10492 New England HighwayHighfields QLD 4352
Property Details for 10492 New England Hwy, Highfields
Last Listing description (November 2023)
Don't miss the opportunity to acquire this high exposure land holding with direct frontage to the New England Highway. This will provide the astute investor, builder, or developer with a variety of development options.
Highfields is recognised as one of the fastest growing suburbs in Toowoomba. It has recently seen a population explosion which has ensured an abundance of recent development activity including a new KFC, a new ALDI, service stations, child care centres, shopping centre expansions, Toowoomba Regional Councils Highfields Sports Park redevelopment project and the expansion of Borneo Barracks at Cabarlah which is home to over 500 military personnel.
The site currently has a development and building approval for 20 villas, however, may be suitable for commercial, office or medical uses (STCA).
Features include:
- Site area of 8,337m
- Approved for 20 Villas
- New England Highway Exposure (15,000 cars per day)
- May be suitable for commercial, office or medical uses (STCA)
- Highfields is one of the fastest growing suburbs in Toowoomba
Property History for 10492 New England Hwy, Highfields, QLD 4352
- 24 Apr 2018Listed for Sale $1,650,000
- 07 Jun 2014Sold for $784,999
- 03 Mar 2014Listed for Sale OFFERS ABOVE $780,000
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0About Highfields 4352
The size of Highfields is approximately 26.2 square kilometres. It has 26 parks covering nearly 2.2% of total area. The population of Highfields in 2011 was 8,011 people. By 2016 the population was 8,114 showing a population growth of 1.3% in the area during that time. The predominant age group in Highfields is 10-19 years. Households in Highfields are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Highfields work in a professional occupation. In 2011, 83.2% of the homes in Highfields were owner-occupied compared with 80.8% in 2016.
Highfields has 3,971 properties. Over the last 5 years, Houses in Highfields have seen a 66.38% increase in median value, while Units have seen a 93.92% increase. As at 31 July 2024:
- The median value for Houses in Highfields is $902,557 while the median value for Units is $573,239.
- Houses have a median rent of $645 while Units have a median rent of $350.
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