Question 1

Is Redwood a nice place to live?

Accepted Answer

Redwood is a semi-rural suburb on the outskirts of Toowoomba in the Darling Downs, with a country-style feel, generous blocks and a mix of rolling farmland and pockets of native eucalypt bush. Housing is dominated by lifestyle blocks and established farmhouses, with some newer homes on larger parcels. Quiet local roads and outlooks across rural paddocks give it a rural-residential character, and it tends to attract people after space and a quieter pace, including families and hobby farmers, while still having reasonable road access to Toowoomba's shops and services.

It is a very small community of 159 people with a median age of 48, and just over nine in ten dwellings are owner-occupied. Families form the core of the population, and household incomes are shown as $2,821 a week ($146,692 a year) on average. Outdoor amenity centres on Redwood Park, a 243-hectare bushland reserve with walking circuits, mountain-bike trails and a bush picnic area; council has chosen not to progress additional mountain-bike trails in Redwood Park and has selected Prince Henry Drive Park as the preferred route, and recent approval of stormwater and sewage works shows some public-works activity in the suburb.

Question 2

Is it expensive to live in Redwood?

Accepted Answer

For Redwood there haven't been enough recent property sales or rentals to publish reliable median prices or rents. Without those figures, there isn't a clear picture of how expensive it is to live here compared with local incomes.

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

Question 3

Is Redwood a good place to invest?

Accepted Answer

There haven't been enough recent sales in Redwood to publish reliable figures on how house or unit prices and rents moved this year. Without those figures, there isn't a clear picture of how the suburb has performed as an investment lately.

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.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	N/A	N/A
Sold Past 3 months	1	N/A
Median days on market Past 12 months	N/A	N/A
Average rent Past 12 months	N/A	N/A
Change in rent Past 12 months	N/A	N/A

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