The Chronicle

Hodgson Vale offers privacy and plenty of space

-

Hodgson Vale is about 26 square kilometres in size and is located 12 kilometres south of the Toowoomba CBD, with a small community of 1379 people, according to the latest Census informatio­n.

Family households make up 92.5 per cent of Hodgson Vale’s population, with residents earning a median personal income of $900 per week.

Privacy, wide open spaces and the strong appeal of a rural residentia­l lifestyle, are just some of the reasons buyers are heading to Hodgson Vale.

Toowoomba’s metropolit­an overspill has seen the area grow, with larger rural–residentia­l blocks proving popular with retired farmers and growing families.

Allotments are larger, usually with a minimum land size of 4000 square metres (about one acre) and, because of this, the homes are large.

According to 2016 Census data, housing in the area is made up solely of stand–alone homes, 81.4 per cent of which have at least four bedrooms.

More than a third of homes (35.3 per cent) are owned outright, while 58.2 per cent are owned under a mortgage and 5.8 per cent are being rented.

The larger allotments also allow for extras like sheds, pools and tennis courts.

All of these factors add up to a median sales price of $571,500, which was a drop of 3.5 per cent in the past year, CoreLogic data shows.

Hodgson Vale is a relatively advantaged neighbourh­ood, scoring in the 98th percentile and being awarded a SEIFA index of 1107.3 in 2016.

This index indicates an area’s advantage, relating to factors like income, employment rate, house size, the population’s education and occupation, etc.

Although Hodgson Vale does not have it’s own schools, the prestigiou­s schools of Toowoomba are right at its doorstep, along with all the shopping and convenienc­e services residents could need.

 ??  ??
 ??  ??
 ??  ??

Newspapers in English

Newspapers from Australia