Toowong vs Taringa
Toowong (median $1,587,500) is roughly 4% cheaper to buy into than Taringa ($1,646,000).
Buying in Toowong or Taringa?
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Toowong and Taringa side by side
| Measure | Toowong | Taringa |
|---|---|---|
| Price and market | ||
| Median house | $1,587,500 | $1,646,000 |
| Median unit | $620,000 | $628,500 |
| Renting | ||
| House rent | $750/wk | $750/wk |
| Unit rent | $750/wk | $650/wk |
| Owner occupied | 43.0% | 49.0% |
| Renter occupied | 55.0% | 48.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1146 | 1144 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 0 | 40 |
| Bike score | 100 | 100 |
| Population | 12,556 | 8,732 |
| Median age | 30 | 33 |
| Climate | ||
| Annual rainfall | 971 mm | 971 mm |
| Mean max, January | 30.5°C | 30.5°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Toowong (1146) sits above Taringa (1144).
- For buyers
- Toowong is the lower entry point at $1,587,500 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Toowong offers the higher gross rental yield (2.46% vs 2.37%), favouring cash-flow investors.
- For families
- Toowong edges out on average school ICSEA (1146 vs 1144).
Toowong vs Taringa: common questions
Is Toowong or Taringa cheaper to buy in?
Toowong has the lower median house price at $1,587,500, roughly 4% below Taringa ($1,646,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Toowong or Taringa have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Toowong scores 1146 vs 1144 in Taringa. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Toowong or Taringa?
Gross rental yield on houses is 2.46% in Toowong vs 2.37% in Taringa. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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