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Sold on 26 Apr 2024 for $500,000

507/21 Patrick Lane
Toowong QLD 4066

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
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Property Details for 507/21 Patrick Lane, Toowong

507/21 Patrick Lane, Toowong is a 1 bedroom, 1 bathroom House with 1 parking spaces. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom House sold in Toowong in the last 12 months.

Building Type
House
Floor Size
80m2
Local Government
Brisbane
Lot/Plan
507/SP149560

Last Listing description (April 2024)

UNDER OFFER Inside, you will find a well-designed interior, with an open floor plan providing seamless flow between the living and dining areas, creating a welcoming space for entertaining guests.

Nestled within a well maintained lifestyle complex that includes on an array of on-site facilities, this apartment will be sure to impress professionals, downsizers and investors alike.

Close to amenities and centrally located just minutes from Brisbane's CBD, this property offers convenience and proximity to the city that is sought-after. Perfectly placed on the fifth level, adjacent to the lift, it ensures access to the entry is convenient and easy. Upon entry you will appreciate the early morning sunshine into the home and enjoy the cool shade on the balcony in the afternoons, as you relax after a busy day. This property is filled with natural light that emanates from its balcony; buyers will appreciate the beautiful leafy outlook, with city glimpses and beautiful breezes.

The apartment offers a generous open-plan living and dining area that seamlessly connects to the covered balcony. Central to the living area is a well-designed kitchen featuring gas cooktop, stone benchtops, excellent storage and a dishwasher.

A large king-sized master bedroom encompasses a walk-through robe that provides generous storage space, and the bathroom is complete with laundry amenities, including a dryer. Air conditioned annd with easy care timber look flooring throughout adds to the appeal of the property.

The apartment offers secure, undercover parking with additional off-street visitor parking. Residents will also appreciate the benefit of onsite management.
For investors, the property presents an excellent opportunity, with a strong history of secure rental interest in the complex.

Close to both Toowong and Auchenflower train stations and the Regatta Ferry Terminal, plus an easy walk to Toowong Village Shopping Centre's many retail and dining options. The scenic Bicentennial Bikeway will deliver you stress-free to the city, while Toowong Memorial Park's sporting grounds and numerous city-bound bus stops are nearby. Medical-workers will value the apartment's proximity to the Wesley Hospital, while students can enjoy being just a short distance from UQ's Saint Lucia campus.

CityCat Ferry Terminal 250m
Auchenflower Railway Station 450m
Toowong Railway Station 700m
Toowong Village Shopping Centre 700m
BCC bus stop within 120m

Body Corporate : $1,993.16 p.q

Property History for 507/21 Patrick Lane, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$500,000
26 Apr 2024
Listed for Rent
$650/w
25 Jul 2024
  • 25 Jul 2024
    Listed for Rent $650 / week
  • 22 May 2024
    Listed for Rent $650 / week
  • 14 May 2024
    Listed for Sale For Sale
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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 7,377 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.
There are currently 58 properties listed for sale, and 47 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in Toowong.

Suburb Insights for Toowong 4066

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Contact agent
Carol Summerlin
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Dixon Family Estate Agents
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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.