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Overview
Positioned in a highly convenient pocket of Toowong, this stylish apartment at 3/49 Elizabeth Street presents an outstanding opportunity to secure a well-appointed property in a sought-after locale. Combining low-maintenance living with everyday convenience, this residence is well-suited for first home buyers, investors, or downsizers alike.
The apartment is well-maintained within a small complex, providing a quiet and comfortable living environment. It features an open plan living and dining area that enjoys abundant natural light, creating a bright and welcoming atmosphere. The private balcony extends from this space, offering an ideal spot for relaxation or entertaining guests.
The functional kitchen is equipped with ample storage and bench space, catering to everyday culinary needs efficiently. There are two well-sized bedrooms, each with built-in wardrobes, providing generous storage and personal space for residents. The centrally located bathroom is designed with a practical layout, optimizing utility and ease of use.
Additional benefits include secure accommodation for a single car, ensuring convenience and peace of mind. The property is accompanied by reasonable outgoing costs: body corporate fees are approximately $893 per quarter, council rates around $549 per quarter, and water fees roughly $333 per quarter. The sinking fund stands at $70,248.32 as of May 12, 2026.
Currently leased at $670 per week until September 24, 2026, the rental appraisal suggests an approximate weekly rental of $700, confirming the investment potential. The location is highly advantageous, with proximity to Toowong Village and local cafés, enhancing lifestyle options. Public transport options such as train and bus routes are easily accessible, facilitating convenient commutes.
The apartment is also close to The University of Queensland and a short drive from Brisbane's CBD, making it attractive for students and professionals alike. Nearby parks and the scenic Mt Cootha provide recreational opportunities. The property falls within the school catchments for Toowong State School and Indooroopilly State High School, adding to family appeal.
Overall, the property offers an exceptional balance of lifestyle, accessibility, and investment appeal. This address on a quiet street delivers both comfort and convenience within a thriving inner-west Brisbane suburb. Whether considering moving in or investing, this apartment is a rare opportunity not to be missed.
Local Market Insights
In Toowong, Quiet Listings observed 16 new apartments entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $1,134,875. The property type mix of listed properties is predominantly Apartments at 34%, followed by houses (32%), and units (17%). Place was the most active agency in this area, representing 43.9% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| Offers Over $860,000 | |
| For Sale |
Location
Toowong QLD 4066
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 95 m² |
Market Insights for Toowong QLD 4066
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