when can i buy a house in Toowoomba?
on a median australian income, never. yours might be different — but probably not. tell us your situation below.
the verdict
↘ falling behindshowing the national median, no first home buyer scheme. tap any field to make it yours.
NEVER
what it'd take
save $1,850/mo and you’d cross by August 2039.
that’s $1,350/mo more than now.
the chase
youthe depositwhat if
tap any fantasy. they stack.your situation
buyer status
property
median house · Toowoomba
growing 7% per year. yikes.
what you actually need to walk in the door
- deposit (20%)$116,000
- stamp duty · QLD$11,950
- safety buffer$10,000
rough estimate. duty schedules are bracketed and means-tested — your conveyancer will know the exact number.
income & savings
your salary
per year, before tax
partner salary
optional. it helps.
savings right now
in your account today
saving each month
≈ 9% of take-home ($5,280/mo)
safety buffer at settlement
kept in your account so you're not at $0 on day one
the numbers behind Toowoomba
- median house: $580,000 AUD
- median unit: $410,000 AUD
- annual price growth: 6.7% p.a. (historical, ABS / CoreLogic)
- state: QLD — stamp duty calculated using current QLD schedules with first home buyer concessions where applicable
tweak the form above to see how your situation differs from the median. share the link (top right) and the URL preserves your scenario.
how this is calculated
we project your savings forward using the dollar amount you save each month. at the same time, the deposit target — 20% of the suburb median, or 5% if you’re using the first home guarantee — grows at the suburb’s historical annual growth rate, compounded monthly.
the crossover is the first month your savings reach or exceed the deposit target. if the deposit grows faster than you can save, you’ll see “never”— and that’s not a bug. that’s the point.
data: ABS 6432.0 Total Value of Dwellings — Median Price of Established House Transfers (Dec 2025 quarter) · ABS 6432.0 Total Value of Dwellings — Median Price of Attached Dwelling Transfers (Dec 2025 quarter) · last updated 2026-05-09. not financial advice. just maths.