It doesn’t take much for me to talk up the growing power of the greater Toowoomba region so the just released Toowoomba Region Economic Profile has me spruiking the future of the Garden City in even more reverend terms.
The Toowoomba Region Council report has us the third largest economy in regional Queensland and there is a long list of other positives which is being driven by our diverse economy.
But the statistics that are most exceptional is our fact based classification of being a very affordable place to live.
Our dwelling price to income ratio is better than most of south east Queensland regions which means it’s much easier for us to maintain a better lifestyle in the Toowoomba region. Our unemployment figure (5.9%) is below the Queensland (6.8%) and Australia average (6.5%).
Between 2011 and 2016 more than 2,500 people moved from Brisbane to Toowoomba with 40% of working residents who made the move professionals with reasons highlighted as our high quality facilities, metro level retail and hospitality, our international and interstate gateway plus our events and activities and housing diversity.
To view the full Economic Profile Report tap below.
What the report points to is the continued economic rise of the region with a much bigger population a natural consequence.
The competition to secure land to build a new home will only increase which is already happening.
New residential estates are becoming more vital by the day. Lilyvale Estate at Meringandan West is a classic example in opening up affordable quality opportunities for new home owners.
The Land Man estates have numerous options available to suit various budgets and lifestyles.
The best way to discover these options is to meet with the Land Man team during the regular Saturday morning on site showings.