Suburb report · QLD 4066
Toowong
Prepared by the property strategists at Chase Wealth Australia
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Population
13,578
Toowong suburb profile
Who lives in Toowong
Toowong is 4km from central Brisbane, close enough to count as inner Brisbane. With 13,578 residents, Toowong is in the largest fifth of Queensland suburbs, well above the 4,480 of the median suburb. By population it is number 45 of 317 suburbs within 40km of the Brisbane CBD. At a median age of 29, Toowong is among the youngest fifth of Queensland suburbs. Among suburbs within 40km of the Brisbane CBD, 300 of 317 have an older median age.
Income and home ownership
Households earn a median $108,000 a year, above the $98,100 of the median Queensland suburb. Among the 317 suburbs within 40km of the Brisbane CBD, 187 report a higher median household income. Renters are the majority: 55.9% of households rent and 44.1% own, one of the lowest ownership shares in Queensland. 280 of the 317 suburbs within 40km of the Brisbane CBD have a higher ownership share.
Household mix
At the 2021 Census, 5,361 households lived in Toowong, more than in 94% of Queensland suburbs. Lone-person households lead the mix: families with children 26.9%, couples without children 26.7%, people living alone 32% and group households 14.2%. Among suburbs within 40km of the Brisbane CBD, 21 of 317 have a smaller share of families with children than Toowong. The share of group households, 14.2%, is higher than in 99% of Queensland suburbs. Couples without children, at 26.7%, sit near the Queensland middle, at the 42nd percentile.
Housing supply
44 new dwellings were approved across the Toowong statistical area in the year to June 2025, 70% below its 2020 to 2024 average of 146 a year. The Toowong statistical area had 13,725 residents in 2025 and closely matches Toowong. That is 3.2 approvals per 1,000 residents of that area, close to the 3.2 of a typical Queensland statistical area. Between 2020 and 2025 the area's approvals peaked at 515 in 2023 and bottomed at 18 in 2020.
Population trend
From 2020 to 2025, the Toowong statistical area expanded its population by 6.4%, against 9.7% for Queensland as a whole. The median Queensland statistical area grew 6.3% over the same 5 years, 0.1 points slower than this one. It ranks at the 52nd percentile of Queensland statistical areas for population growth over the period. Growth was strongest in the year to 2023 (4.4%) and weakest in the year to 2021 (-1.6%).
Against its neighbours
The sharpest contrast among the nearby suburbs is Bardon, where the share of families with children is 53.9% compared with 26.9% here. On the owner-occupied share, St Lucia comes closest to Toowong: 45.5% against 44.1%. Indooroopilly, 2km away, has 15,421 residents and a median household income of $115,600.
Location
Demographics
ABS Data by Region to 2025, on ABS Census 2021 suburb baselineHousehold Mix Census 2021
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Reading this report
Every figure in the Toowong data table is dated at its source. Supply and population change cover the Toowong statistical area, whose boundary differs from Toowong's, and our guide to reading a suburb report explains how our buyers agents weigh them.
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This report is market intelligence prepared by Chase Wealth Australia for general information only. Figures are statistical estimates for the suburb, not valuations of any individual property, and do not constitute financial or credit advice. Consider your circumstances and seek professional advice before acting. Demographic figures are sourced from the Australian Bureau of Statistics, Census 2021 (licensed CC BY 4.0) where available.