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QLD › South Toowoomba › Long St

278 Long St, South Toowoomba QLD 4350

For saleHouse

$649,000

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

625 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $649,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $649,000(Listing record · 19 May 2026)
  • FactLand 625 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in South Toowoomba (last 5 years) with land size: median $1,019/m² of land (n=103). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 17% below the South Toowoomba median recorded sale ($780,500, n=56, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at South Toowoomba's advertised median rent ($497/wk), implied gross yield would be 3.98% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$649,000

Asking · $1,038/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in South Toowoomba (last 5 years) with land size have a median of $1,019/m² of land (n=103). Districts calculation from recorded sales — not a valuation.

South Toowoomba at a glance

5,666

People

$780,500

Median sale

$497/wk

Median rent

3.31%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full South Toowoomba report →

Vs South Toowoomba

-16.8%

Median sale

Suburb $780,500

+0.67 pp

Gross yield

Suburb 3.31%

Suburb median $780,500 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$649,000
Stamp Duty (Queensland)
$22,230
Transfer/Registration Fee
$2,436
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$677,366

$28,366 on top of the price (4.4% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with South Toowoomba's advertised median rent — not a rent for this listing.

Net yield
2.48%
Annual cashflow (pre-tax)
$-17,639
Interest cover (DSCR)
0.48
Annual rent
$25,844
Operating expenses
$9,735
Loan amount
$519,200
Annual interest
$33,748
Gross yield
3.98%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$649,000available19 May 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $497/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 4.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

South Toowoomba in one glance

South Toowoomba at a glance

5,666

People

$780,500

Median sale

$497/wk

Median rent

3.31%

Suburb gross yield

Median sale from 56 recorded sales (last 12 months) — a Districts calculation.

See the full South Toowoomba report →

Keep researching

  • Why South Toowoomba? Read the area thesis →
  • What else is on the market in South Toowoomba →
  • Other records on Long St →

Listing material

Listed by RE/MAX Success

Character, Warmth and a Shed That Sets It Apart

• Two carpeted bedrooms, both with ceiling fans and robes

• Main bedroom with reverse cycle air conditioning

• Updated kitchen with freestanding electric stove and dishwasher

Read the full description

• Adjacent dining room

• Cosy lounge room with wood fireplace and reverse cycle air conditioning

• Central bathroom with vanity, shower and toilet

• Covered outdoor entertaining area, separate toilet

• Impressive 6 x 9m powered shed

• Additional garden shed, 2 rainwater tanks

• Electric external block-out blinds and roof & wall insulation

• 5 kW solar power system with 20 panels

• Fully fenced 625m2 allotment

• Rent Appraised at $525 per week.

Set in a convenient South Toowoomba location, 278 Long Street is a charming cottage-style home with more space, practicality and future potential than first meets the eye.

Inside, the home offers a comfortable and functional layout, with two carpeted bedrooms, both including robe space and ceiling fans. The main bedroom also features air-conditioning, while the lounge room brings a warm and cosy feel to the home, centred around the wood fire heater. It is the kind of space that feels especially inviting through the cooler Toowoomba months, with the added comfort of air-conditioning and security electric block-out blinds designed to reduce light and sound.

The kitchen is neatly appointed with good storage, a dishwasher and freestanding electric stove, and is well supported by the adjacent dining area, perfect for family dinners or entertaining. The bathroom has been updated and includes a vanity, shower and toilet. An additional separate toilet adds further convenience for day-to-day living.

Outside, the property continues to impress. The undercover area at the rear provides a useful outdoor space now, with potential to extend and create a rumpus room, third bedroom or additional living space, subject to any required approvals. The fully fenced yard with 2 access points offers excellent space for children and pets, along with a generous vegetable garden area for those wanting room to grow, potter and enjoy the outdoors.

Car accommodation and storage are a major standout, with an impressive powered 6m x 9m shed, plus a separate garden shed. Two rainwater tanks, roof insulation and a 20 panel (6.8kW in total) 5kW inverter solar system add further practical value.

With charm, warmth, shed space, solar and future upside, this is a South Toowoomba opportunity with plenty to offer homeowners, investors and buyers seeking long-term flexibility.

Rent Appraised at $525 per week.

School Catchment Area:

Primary School - Harristown State School (1.3km)

High School - Harristown State High School (1.4km)

City Golf Club - 900m, Toowoomba Hospital 1km, CBD - 2.4km, Newington Park - 300m, Clewley Park - 800m.

RATES:

General Rates - $1456.35 per half year

Water Rates - $397.27 per half year + consumption

Listing description written by James O'Donohue, RE/MAX Success — reproduced as published, not verified by Districts.

Property features

  • Toilets: 2

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.