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All About Groomsville, Toowoomba, QLD, 4352

Groomsville, situated in the Toowoomba region of Queensland, is a quaint and serene community that has been gaining attention in the housing market. Over recent years, Groomsville's housing market has seen gradual growth, characterized by a blend of affordable properties and increasing interest from both first-time buyers and investors. Its proximity to the city of Toowoomba, coupled with its rural charm, makes it an attractive option for those looking to escape the hustle and bustle of larger urban areas. The area offers a variety of property types, including traditional Queenslander homes and modern family houses, all set against the backdrop of picturesque landscapes. This diversity in housing options caters to different buyer preferences, and the ongoing development in nearby Toowoomba adds to the potential for future property value appreciation.

Living in Groomsville offers a peaceful lifestyle close to natural attractions, making it ideal for those who appreciate outdoor activities and a close-knit community atmosphere. Residents enjoy the benefits of country living, such as open spaces, fresh air, and a slower pace of life, while still having access to the amenities of Toowoomba, which is just a short drive away. Community events and local markets are part of the social fabric, providing opportunities for residents to connect and support local businesses. The area's reliable public transport and road networks offer ease of access to schools, healthcare facilities, and shopping centers. Overall, Groomsville presents a harmonious blend of tranquillity and convenience, appealing to families and individuals seeking a balanced lifestyle away from city congestion.

Household Makeup

Median Weekly Rent $415.00
Median Monthly Mortgage $1866.50
Median Persons Per bed houseroom 0.80
Average Household Size 3.00
Average Age 44.00
Average Income $750.50
Average Cars Per Dwelling 2.65
Average Properties Within 50M 1
Typical 1 bed house$815,000
Typical 2 bed house$723,000
Typical 3 bed house$707,000
Typical 4 bed house$850,000
Typical 5 bed house$970,000

Housing Stock

Local Internet Speeds

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Groomsville Real Estate Market Outlook

Thinking about buying in Groomsville? Now could not be a better time, with just 108 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $810,000 with prices in this suburb ranging from $396,000 to $1,297,000. The aproximate distance to the coast is 101 Km.

In Groomsville 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 Groomsville 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 Groomsville 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 Groomsville 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 Groomsville 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 Groomsville a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

None within suburb boundary

(While the above schools are located with the suburb of Groomsville 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.

Groomsville 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
Jan2.617.527.848.191.06.625.6
Feb3.117.828.347.294.86.422.7
Mar3.917.026.352.496.36.019.0
Apr0.713.823.647.994.25.317.4
May1.49.819.549.792.54.814.1
Jun1.47.717.252.393.34.712.1
Jul0.96.216.745.188.94.713.4
Aug0.77.919.436.886.34.916.2
Sept0.610.122.432.287.85.420.1
Oct1.812.825.036.0915.824.3
Nov1.615.427.835.591.46.027.4
Dec2.817.028.641.192.96.026.5

source: Australian Government Bureau of Meteorology



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