507/48 Jephson St, Toowong is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 1 bedroom Apartment sold in Toowong in the last 12 months.
Welcome to 507/48 Jephson Street, a stunning contemporary unit set in the highly-regarded 'Illumina'. Proximity to some of Queensland's most sought-after schools and tertiary institutions provides immense appeal with location being a huge drawcard for this property.
Toowong is a natural oasis, where locals are spoilt with sprawling parklands, beautiful character homes, and the magnificent Brisbane Botanic Gardens. It's walking, running, and cycling paths offer a riverside commute to Brisbane's CBD.
An exceptional investment opportunity presents itself with a current lease in place returning $545.00 per week until March 2024, with future rent increase available to you. With significant amount of money being invested throughout the Toowong area, with council initiatives and developments, Toowong is earmarked as one of Brisbane's leading suburbs.
Location
- Proximity to Toowong Village, including David Jones, Coles and over 80 specialty stores
- 3.5km to Brisbane CBD
- Surrounded by UQ, QUT, Brigidine College, Brisbane Boy's College, Brisbane Grammar School, St Ignatius Catholic School, St Peter's Lutheran College, Stuartholme School, Toowong State School
- 6mins drive to Indooroopilly Shopping Centre
- 8mins drive to Brisbane Botanic Gardens - Mt Coot-tha
- Easy access to Bus, Train and City Cat Ferry
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:
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