As a top Brisbane buyers agent, we’ve always got our finger on the pulse of the Brisbane property market. Check out what’s happening in Toowong.
A major $1 billion mixed-use development is proposed for Toowong, in inner Brisbane, spanning a 14,126sq m site.
The plan is for the project, to be known as Toowong Central, to consist of three towers ranging from 49 to 48 storeys, with the precinct to incorporate residential apartments, retail space, office space and a network of public plazas.
The new landmark precinct would consolidate multiple sites bound by Sherwood Road, Jephson Street and High Street.
If it goes ahead it would revitalise this inner city suburb and create major new amenity in the area.
Market Snapshot – Toowong
| Median house price | House annual price growth | Houses sold over past 12 months | Median Unit price | Unit annual price growth | Units sold over the past 12 months | Population | Median age of residents | % of renters |
| $1,550,000 | 1.14% | 95 | $715,000 | 17.21% | 270 | 12,556 | 30 | 54.8% |
Source: CoreLogic, ABS 2021 Census
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