Being Australia’s second-largest, non-coastal city, Toowoomba in South East Queensland should not be overlooked for value and opportunities when seeking an amazing investment property.
Toowoomba has a population of over 160,000 and a rental vacancy rate of just 1.41%. The signs of growth can be seen with the new, international-scale airport that opened in 2014, which Qantas now flies between Sydney and Toowoomba several times weekly.
Originally known for its rich farming and grazing land, Toowoomba has now established itself as a regional centre for business and government services.
Toowoomba boasts an excellent university, an Australian Defence Force base at Oakey Army Aviation Centre and Borneo Barracks, the headquarters for Heritage Bank, as well as a heritage-listed hospital.
Investing in Toowoomba with a Buyers’ Agent
During our time working as Buyers’ Agents in Toowoomba, we have learnt the demographics of this city, which is important for any investment. Toowoomba is a city where some streets are considered “better” than others for example, living in East Toowoomba is considered premium because it is close to amenities, close to the hospital, the properties are premium built, and the streets are family orientated.
Funding has been pumped into Toowoomba to assist with transport links, and a new international-scale airport officially opened in November 2014. This significant piece of transport infrastructure has the potential to open up the region’s economy. Qantas has already committed to a dozen flights per week to and from Sydney.
Being positioned along a national inland freight corridor and the proposed Melbourne-Brisbane inland port, as well as the construction of the Wellcamp business park with a total of $500 million, is to be invested in the expansion of retail facilities, provides indicators that the expansion of Toowoomba is not slowing.
Many of the properties we have purchased in Toowoomba actually never hit the public market!
Aus Property Professionals
Address: 100 Harris St, Pyrmont, NSW, 2009
Phone: 1800 146 837
Rated 5 out of 5 stars from 7 users.
Working with Aus Property Professionals
Aus Property Professionals often get priority access to properties in the Toowoomba market and can “snap up” properties at their first preview. We often get the exclusive first view of deceased estates and private sales that you would never get the opportunity to know about.
As your personal buyers’ agents, we not only assist you in purchasing a dream home or an investment property in Toowoomba, but your buyer’s agent also educates and mentors you through the process of growing an investment portfolio that is tailored to your specific lifestyle goals in the long term.
As your buyer’s agent only advises investing in properties that will complement your portfolio, many of our clients have grown their portfolios and have been able to purchase multiple properties.
If you are purchasing a home in Toowoomba, it can be a daunting process to deal with Real Estate Agents who use terminology and sales talk to convince you to purchase their investment property listing. We know all the tricks of the trade! Your buyer’s agent can explain all the Real Estate “lingo” in your terms and ensure you aren’t paying too much over an emotional purchase. We are with you for the entire process, from property search right through to settlement.
Why use a Buyers’ Agent to purchase property in Toowoomba?
Employing a Buyers’ Agent in Toowoomba (South East Queensland) can mitigate the risk of purchasing the wrong investment property or paying too much for a property by separating the emotions from the purchase- and we don’t get fooled by smooth talking sales agents.
We are highly experienced in the Toowoomba property market and emotionally independent from the purchase. We recommend properties based on market research, feasibility analysis, economic growth drivers, future development and planning, and historical trends.
Our judgement is not biased which can save you time AND money as you will gain access to our research, and our invaluable market knowledge.
We assist home buyers in all aspects of the buying process from the investment strategy, property search, market research, feasibility analysis, negotiation/bidding, through to the settlement process which saves you time and ensures a stress free and seamless purchase.
We work on your behalf to ensure your dream property is purchased in the right place and for the right price.
Buyer’s agent flat fees cover:
- Setting an initial strategy session
- All meetings and communications with you, your broker, your accountant, and your solicitor.
- Access to our network of finance brokers, property managers, property insurance, solicitors.
- Property search, research, feasibility analysis, liaising with Real Estate Agents.
- Evaluating properties to ensure they suit your criteria.
- Preparation of property reports to help you evaluate the properties they recommend to you.
- Due Diligence – including strata, arranging the building and pest inspections, etc.
- Checking final contracts.
Call Us Now on 1800 146 837!
What to look for when investing in Toowoomba
When investing in Toowoomba in South East Queensland, investors need to keep their eye on the long-term capital growth prospects that they will benefit from. These include the improvements to infrastructure, the multi-billion dollar Second Range Crossing, and the proposed inland rail between Toowoomba and Brisbane.
In the long term, Toowoomba is pipped to become one of Australia’s largest logistical centres. For job growth, work on the $35 million Toowoomba integrated milk project is underway which will see direct links to the Asian baby formula market, which will assist the growth of the city.
The low vacancy rates (1.41%), and average rental yields hovering around 5% mean you can buy a neutrally geared property today with long-term prospects of capital growth.
We do recommend investing in Toowoomba with a warning- not all properties are investment grade.
Without local knowledge, and demographics research, you may be fooled into buying a bargain dream property that is at the wrong end of town. Employing an experienced Buyers’ Agent who understands the Toowoomba property market intricately can mitigate this risk.
