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Kensington

From AUD 640,000

Features

📍 Located less than 4km from Brisbane’s CBD, Toowong boasts exceptional accessibility to employment, lifestyle amenity, hospitals, transport, the Brisbane Airport, and Gold and Sunshine Coasts via the M1 Motorway.

💰 Strong demand for limited rental stock has seen 2- and 3-bedroom apartment rents rise by 23% in the previous three years.

🎓 With its proximity to some of the city’s most sought-after schools and tertiary institutions, including the University of Queensland, property is consistently in strong demand and very tightly held.

👜 Toowong’s most recently recorded unemployment rate of 4.4% sits comfortably below Greater Brisbane’s rate of 5.6%, and well below that of other inner-city locations.

👥 Toowong’s residential population has grown by more than 10% in the previous decade to approximately 12,331 at the end of 2019. Based on current underlying demographic trends, the population is projected to increase by close to 20% by 2036.

🌁 Industry experts including BIS Economics have forecast the Brisbane residential property market to outperform all other capital city markets in the coming three years. What will ultimately drive Toowong’s out-performance of the wider Brisbane market is the fact only a very small percentage of the city’s dwindling supply pipeline is being delivered to the Inner West.

📈 Reflecting Toowong’s status as an extremely desirable blue-chip location, houses sold during June 2020 commanded an average premium of $427,000 (or 75%) over those sold across the Greater Brisbane area during the same month.

Property Details

Property Type

Apartments, Penthouse

Developer

Mosaic Property Group

No. of Units

63 lots

Prices

2 Bedroom from AUD 630,000*
3 Bedroom from AUD 885,000*
1 Penthouse (Masterpiece) POA*

The information is provided by the developer. Any changes will not be notified. You should carefully read all relevant information and documents before making a purchase decision. If you have any enquiries, please seek for professional advice.

Address: 36 Sylvan Road, Toowong, QLD
City:
State/County:
Zip: 4066
Country: Australia
Open In Google Maps
Property Id : 22201
Price: From AUD 640,000
Structure Type: Cement
Floors No: 1
gym
pool
balcony
recreation

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