|Market Rent Per Week||$385|
|Real Estate Agent Providing Appraisal||Ray White Toowoomba|
|Market Rent Per Week 2||$380.00|
|Real Estate Agent Providing Appraisal 2||Remax Toowoomba|
|Furniture Package Available|
Park Hill Toowoomba
Simply beautiful living in Toowoomba's Glenvale.
- Multi-billion dollar investment
- Tight rental market
- A haven for families
- An evolving demographic
Multi-billion dollar projects in infrastructure, mining, energy, property and construction are underway in Toowoomba. This high level of investment in the region is expected to continue into the future, creating jobs and improving accessibility.
Strong rental demand has led to exceptionally low vacancy rates of 1% in Glenvale. Properties in the area should continue to maintain a high level of purchase activity and capital growth.
Boasting strong local employment prospects across a diverse range of industries and recent upgrades to hospitals, schools, tertiary education and retail centres, Toowoomba was rated as Australia’s third most “family friendly” city in December 2015.
Toowoomba’s population is projected to grow to 195,000 by 2031 as a result of an influx in younger buyer and rental groups. This will raise the percentage of working age habitants, who currently make up 53% of the population.
Off the plan
$390,000 - $420,000
Nestled in one of Australia’s most dynamic and growing regions is Park Hill Toowoomba. This exclusive residential community offers generous home sites set amongst beautiful green streetscapes. Though only minutes from the heart of the Toowoomba CBD, Park Hill boasts parklands, reserves and recreational spaces – perfectly combining nature and the outdoors with family living.
Body Corporate and Council Expenses
Body Corporate per annum $ p.a. Body Corporate per week $ p.w. Council Rates per annum $1,669.00 p.a. Water Rates $ p.a.
Local Market Data
Databank (month, year) 31/10/2015 Median Price $387,000.00 % 1 Year Capital Growth 2.50% % 10 Year Capital Growth 3.90 % Sales Volume 107 Average Days on Market 53 Days