Buyer confidence rises as Toowoomba’s property market tightens

We can’t believe we are almost half way through 2025. We saw an extraordinary start to the year with huge buyer numbers turning out to each open home weekend; at no time since 2020 have more buyers been active.

Only a few months in and Toowoomba is experiencing a further tightening of market conditions, with real estate listed for sale constricting and down by 20% this year on long term averages.

This quarter has seen 54 properties come to market each week in the Garden City which is a long way from the usual 85 as the short supply intensifies. Nevertheless, buyer confidence is rising with the recent interest rate cuts and a long and protracted super cycle of price increases looking set to continue.

Ray White Toowoomba’s fortnightly auction nights are a testament to the strong demand with a clearance of 100% now a common occurrence. Sellers appreicate the very competitive environment and buyers are relieved by the transparency of knowing exactly where the market is on the auction floor.

Nationally, the median house price is gaining momentum fuelled by interest rate cuts, the federal government’s 5% deposit plan and the relative safety in housing investment during an uncertain global economic outlook.

In our local community, recent articles suggest a shift in the Queensland State Government preference to move the Toowoomba Base Hospital facilities to the mega site at Bailey Henderson is gaining approval from key industry figures. This would open up the huge 7.5 hectare Pechey Street site for redevelopment, paving the way for many options, including facilities such as a new Sporting Stadium to replace the Clive Berghofer Stadium in East Toowoomba is just one of many exciting possibilities for a regional centre on the move.

If you’re considering selling in Toowoomba we are your trusted locals since 1902 and are here to help.

Ray White Toowoomba
(07) 4688 4488
toowoomba.qld@raywhite.com