Question 1

Is Wilsonton Heights a nice place to live?

Accepted Answer

Wilsonton Heights is a residential suburb on Toowoomba's north-west fringe, on gently elevated ground. It is mainly single-storey homes on relatively generous blocks with pockets of more recent estates, landscaped streets, small neighbourhood parks and sporting fields. Local shops and community facilities meet day-to-day needs while larger retail and services in Toowoomba are a short drive away.

The community of 2,747 people has a median age of 37 and a median household income of $1,126 a week. Homes are slightly more likely to be owner-occupied than rented, and the suburb attracts families, long-term residents and downsizers. The Inland Rail Gowrie to Helidon project passes in tunnel to the north and there is ongoing investigation work nearby, while local investment includes a new Wilsonton Heights Neighbourhood Centre, upgrades to sporting facilities and redevelopment at Baillie Henderson Hospital. Whether it suits you depends on what you want from a quieter, practical suburb.

Question 2

Is it expensive to live in Wilsonton Heights?

Accepted Answer

In Wilsonton Heights a median house price of $790,000 works out to about 13.5 times a typical local household's annual income as recorded at the last Census, which sits well above local incomes. That gives a quick sense of how buying relates to what people in the area were earning at the last Census.

Rents also take a large share of local income: a house rent of $540 a week is about 48% of a typical local household's weekly income at the last Census, while unit rent of $425 a week is about 38%. If you're renting rather than buying, those rent shares are the immediate figures to consider, and whether they feel expensive depends on your own income and circumstances.

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 Wilsonton Heights a good place to invest?

Accepted Answer

The standout movement in Wilsonton Heights over the past year is the strong rise in house values, which climbed 25.7%. Rents also moved notably: house rents increased 12.5% and unit rents increased 13.3%, so for houses the capital growth this year outpaced the growth in rental income, while unit rents edged ahead of house rents.

If you are weighing Wilsonton Heights as an investment, the value change points to where capital gain occurred and the rent figures are the ones to watch if rental income is your priority. Whether that balance fits your goals and circumstances is for you to decide.

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	$790K	N/A
Change in value Past 12 months	25.7%	N/A
Sold Past 3 months	11	2
Median days on market Past 12 months	9	N/A
Average rent Past 12 months	$540	$425
Change in rent Past 12 months	12.5%	13.3%

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