Goombungee, located in the Toowoomba region of Queensland, offers a quaint and serene escape from the hustle and bustle of city life. The housing market in Goombungee is generally considered to be more affordable compared to larger urban centers, making it an appealing choice for families, retirees, and first-time homebuyers looking for value and potential growth. The properties in Goombungee range from charming heritage-style homes to more modern builds, often situated on generous plots of land. This provides residents with ample garden space, perfect for outdoor living and for those who enjoy a rural lifestyle. The market trends have shown a steady increase in interest over the years, as more people discover the town's unique blend of tranquility and accessibility to Toowoomba's amenities.
Living in Goombungee offers a peaceful, close-knit community vibe, where neighbors often know each other and community events are well-attended, fostering a sense of belonging. The town is characterized by its picturesque settings, with a backdrop of rolling hills and open countryside, providing plenty of opportunities for outdoor activities such as hiking, gardening, and exploring local parks. Despite its rural charm, Goombungee is conveniently located just 35 minutes north of Toowoomba, giving residents easy access to a wider range of shopping, education, and healthcare facilities. The local amenities such as schools, shops, and cafes serve the community well, ensuring that daily needs are met without the hustle. For those seeking a peaceful lifestyle with a strong sense of community, Goombungee represents a wonderful option.
Median Weekly Rent | $258.75 |
Median Monthly Mortgage | $1416.25 |
Median Persons Per bed houseroom | 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 |
Typical 1 bed house | $492,000 |
Typical 2 bed house | $347,000 |
Typical 3 bed house | $438,000 |
Typical 4 bed house | $590,000 |
Typical 5 bed house | $606,000 |
Typical 6 bed+ house |
Housing Stock
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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.
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.
Instant Property Valuation6-12 John Street, Goombungee, QLD, 4354 | 3 | 1 | 1 | Offers Over $469,000 |
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)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 3.5 | 18.4 | 31.4 | 40.0 | 90.2 | 5.3 | 24.3 |
Feb | 2.4 | 17.6 | 30.4 | 41.2 | 90.2 | 5.2 | 22.3 |
Mar | 2.8 | 16.4 | 28.1 | 47.4 | 93.5 | 4.6 | 19.5 |
Apr | 0.7 | 12.0 | 26.5 | 40.0 | 93.9 | 3.9 | 18.1 |
May | 1.2 | 6.4 | 21.8 | 42.3 | 95.1 | 3.6 | 14.2 |
Jun | 1.2 | 4.8 | 19.4 | 47.1 | 95.8 | 3.7 | 12.0 |
Jul | 0.7 | 3.5 | 19.6 | 40.9 | 94.5 | 3.7 | 13.4 |
Aug | 0.7 | 3.6 | 21.7 | 31.0 | 89.2 | 4 | 16.4 |
Sept | 0.8 | 7.6 | 24.6 | 31.0 | 91.3 | 4.4 | 20.3 |
Oct | 1.6 | 11.0 | 27.0 | 32.5 | 89.6 | 4.8 | 24.2 |
Nov | 1.3 | 14.8 | 29.9 | 32.3 | 89.1 | 5.0 | 27.6 |
Dec | 2.1 | 17.6 | 31.6 | 34.4 | 88.3 | 5.1 | 25.9 |
source: Australian Government Bureau of Meteorology
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