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Goombungee
QLD, 4354 - Toowoomba

Thinking about buying in Goombungee? Now could not be a better time, with 738 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $415,000 with prices in this suburb ranging from $60,000 to $1,640,000. The aproximate distance to the coast is 113 Km.

Household Makeup

Median Weekly Rent $258.75
Median Monthly Mortgage $1416.25
Median Persons Per Bedroom 0.83
Average Household Size 2.75
Average Age 43.75
Average Income $616.00
Average Cars Per Dwelling 2.14
Average Properties Within 50M 3

Housing Stock

Average Property Prices

1 Bed  $492,000
2 Bed  $347,000
3 Bed  $438,000
4 Bed  $590,000
5 Bed  $606,000

Goombungee Real Estate Market Outlook

In Goombungee there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Goombungee is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Goombungee changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Goombungee to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Goombungee we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Goombungee a better buying opportunity than it may have been in the past.

Houses for sale Goombungee

Remax 3 KANN ST, GOOMBUNGEE, QLD, 4354 Beds2 Bathrooms2 Parking 5 Offers Over $589,000
Remax 263 DOUGLAS RD, GOOMBUNGEE, QLD, 4354 Beds4 Bathrooms2 Parking 6 Offers Over $769,000

Local Schools

Goombungee State School

(While the above schools are located with the suburb of Goombungee there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Goombungee weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan3.518.431.440.090.25.324.3
Feb2.417.630.441.290.25.222.3
Mar2.816.428.147.493.54.619.5
Apr0.712.026.540.093.93.918.1
May1.26.421.842.395.13.614.2
Jun1.24.819.447.195.83.712.0
Jul0.73.519.640.994.53.713.4
Aug0.73.621.731.089.2416.4
Sept0.87.624.631.091.34.420.3
Oct1.611.027.032.589.64.824.2
Nov1.314.829.932.389.15.027.6
Dec2.117.631.634.488.35.125.9

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

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Public Transport


General Points of Interest

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