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Suburb Insights ยท QLD 4066

Toowong 4066, Queensland

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Toowong is a well-established middle-ring suburb of Brisbane, Australia, with a population of approximately 12,556, making it a smaller community. Located 4 km from the Brisbane CBD, Toowong is a middle ring area in Queensland. The median household income is $100,204 AUD per year (ABS 2021 Census).

Investment Score

82 / 100 Strong

Strong household incomes in Toowong underpin solid property demand. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Toowong, Queensland, Australia.

Key Indicators

Postcode
4066

Official Australia Post postcode for Toowong. A postcode may cover multiple suburbs.

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Population
12,556

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$420/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$100,204/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
4 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
5

Estimated 5 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
26% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Toowong's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $420/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. A median household income of $100,204/year supports premium property values and indicates a well-employed resident base. With only 26% separate houses, Toowong has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

Toowong's established location and strong demographics make it well-suited to a long-term buy-and-hold strategy.

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Rental Yield

Rental yields in Toowong are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Older housing stock in Toowong combined with strong buyer demand creates solid renovation upside.

Risk Factors

Run the numbers on a Toowong property

Full Property Analysis

30-year projections for Toowong

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Toowong enters 2026 with positive growth momentum, supported by strong local demographics and sustained demand. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Confidence in Toowong's medium-term prospects is reflected in sustained buyer interest.

Frequently Asked Questions

Is Toowong a good suburb for investment?

Toowong is a middle ring area in Queensland with a population of 12,556. The median rent is $420/week and the median household income is $100,204/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Toowong?

Key demand drivers in Toowong include established amenities and transport access. 26% of dwellings are separate houses. The area has approximately 3 schools and 5 parks nearby.

What is the population of Toowong?

According to the ABS 2021 Census, Toowong has a population of approximately 12,556. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Toowong from the Brisbane CBD?

Toowong is approximately 4 km straight-line distance from the Brisbane CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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