2/122A Russell Street, Toowoomba City, QLD 4350 sold on 07 July 2025 | OnTheHouse
SOLD
Sold on 07 Jul 2025 for $422,000

2/122A Russell Street
Toowoomba City QLD 4350

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 77m2
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Property Details for 2/122a Russell St, Toowoomba City

2/122a Russell St, Toowoomba City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 77m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Toowoomba City in the last 12 months.

Building Type
Unit
Floor Size
51m2
Land Size
77m2

Last Listing description (July 2025)

Perfectly positioned in the vibrant heart of Toowoomba, this spacious ground-floor unit offers the ultimate in convenience and lifestyle. Nestled in a secure, gated complex of just 10, this solid double-brick residence has been tastefully renovated and is just a short stroll from cafes, restaurants, boutique shops, medical centres, Queens Park, Grand Central Shopping Centre, and public transport, making it ideal for owner-occupiers and investors alike. With everything at your fingertips, there's truly no need for a car.

Currently leased at $425/week until April 2026, this property also presents outstanding rental potential of $450 - $475/week at lease renewal, or over $500/week if fully furnished.

Property Highlights:

• Spacious open plan living, dining and kitchen with high 9ft ceilings
• Two generously sized bedrooms with built-ins and brand-new carpet
• Freshly painted throughout with modern lighting, curtains, and fixtures
• Stylishly renovated bathroom with new tiling, fittings and paint
• Updated kitchen featuring modern tapware, excellent storage, and space for a mobile island
• New flooring throughout for durability and easy maintenance
• Internal laundry with storage, new vanity, and separate toilet
• Natural gas for cooking and hot water
• Security screens on all windows and doors
• Single carport at the rear, ideal for undercover parking or additional entertaining space
• Electric-gated access and well-managed by Toowoomba Strata (CTS 11854)

Investment Snapshot:

• Current Rent: $425/week (lease until 14 April 2026)
• Rental Potential: $450 - $475/week | $500+ if furnished
• Council Rates: Approx. $1,155.18 half yearly
• Water Rates: Approx. $335.75 half yearly
• Body Corporate: $612/quarter (includes admin, insurance & sinking fund)
• Water Efficient Certified - tenant pays full water usage
• Built: Circa 1978

School Catchments:

• Primary: Toowoomba North State School
• Secondary: Harristown State High School

This is a rare chance to secure a fully renovated, low-maintenance unit in a tightly held, central location with exceptional rental appeal. Whether you're stepping into the market, downsizing, or looking for a high-yielding investment - this one ticks all the boxes.

Contact John Rizqallah on 0427 976007 for more information or to arrange your Private Inspection

Property History for 2/122a Russell St, Toowoomba City, QLD 4350

A timeline of how this property has performed in the market
Last Sold
$422,000
07 Jul 2025
Listed for Rent
11 Apr 2025
  • 19 Jun 2025
    Sold for $423,000
  • 13 Jun 2025
    Listed for Sale Offers over $399,000
  • 21 Mar 2025
    Listed for Rent $425 / week
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About Toowoomba City 4350

The size of Toowoomba City is approximately 2.7 square kilometres. It has 9 parks covering nearly 3.8% of total area. The population of Toowoomba City in 2016 was 2088 people. By 2021 the population was 2321 showing a population growth of 11.2% in the area during that time. The predominant age group in Toowoomba City is 20-29 years. Households in Toowoomba City are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toowoomba City work in a professional occupation.In 2021, 36.20% of the homes in Toowoomba City were owner-occupied compared with 34.40% in 2016.

Toowoomba City has 2,410 properties. Over the last 5 years, Houses in Toowoomba City have seen a 118.32% increase in median value, while Units have seen a 78.16% increase. As at 30 November 2025:

  • The median value for Houses in Toowoomba City is $776,105 while the median value for Units is $526,015.
  • Houses have a median rent of $500 while Units have a median rent of $395.
There are currently 18 properties listed for sale, and 129 properties listed for rent in Toowoomba city on OnTheHouse. According to Cotality's data, 112 properties were sold in the past 12 months in Toowoomba city.

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Contact agent
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John Rizqallah
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Raine &Horne - Toowoomba
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.