How Much is My Home Worth in Toowong?
The median price for a house in Toowong is $872,000 as of May 28, 2019. A median-priced unit is $429,500. There have been 61 houses and 177 units sold this year. Of the house sales, 17 were four bedrooms. It takes on average 50 days to sell a house and 73 days to sell a unit. The annual capital growth for homes is 1.95% and units is 0.88%. The 12-month capital growth is 1.29% on houses and 3.72% for units.
The Demand to Supply Ratio or DSR rating puts homes at above average and units as good. The market indicates that there are an even amount of house buyers and sellers. Buyers could get a good property price if the vendor is in a hurry to sell. If you were to purchase or invest in a property in Toowong the capital growth should stay inline of the national average.
House prices and rent returns in Toowong.
- 2 bedroom home No Data Rent per week $435
- 3 bedroom home $802,00 Rent per week $548
- 4 bedroom home $1,200,000 Rent per week $700
Unit prices and rent returns in Toowong.
- 1 bedroom unit $292,500 Rent per week $365
- 2 bedroom unit $395,500 Rent per week $400
- 3 bedroom unit $578,000 Rent per week $550
Gross rental yield for houses in Toowong is 3.32% and for units, it is 4.94%.
Free Real Estate Appraisal Toowong
Are you going to sell your home? Do you want to know the market price for your house or unit? Most real estate agents provide free property appraisals on units, apartments, land and houses. They determine the property price based on its location to shops, schools and public transport. They also take into account recent sales history. Property appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today's property climate.
Free Rental Appraisal Toowong
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? There are currently over 153 homes to rent in Toowong. Rental appraisers will provide a free estimation on your expected weekly rent return. They will discuss with the owner the length of the lease and who they prefer renting their home. Property managers typically manage the rent collection, routine inspections, maintenance and tax accounting. Generally, they have a large database of tenants wanting to rent now.
Property Valuation Toowong
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Living in Toowong
Lifestyle in Toowong
Toowong is located just 5 kilometres west of the Brisbane central business district. At the heart of Toowong is a commercial business centre. At the last census, there were 11255 registered residents. The eastern border runs along the Brisbane River. There are a number of parks including the Toowong Cemetery. There is also the Toowong Train Station.
Schools in Toowong
There are 5 schools in Toowong.
- Queensland Academy For Science Mathematics Technology
- Toowong State School Co-educational
- Brisbane Boys College Boys Private
- St Ignatius Primary School Co-educational
- Stuartholme School Girls
Real Estate Agents Toowong
- Professionals Toowong Real Estate
- Arthur Conias Real Estate Toowong
- Doug Disher Real Estate
- Belle Property Toowong
- Ray White Toowong
- Dixon Family Estate Agents