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Back 5 Paterson St
Off Market

5 Paterson St

South Toowoomba QLD 4350

3
1
3
0 m²
810 m²
House
Last sold for $750,000
Joanne RoweJoanne Rowe, last sold this property on 21 June 2026 after 69 days on market.

Overview

Position, Potential & Dual Titles – A Developer’s Dream

Positioned on a generous 810m² allotment across two titles with a development zone of mixed housing. 5 Paterson Street presents an outstanding opportunity for developers, investors, or land-bankers seeking future growth in a high-demand South Toowoomba location. With dual-title flexibility and a wide frontage, the property offers significant potential for subdivision, redevelopment, or the addition of secondary dwellings (STCA). The level, fully fenced block with side access enhances the site's usability for future projects, making it an attractive prospect for those looking to maximise land value. The existing timber home provides a holding income or a comfortable base while planning your development. It features three bedrooms, a functional kitchen, and a spacious living area with air-conditioning. Character elements such as high ceilings and VJ walls add appeal for tenants or buyers, should you choose to renovate or retain the dwelling. Infrastructure is already in place with a single lock-up garage and a powered double bay shed, offering practical storage or workspace during any future development. Vacant and ready to lease, with strong rental upside and a projected increase in October 2026. For more information, ask the agent. Located just minutes from the Toowoomba CBD and close to key amenities including parklands, schools, medical facilities, and major transport routes, this property is ideally situated for both immediate rental demand and long-term capital growth. Whether you're looking to develop now or secure a prime site for the future, this is a rare opportunity to capitalise on location, land size, and subdivision potential.

Features

3 bedrooms
1 bathroom
3 carspaces
3 garage spaces
0 m² floor area
810 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in South Toowoomba over the last 12 months, the estimated median property value of 5 Paterson St is $775.5k.

Median value
$775.5k
Estimated value range
$350k - $1.3m
Median days on market
24
Estimated value trend
23%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Toowoomba. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Paterson St

2026
Sold
$750,000
21 Jun 2026 by Joanne Rowe, of The Rowe Team Agency
2025
Rented
Undisclosed
Leased on 30 Sep 2025 by The Rowe Team Agency
2024
Rented
Undisclosed
Leased on 08 Oct 2024 by The Rowe Team Agency

Happy sellers in South Toowoomba

98%
98% of sellers in South Toowoomba reported that their sale price either exceeded or met their price expectations.

South Toowoomba stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 8 reviews in South Toowoomba over the last 12 months.

Local market activity for 3 bedroom houses in South Toowoomba

In the last 12 months, 54 three-bedroom houses similar to 5 Paterson St, have been sold.

This represents a 23% increase in three-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Toowoomba

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Robbie Witt

Sellers who recommend Robbie Witt have praised them for being clear communication, local expert, supportive, reliable, responsive, honest and dedicated

  •   4.9   (335 reviews)
  •  2 Reviews in South Toowoomba
  •  3 Sales in South Toowoomba
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Matt Hawkins

Sellers who recommend Matt Hawkins have praised them for being clear communication, local expert, responsive, honest, reliable, dedicated and supportive

  •   5   (389 reviews)
  •  2 Reviews in South Toowoomba
  •  2 Sales in South Toowoomba
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Justine Dill

Sellers who recommend Justine Dill have praised them for being clear communication, local expert, responsive, supportive, friendly, reliable and well-prepared

  •   4.9   (619 reviews)
  •  2 Reviews in South Toowoomba
  •  1 Sale in South Toowoomba
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Jess Jones

Sellers who recommend Jess Jones have praised them for being clear communication, well-prepared, responsive and local expert

  •   5   (28 reviews)
  •  1 Review in South Toowoomba
  •  3 Sales in South Toowoomba
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