38 Sussex StreetToowong QLD 4066
Property Details for 38 Sussex St, Toowong
38 Sussex St, Toowong is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 642m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Toowong in the last 12 months.
Last Listing description (March 2024)
Ripe for redevelopment, this post-war home situated within a quiet cul-de-sac bordering Mount Coot-tha Forest Park presents enormous potential, not the least of which is securing a foothold in the prestigious suburb of Toowong and capitalising on future growth.
With a north-to-street aspect and a wide 16 metres of frontage, a favourable opportunity exists to demolish the current house, consult with an architect and engage a builder to construct a substantial multi-level family residence (STCA) that has proximity to elite schools, upmarket retail, Brisbane's CBD and the Legacy Way Tunnel.
Remaining relatively untouched over the years and featuring decidedly retro styling, several living and bedroom areas and undercover parking for at least four vehicles, the perfectly liveable home allows for valuable rental income to be realised now while you are in the planning phase. The width of the frontage and the leafy residential locality will potentially accommodate a timeless, modern Queenslander with intricate details through to a more sleek, contemporary design.
Sloping from front to rear, the large 642m2 fenced allotment has concreted side access, a level front garden, a protected, north-facing patio, a water tank and a grassy back yard. It is the elevation once inside, that will surprise, with the kitchen and light-filled dining and living spaces taking in breezy, district outlooks and treetop views.
A family-friendly locale, the bushland reserve at the end of the street has popular walking trails leading to Anzac Park's dog park, a children's playground and recreation areas, and pathways that connect with the beautiful Brisbane Botanic Gardens. Indooroopilly Shopping Centre and Toowong Village are within easy reach.
Situated less than 7km by road from the heart of Brisbane, 5km from the University of Queensland and less than 30 minutes from Brisbane's domestic and international terminals, this inner-west address delivers welcome, reduced commuter travel times and cross-city convenience. Within the catchment for both Indooroopilly's primary and high schools, and near Toowong's Brisbane Boys' College and Stuartholme School, this highly sought-after area is perfect for families with school-aged children.
Property History for 38 Sussex St, Toowong, QLD 4066
- 29 Apr 2024Listed for Rent $650 / week
- 30 Mar 2024Listed for Sale Not Disclosed
- 28 Mar 2024Sold for $1,250,000
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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 7,380 properties. Over the last 5 years, Houses in Toowong have seen a 71.35% increase in median value, while Units have seen a 80.16% increase. As at 31 October 2024:
- The median value for Houses in Toowong is $1,584,993 while the median value for Units is $774,068.
- Houses have a median rent of $650 while Units have a median rent of $620.
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