Current

Marketplace

What I am seeing on the ground & in the numbers

The continued shortage of available stock is forcing more buyers to compete for fewer properties.

With construction costs still high and interest rates easing, the outlook for Brisbane’s property market—particularly the Townhouse/unit sector—remains strong heading into 2025.

Over recent years, townhouses have seen consistent growth in both price and popularity. No longer just a stepping stone for first-home buyers, they’re increasingly viewed as a desirable middle ground between apartments and standalone homes. Downsizers are also turning to townhouses, attracted by their prime locations and practical, low-maintenance layouts.

Most new developments are now focused on luxury townhouse offerings, with demand driving both quality and price. The absence of body corporate levies adds to their appeal, and it's not uncommon for new townhouses to command prices well above $2 million—placing them firmly in a premium market tier.

Herron Todd White
Property Clock

Herron Todd White is one of the largest independent property valuation firms in Australia. Their vision is to be the most respected and trusted property advisory organisation. Each month, they offer an updated insight into how the real estate market is travelling as a city and potentially what is next for property in that city, click below to view.

Suburb Data -

Toowong, 4066

Last month Toowong had 162 properties available for rent and 71 properties for sale. Median property prices over the last year range from $1,805,000 for houses to $717,500 for units. If you are looking for an investment property, consider houses in Toowong rent out for $760 PW with an annual rental yield of 2.6% and units rent for $642 PW with a rental yield of 4.7%. Toowong has seen an annual compound growth rate of 16.5% for houses and 14.8% for units.

  • 3 Bedroom Houses - $1.445million

  • +3.9%

  • 15 Days on Market

  • 759 Qualified buyers are currently searching for property in the suburb on Realestate.com.au

  • 1 - similar Townhouse is For Sale

  • 20 in the last 12 Months