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Investment Property Meringandan West, QLD, 4352

Suburb Snapshot

Meringandan West is a suburb in the Toowoomba Region of Queensland. Meringandan West has a population of 2,215 people and 10.34% of its occupants live in rental accommodation. The median listing price for houses is $767,000 and this has changed 18.27% over the past year and changed 22.72% over 2 years.

The median rent in Meringandan West for houses is $605 per week and the median rental yield is 4.10%. Stock on the market for houses/townhouses has changed 11.54% compared to last year and the average time to sell a house/townhouse is 86 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Meringandan West is NA per week, producing a rental yield of NA.

Supply & Demand in Meringandan West, Toowoomba

1.16%

Current vacancy rate


13

Rental stock available


2,215

Population


10.34%

Rental population


0.70%

Current vacancy rate


580

Rental stock available


160,777

Population


27.69%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Meringandan West, Toowoomba

  House Townhouses Units
Median listing price $767,000 NA NA
Median price change - last quarter 7.22% NA NA
Median price change - 1 year 18.27% NA NA
Median price change - 2 years 22.72% NA NA
  House Townhouses Units
Median weekly rent $605 NA NA
Median yield % 4.10% NA NA
Median rent change - 1 year 2.54% NA NA
  House Units
Previous month sales 6 1
Stock on market previous month 29 1
Stock variance vs. last year 11.54% -50.00%
Average days on market 86 NA

Meringandan West investment property listings

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