unit rents typically sit below houses; bedroom splits below show where stock supports a reading.

House rents by SA2 — weekly median and bedroom splits, 12 months to May 2026
SA2 areaMedian2-bed3-bed4-bed
Highfields$730$500$650$750
Middle Ridge$695$520$650$690
Gowrie (Qld)$650$480$550$670
Rangeville$640$510$600$700
Toowoomba - East$625$470$600$700
Toowoomba - West$620$430$530$640
Darling Heights$580$460$540$630
Lockyer Valley - West$580$330$550$650
Toowoomba - Central$575$455$560$650
North Toowoomba - Harlaxton$560$490$550$640
Cambooya - Wyreema$550$450$480$560
Drayton - Harristown$550$450$550$600
Gatton$550$450$550$610
Newtown (Qld)$540$450$540$600
Wilsonton$540$430$520$600
Unit rents by SA2 — weekly, where stock supports a reading, 12 months to May 2026
SA2 areaMedian2-bed3-bed
Middle Ridge$590$540$640
Highfields$550$440$560
Rangeville$520$430$630
Toowoomba - East$480$450$620
Toowoomba - West$480$450$490
Wilsonton$460$430$480
Newtown (Qld)$450$440$540
Toowoomba - Central$450$430$575
Darling Heights$440$420$500
Drayton - Harristown$440$425$500
North Toowoomba - Harlaxton$425$410$480
Gatton$420$410$420
Lockyer Valley - West$400$380$400
Cambooya - Wyreema$360$350$440

Rents are median advertised asking rents over 12 months. Bedroom splits are reported where enough listings support a reading; a dash indicates too few. Unit rents are shown only for SA2s with sufficient rental stock.

For developers & lenders Suburbtrends is building Development Rates for the Toowoomba — new-build sale, land and construction rates per sqm by SA2, with traced site purchases and MCG-prepared cost bands. Join the waitlist →

How this data is compiled

Suburbtrends compiles transaction, listings and rental records monthly across every SA2, SA3 and SA4 in Australia. Medians and percentiles are calculated on a 12-month rolling basis; vacancy follows the Suburbtrends Vacancy Index methodology (vacant rental listings as a share of total rental stock, rolling 3 months). Development Rates covers completed strata projects of 4–40 dwellings, with each project's site purchase traced through the title record to derive the land component. Thin markets are flagged and 12-month changes suppressed where sample sizes do not support them. Boundaries follow the ABS ASGS Edition 3. This page was last updated with data to May 2026, and is refreshed in the first week of every month.

Kent Lardner, Head of Research at Suburbtrends
Kent Lardner
Head of Research, Suburbtrends · 30+ years in property data analytics

Kent's research is regularly cited in the Australian Financial Review, news.com.au and industry media. He previously led data science teams at major property data firms and founded Suburbtrends to publish independent, suburb-level market research. Full profile and press citations →

© 2026 Suburbtrends · Independent Australian property research · Market data on this page may be cited with attribution to Suburbtrends and a link to this URL. Development Rates figures shown are headline regional rates; figures are estimates derived from transaction and title records and do not constitute financial advice.