We have completed a lot of research on Toowoomba as a destination for some of our existing and new clientele to invest in over the next few years and it certainly is stacking up. Your borrowing capacity may dictate your ability to jump into a new property, however keen to know why you are wanting to look at a potential reno outside of getting into the market with less outlay? Have you got reno or building experience, or do you have the time to complete it yourself? Always need to go into these decisions with your eyes wide open to endeavor to mitigate any risk. 

Cheers

Matt