19/16 Patrick LaneToowong QLD 4066
Property Details for 19/16 Patrick Lane, Toowong
19/16 Patrick Lane, Toowong is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 144m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in Toowong in the last 12 months.
Last Listing description (November 2023)
On the fourth floor of The Regis, with only three units on the floor, this spacious, modern, and low-maintenance apartment offers a lifestyle of supreme comfort and convenience in one of Toowong's most popular locations. At night, city and river glimpses make time spent on the large balcony a pleasure.
With a chic, contemporary kitchen, tiled living areas, air-conditioning throughout and two balconies - one an incredibly generous size - it's a place you'll want to call home. The automatic tandem garage is a real bonus and provides storage as well. Many apartment blocks only provide a car space.
The Regis is home to 28 residences with an in-ground pool and spa and is wonderfully positioned just one block from the Brisbane River, the Regatta Hotel and CityCat, a short walk from Auchenflower Train Station and The Wesley Hospital as well as Toowong Village. It's also a short commute to the CBD, QUT and The University of Queensland.
This one won't stick around, so make sure you put this on your Saturday list. NB. The apartment is rented until May 2024.
Key financials:
Current lease until 20/5/2024 $580 per week
Body Corp: $8,997.50 per annum
Rates: $1,923.80 per annum
Sinking Fund Balance: $120,530.80 as at 30/4/2023
Tenancy: $580/week until 20/5/24
Property History for 19/16 Patrick Lane, Toowong, QLD 4066
- 09 Nov 2023Sold for $613,000
- 18 Sep 2023Listed for Sale Offers over $600,000
- 20 Apr 2022Listed for Rent $520 / week
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0About 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 77.45% increase in median value, while Units have seen a 74.54% increase. As at 31 July 2024:
- The median value for Houses in Toowong is $1,587,459 while the median value for Units is $737,395.
- Houses have a median rent of $690 while Units have a median rent of $600.
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