If You Are Investing In QLD Then Consider Toowoomba...?

Suburb Details:

With its combination of old school charm and proximity to Toowoomba’s economic engine, Harristown is a suburb that often flies under the radar. But beneath the surface lies a community that’s benefitting from regional Queensland’s ongoing population shift and infrastructure investment. It has had major price growth over the past 5 years, but the fundamentals are still stacking up and this may be the quiet addition to your portfolio.

Key Data Metrics ➕ 

_{*Note: Data derived from either DSR, Suburbs Finder or HTAG depending on reliability and availability of metrics. This is only a guide and best to cross-reference with other sources.}

Location & Infrastructure 🗺️ 

Harristown is located just 4 kilometres south-west of Toowoomba’s CBD, making it a highly accessible and well-connected suburb. It’s serviced by major roads like Anzac Avenue and is close to public transport, shopping centres such as Clifford Gardens, multiple schools, and medical facilities. Infrastructure in the wider Toowoomba region continues to expand, with the Toowoomba Second Range Crossing, upgrades to the Inland Rail project, and continued airport expansion at Wellcamp Airport enhancing long-term connectivity and freight logistics. Harristown’s established character housing, good block sizes and existing amenities make it attractive to both owner occupiers and investors.

Economic Diversity & Jobs 💵 

Harristown benefits from being part of Toowoomba, one of Queensland’s most economically diverse regional centres. Toowoomba's economy is valued at over $11 billion and spans agriculture, education, health care, construction and logistics. Harristown itself is largely residential, but residents are well-serviced by nearby commercial hubs and employment nodes in central Toowoomba, with local jobs in education (due to multiple schools), retail, and light services. The suburb benefits from this economic variety, although rental growth has been moderate, indicating it may be a longer-term hold.

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Example Property 🏚️ 

_{*Note: These calculations are purely estimations, but overall numbers will vary depending on your deposit, interest rates and other factors.}

Pro’s Of Investing In Harristown ✅ 

• Strong economic diversity in Toowoomba region (agriculture, logistics, health, education).

• Located close to the Toowoomba CBD with strong infrastructure links.

• Reasonable demand with steady stock and increasing hold periods.

Con’s Of Investing In Harristown ❌ 

• Growth has been extremely strong over the past 3 years - risk buying at the top of the market.

• Rental growth has been relatively poor compared to other QLD regions.

• Yields are poor so holding costs will be high.

My Opinion🤔

Harristown has made headlines before, but for those seeking a well located suburb backed by a resilient and growing regional city, it deserves a closer look. With economic diversity, solid infrastructure and properties this could be the type of long-term play that rewards patience. Just be very careful buying near the top of the market…

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Total Value: $1,299→ Today’s Price $35

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_{Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended as financial, legal, or professional advice. Always do your own research and consult with a qualified professional before making any decisions. The opinions expressed here are solely those of the speaker and do not reflect the opinions or views of any other organisation. By using this information, you agree that the creator of this content is not responsible for any financial or other losses you might incur.}