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Sold on 20 Oct 2023 for $505,000

507/48 Jephson Street
Toowong QLD 4066

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 507/48 Jephson St, Toowong

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.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
507/SP275683

Last Listing description (October 2023)

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

Property History for 507/48 Jephson St, Toowong, QLD 4066

A timeline of how this property has performed in the market
Last Sold
$505,000
20 Oct 2023
Listed for Rent
$550/w
15 Nov 2023
  • 03 Nov 2023
    Listed for Rent $550 / week
  • 19 Oct 2023
    Sold for $505,000
  • 27 Sep 2023
    Listed for Sale UNDER OFFER
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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 7,438 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:

  • The median value for Houses in Toowong is $1,551,262 while the median value for Units is $740,986.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 49 properties listed for sale, and 61 properties listed for rent in Toowong on OnTheHouse. According to CoreLogic's data, 363 properties were sold in the past 12 months in Toowong.

Suburb Insights for Toowong 4066

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Dan Turner
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Ray White Ashgrove
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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.