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Kearneys Spring suburb profile

Kearneys Spring is a charming suburb located in the southern part of Toowoomba, Queensland, known for its family-friendly atmosphere and lush green spaces. The suburb offers a mix of residential options, from modern homes to established properties, catering to a diverse community. Kearneys Spring is home to several parks and recreational areas, including the popular Kearneys Spring Historical Park, which provides residents with ample opportunities for outdoor activities. With convenient access to shopping centres, schools, and public transport, Kearneys Spring is an ideal location for families and individuals seeking a balanced lifestyle in a serene environment.

Kearneys Spring property market performance

Current median dwelling price$787,500Past 3 months

Property growth+19.1%Past 12 months

Kearneys Spring’s property market has experienced significant growth over the past 12 months, with house values increasing by 15% and unit values surging by 30.7%. The median house price has reached $865,000, while units have averaged $698,500, indicating strong demand across both property types.

Sales activity has been robust, with 34 houses and 16 units sold in the past 12 months. Properties are moving quickly, with houses spending a median of just 9 days on the market and units 10 days, reflecting high buyer interest and competition.

The rental market in Kearneys Spring has also seen upward trends, with house rents increasing by 5.5% and unit rents by 6.4% over the last year. The average rent for houses is now $580, while units command $450, highlighting a healthy rental demand.

HousesUnits
Median price
Past 3 months
$955K$620K
Change in value
Past 12 months
15.2%23.0%
Sold
Past 3 months
2915
Median days on market
Past 12 months
910
Average rent
Past 12 months
$580$450
Change in rent
Past 12 months
5.5%4.7%

5 year median price trend for houses and units

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Kearneys Spring demographics

Kearneys Spring, located in the Toowoomba region of Queensland, is a suburb that offers a blend of suburban tranquility and convenient access to urban amenities. With a population of 9,419 and a median age of 35, it is a community that attracts a mix of young families, professionals, and retirees. The suburb's proximity to Toowoomba's central business district makes it an appealing choice for those seeking a balanced lifestyle with access to employment, education, and recreational opportunities.

The housing landscape in Kearneys Spring is diverse, with a significant portion of properties being rented, accounting for 45.3% of the housing market. This indicates a flexible living environment that caters to a variety of residents, including students and young professionals. Meanwhile, 28.4% of properties are owned outright, and 26.2% are owned with a mortgage, reflecting a stable community with a mix of long-term residents and new homeowners.

Family dynamics in Kearneys Spring are varied, with couple families with children making up 38.4% of the population, while couple families without children account for 39.6%. One-parent families represent 20.1%, highlighting the suburb's inclusive nature and its ability to cater to different family structures. The suburb's median household income of $1,335 per week suggests a comfortable standard of living, making Kearneys Spring an attractive option for those looking to settle in a community that offers both affordability and quality of life.

Suburbs near Kearneys Spring

Some popular suburbs near Kearneys Spring include:

  • Middle Ridge: Known for its spacious homes and family-friendly parks, Middle Ridge is located directly to the east of Kearneys Spring.
  • Darling Heights: Featuring a mix of residential and educational facilities, Darling Heights lies to the west of Kearneys Spring.
  • Harristown: Known for its diverse community and convenient amenities, Harristown is situated to the northwest of Kearneys Spring.
  • Centenary Heights: Offering a blend of residential and educational opportunities, Centenary Heights is located to the northeast of Kearneys Spring.
  • South Toowoomba: Known for its charming character homes and proximity to the city center, South Toowoomba is situated to the north of Kearneys Spring.

How does Kearneys Spring compare to nearby suburbs?

  • Median house prices: Kearneys Spring’s median house price is 23.2% higher than Darling Heights’s.
  • Median unit prices: Kearneys Spring’s median unit price is 9.7% lower than Harristown’s.
  • House price growth: Property prices in nearby Middle Ridge have risen 3.7% more than in Kearneys Spring over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Kearneys Spring have grown 23.0% higher than in Middle Ridge.
  • Selling speed for houses: Properties in Kearneys Spring are selling 50.0% faster than in Middle Ridge.
  • Selling speed for units: Properties in Kearneys Spring are selling 68.8% faster than in Darling Heights.

Choose the right real estate agents in Kearneys Spring

In Kearneys Spring ,96 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 26.9% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 2% and 3.25%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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