Toowoomba is in desperate need of more rental accommodation with vacancy rates at a ‘crisis’ level, hovering around 0.7%.
‘Crisis’ is the word used by Toowoomba Mayor Cr Paul Antonio to explain the lack of rental accommodation in the Toowoomba Region.
The low occupancy rates coupled with solid rental yields makes investing in the Toowoomba Region housing market a solid option. On the figures alone it can be considered a solid investment.
Build brand new
The option of building an investment property has many advantages over buying an old house.
Building an investment property naturally means everything in the home is new. That can save you tens of thousands of dollars in the long run.
The real advantage lies in the power of designing a new home that will perfectly accommodate the Toowoomba rental market.