5/62 Elizabeth Street, Toowong QLD 4066

5/62 Elizabeth Street, Toowong QLD 4066
5/62 Elizabeth Street, Toowong QLD 4066 is a 2-bedroom, 2-bathroom, 1-car apartment on the top floor of a small complex of 6 units, built around 2001–2002. The property was listed for sale on 18 June 2026 as an apartment in Toowong. The listing describes an east-facing balcony, separate living/dining, bedroom separation, ensuite to main bedroom, second bathroom, and secure garage parking. top floor | small complex | east-facing balcony | two bathrooms | secure garage What is competitively strong or rare about this property is its position in a small, six-unit complex on the top floor, which is uncommon for a two-bedroom apartment in this part of Toowong. The east-facing balcony captures morning light and a quieter aspect, while the separate living and dining areas with bedroom separation offer a layout that feels more like a small house than a standard unit. The inclusion of two bathrooms and secure garage parking adds further practicality. This property best serves a buyer who values privacy, low-density living, and a well-configured floor plan over the larger, noisier complexes typical of the suburb. It suits downsizers, professionals, or owner-occupiers seeking a genuine home rather than an investment box. Factors that may materially affect the value or sale price of this property include its age—built around 2001 to 2002—which places it in a middle ground where some finishes may feel dated but major structural issues are less likely than in older stock. The small complex size means body corporate costs could be higher per unit, and the east aspect, while pleasant, may limit afternoon sun exposure for those who prefer it. The rental guidance of $750 to $800 per week suggests strong demand, but a buyer should weigh whether the top-floor premium and boutique feel justify a price above comparable units in larger buildings nearby.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5/62 Elizabeth Street, Toowong QLD 4066
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk
Income Risk ! 1
Execution Risk
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Insight: Toowong QLD 4066

Toowong is a high-demand, established Brisbane suburb where limited land constrains house supply, supporting a median price near $1.85M with steady growth. Demand is driven by professionals and amplified by strong interstate migration, with units seeing exceptional growth above 19%. The market is active, with houses selling in a median of 30 days. Future growth is underpinned by population inflows and economic investment, though sensitivity to interest rate rises presents a key affordability risk.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

479m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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