Toowoomba

Lewis Valuations + Advisory provide valuation services across the Darling Downs region, through the Lockyer Valley and inland for rural, commercial and residential properties. Our senior valuers specialise in NDIS investment valuations in this market.


Over the past few years, Toowoomba’s charm has drawn more families, retirees, and investors. With affordable housing, a growing economy, and major infrastructure projects like the Inland Rail boosting connectivity, the city has become a hotspot for those seeking a balanced lifestyle. Experts suggest that the first half of 2025 may require sellers to meet the market with realistic pricing. Those not in a rush might benefit from holding off until interest rates potentially drop, spurring buyer confidence and activity.

Interest rate cuts, anticipated mid-2025, may boost buyer activity in Toowoomba. However, affordability challenges will persist, with limited scope for drastic improvements even with reduced borrowing costs. Affordable markets, including units and entry-level housing, are likely to outperform. The rental market in Toowoomba will likely stabilize further, with slower rent growth anticipated due to increased supply from investor activity and changing household compositions, such as multi-generational living.

The brick-and-mortar retail sector has been impacted by reduced consumer spending and foot traffic in store.
The national vacancy rate for retail properties increased to 12.5%, the highest since 1998. This trend has also been observed in Toowoomba, with vacant retail spaces struggling to secure tenancy. The annual inflation rate reached 3.2% in June 2024, the highest level since 2011. Many brick-and-mortar retailers are unable to compete with online and e-commerce platforms, due to the convenience, affordability and variety. Meanwhile, sub-sectors such as food and beverage, health, beauty and home improvement are performing quite well, offering great potential for investment. It is expected that the retail market in Toowoomba will recover gradually as the local economy grows, inflation reduces, and consumer confidence returns.