OFF MARKET

40/1-9 Sylvan Road
Toowong QLD 4066

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Last updated 14 Oct 2024
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Property Details for 40/1-9 Sylvan Rd, Toowong

40/1-9 Sylvan Rd, Toowong is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Brisbane

Last Listing description (September 2021)

This is probably one of the best-sized two-bedroom apartments available in the inner west. Positioned up on level 5 in the Sylvan Tower comes this spacious and private apartment, with a study! Features of the apartment include

- Two Large Bedrooms, plus separate study
- Two Bathrooms

- East Facing Balcony
- Tandem Carpark
- River Views
- Secure Entrance, Pool, On-Site Management, Gym

Right in the heart of Toowong, with everything on your doorstep the Regatta Hotel, The Village, The City Cat, The River Walk, when you step out your door, everything is right there for you.

Currently tenanted to some fantastic tenants at $600/week until 25 February 2022, and they have indicated they would love to renew, you have multiple options here. Move in, continue the investment, or plan for your future.

The interstate investor is moving on, and now is your opportunity to make the shift into Regatta Riverside

Quick Details:
Rates: $430/qtr
Body Corporate: $5,555/annum
Sinking Fund Balance: $786,299
Rent: $600/week until 25/2/2022
Age: Built in 2000

Property History for 40/1-9 Sylvan Rd, Toowong, QLD 4066

A timeline of how this property has performed in the market
Listed for Rent
$590/w
19 Feb 2019
  • 19 Aug 2021
    Listed for Sale Contact Agent

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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 7,374 properties. Over the last 5 years, Houses in Toowong have seen a 73.27% increase in median value, while Units have seen a 80.28% increase. As at 30 September 2024:

  • The median value for Houses in Toowong is $1,573,608 while the median value for Units is $764,889.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 48 properties listed for sale, and 50 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in Toowong.

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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.