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Meringandan
QLD, 4352 - Toowoomba

Thinking about buying in Meringandan? Now could not be a better time, with just 278 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $22,650,000 with prices in this suburb ranging from $312,000 to $6,055,183,000. The aproximate distance to the coast is 110 Km.

Household Makeup

Median Weekly Rent $371.00
Median Monthly Mortgage $1563.67
Median Persons Per Bedroom 0.80
Average Household Size 3.00
Average Age 33.00
Average Income $902.33
Average Cars Per Dwelling 2.37
Average Properties Within 50M 2

Housing Stock

Average Property Prices

1 Bed  $810,000
2 Bed  $483,000
3 Bed  $598,000
4 Bed  $156,040,000
5 Bed  $1,272,000
6 Bed+$931,000

Meringandan Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Meringandan due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Meringandan classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Meringandan requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Meringandan

The Agency 13 RODEO DR, MERINGANDAN, QLD, 4352 Beds4 Bathrooms2 Parking 6 Offers Over $1,400,000

Local Schools

Meringandan State School

Mary MacKillop Catholic College

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

Meringandan 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


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

Meringandan WestKleintonWoolmerMuniganeenLilyvaleCawdorHighfieldsGehamGroomsvilleGowrie Little Plain

Public Transport


General Points of Interest

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