As of April 2026, the median house price in Toowong stood at approximately $1.85M,
reflecting a solid gain of 5.6% over this same month last year and a remarkable 134.5%
increase from a decade ago. The unit market continued its upward trajectory, with the
median price reaching around $900K, marking a substantial 25.3% growth annually and
75.3% over the past 10 years, clearly outperforming broader capital city unit trends. This stronger unit performance has occurred alongside sustained demand for well-located options.
Toowong’s median weekly house rental rate stands at approximately $820 in April 2026,
marking a solid 9.3% gain from this same month last year and a substantial 49.1%
increase over the past decade. This robust performance reflects strong local demand.
Unit rentals also continued their upward trajectory, with a median weekly rate of around
$680, representing a 7.9% rise from April 2025 and an impressive 72.2% growth over
the past ten years. This stronger decade-long unit growth has occurred alongside
shifting lifestyle preferences, outperforming broader capital city unit trends.
Sales activity in Toowong through February 2026 recorded a solid distribution across
price segments. House sales predominantly occurred in the premium $1.5M to $2M
bracket, representing a strong mid-to-high end market. Units maintained their robust
appeal, with the highest concentration of transactions observed between $750K and
$1M, closely followed by the $500K to $750K and $1M to $1.5M ranges, reflecting broad
buyer engagement. Notably, the luxury unit market, with significant counts across the
$1.5M to $5M+ tiers, outperformed the equivalent high-end house sales, demonstrating
Toowong’s diverse and established property landscape, which is stronger than some
capital city trends.
New listings in Toowong, QLD, for April 2026 recorded a modest 13.8% monthly decline from March, reaching 25 properties. This figure, however, represents a solid
8.7% annual gain compared to April 2025, and matches the levels recorded two years
prior in April 2024. This consistent annual supply reflects limited vendor activity,
reinforcing persistent supply constraints within the area. Toowong’s performance
maintains its premium position, showing stronger growth than some broader capital city
trends, coinciding with the robust activity observed across regional Queensland
markets.
2 bed apartment $869,000 up 20.6% yoy (Low $905,000 High $993,000)
3 bed apartment $1,325,000 up 26.2% yoy ($4,100,000 Only 3 bed sale)