Median home prices in Toowoomba rise again ...

Remember that lovely piece of tortured logic by Mayor Thorley and the Yes campaign team:

Toowoomba home prices have risen since the announcement of the Water Futures project (from $232,500 - March Qtr 2005 to $240,000 - March Qtr 2006). Therefore the Water Futures project is good for home values.

See - Water Futures - Aren't price rises linked to our project?

The latest median home figures for Toowoomba show that prices have continued to rise since the success of the No vote:

Median home prices - Toowoomba (LGA)
$245,000 (12 months to end Sept 2006)
$235,000 (12 months to end Sept 2005)

See - Toowoomba - median home prices.

Based on the Council's logic, that must mean that voting down the Water Futures proposal has been beneficial for property prices.

Or perhaps the link previous suggested by the Toowoomba City Council was tenuous at best ...