Toowong’s median house price, approximately $1.90M in June 2026, continued its
upward trajectory with a solid 8% increase over the past year, and an impressive 145.2%
gain from this same month a decade ago. The unit market demonstrated even stronger
momentum, with median prices reaching around $900K, marking a substantial 24.1%
rise annually and 75.3% over the last ten years, both representing robust local growth.
This exceptional unit performance has occurred alongside a period of sustained demand
for higher-density stock, outperforming broader capital city unit trends and reflecting
the region’s enduring appeal.
Toowong’s median weekly house rental rate, approximately $850, has continued its
upward trajectory, recording a solid 10.4% gain over the past year and reflecting a
substantial 60.4% increase compared to a decade ago. Unit rents also performed
strongly, with the median weekly rate standing at approximately $680. This represents a
4.6% annual rise and an impressive 72.2% increase over the last ten years,
demonstrating stronger long-term growth than houses. These figures highlight robust
rental demand in the area, outperforming broader market movements and coinciding
with sustained regional growth trends.
Toowong’s property market, as of April 2026, presented a dynamic sales count
distribution over the preceding twelve months. Unit sales recorded substantial volume,
with peak activity in the $750K-$1M price range, representing a robust mid-tier segment.
House sales, while less frequent, demonstrated a strong premium position, with the
highest concentration occurring between $1.5M-$2M. The sub-$750K affordability
bracket was predominantly supported by unit transactions, reflecting broader market
trends for more accessible entry points. This distinct spread of activity, particularly within
the unit sector, has coincided with the continued upward trajectory observed in regional
markets compared to capital city trends.
New listings in June 2026 recorded a strong 63.3% monthly gain, reaching 49
properties. This represents a significant 188.2% increase compared to June 2025 and an
encouraging 16.7% rise from June 2024. This notable rebound follows a period of
reinforcing limited vendor activity earlier in the year, with Toowong demonstrating
stronger growth than broader markets. The upward trajectory in new supply for the
month reflects a renewed confidence among sellers, coinciding with robust regional
Queensland market conditions.
2 bed apartment $906,000 up 23.3% yoy (Low $806,000 High $1,075,000)
3 bed apartment $1,317,500 up 13.,8% yoy (Low $1,300,000 High $4,700,000)