OFF MARKET

12/29 Grove Street
Toowong QLD 4066

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 120m2
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Property Details for 12/29 Grove St, Toowong

12/29 Grove St, Toowong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1969. The property has a land size of 120m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
1969
Floor Size
121m2
Land Size
120m2
Local Government
Brisbane
Lot/Plan
12/BUP415

Last Listing description (May 2023)

Premium investment opportunity for the astute; top floor and north facing this property won't last long.. Situated just 5km from Brisbane CBD, walking distance to Toowong Shopping Centre, corination river walk, and public transport. The position is gold. Tightly held for 30 years by the same owner, this is a rare opportunity for an investor or owner occupier.

Features:
- Top Floor Location

- Kensington Lodge - Superbly maintained complex sitting on over 2,000sqm
- North facing full-length balcony with stunning city views
- Large single car garage lockup garage with laundry
- Located amongst the prestigious Brisbane Boys College and St Ignatius College
- Toowong State School and Indooroopilly State High Catchment
- Walk to Toowong Shopping Centre and future Harris Farm Markets

- Body Corp Fees $3,471 p.a approx.
- BCC Rates $450.20 qtr approx.
- Balance of Sinking Fund $101,000 approx.
- Rental Appraisal $430 per week approx.

Property History for 12/29 Grove St, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$480,000
11 Apr 2023
Listed for Rent
$350/w
29 Sep 2020
  • 11 Apr 2023
    Sold for $480,000
  • 09 Jan 2023
    Listed for Sale Offers over $479,000
  • 30 Jul 2020
    Listed for Rent $350 / week
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About Toowong 4066

The size of Toowong is approximately 4.2 square kilometres. It has 18 parks covering nearly 10.4% of total area. The population of Toowong in 2011 was 11,255 people. By 2016 the population was 10,832 showing a population decline of 3.8% in the area during that time. The predominant age group in Toowong is 20-29 years. Households in Toowong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowong work in a professional occupation. In 2011, 42.9% of the homes in Toowong were owner-occupied compared with 44.4% in 2016.

Toowong has 7,438 properties. Over the last 5 years, Houses in Toowong have seen a 71.35% increase in median value, while Units have seen a 72.54% increase. As at 31 August 2024:

  • The median value for Houses in Toowong is $1,551,262 while the median value for Units is $740,986.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 49 properties listed for sale, and 61 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 363 properties were sold in the past 12 months in Toowong.

Suburb Insights for Toowong 4066

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.