Get a property report and suburb profile for any property in Middle Ridge

Middle Ridge is an established, elevated suburb on the southern side of Toowoomba, centred on a leafy ridge that gives many properties broad hillside views. Streets mix classic Queenslander cottages with later brick and contemporary homes, often on generous gardened blocks, and the area appeals to families, long-term locals and people after quieter residential streets while remaining close to the city centre.

About 7,595 people live in Middle Ridge, with a median age of 43 and a typical household income of $2,177 a week. Local life is anchored by neighbourhood parks and sporting grounds, small shopping nodes, Glen Lomond Park with more than 5 km of one-way multi-use trails, and Middle Ridge State School. Most homes are owner-occupied, and there is easy access to schools, medical services and the wider Toowoomba road network, so it suits those looking for a settled, gardened suburban setting close to city amenities.

A median house price of $1,277,500 in Middle Ridge works out to about 11.3 times a typical local household's annual income as recorded at the last Census (median household weekly income $2,177, annualised to $113,204). That puts buying well above what local households were earning at the last Census. Renting looks different: a house at $700 a week would take about 32.2% of a typical local household's weekly income, a sizeable share, while a unit at $560 a week would be about 25.7%, a moderate share. If you are renting rather than buying, those rent shares are likely the most relevant figures for you.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House values in Middle Ridge climbed 27.2% over the past 12 months, a strong rise in what a house there is worth. House rents rose 7.7% over the same period, a solid gain, so for houses capital growth outpaced rental income. Median unit values increased 11.0% while unit rents rose 5.7%, meaning unit values also grew faster than unit rents. Overall, house values rose by substantially more than unit values, and house rents rose a little more than unit rents.

If capital growth is your priority, the value changes are the figures to focus on; if rental income matters more, consider the rent movements. Whether that balance suits your investment goals depends on your own objectives and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.