104/573 Coronation Drive, Toowong QLD 4066

104/573 Coronation Drive, Toowong QLD 4066
Boutique riverside unit | 2 bed 2 bath 1 car | Modern 2015 build | Roof terrace river views | Arterial road exposure The property is positioned within a small boutique riverside building, a product type that is less commonly found in Toowong’s apartment market. The building was constructed in the mid-2010s, placing it among the newer stock in the corridor. The two-bedroom, two-bathroom, one-car configuration is well suited to both owner-occupiers and investors. The rooftop entertaining terrace with river outlook is considered a rare amenity when compared with standard medium-density complexes. The property is best matched to professionals, downsizers, or university-linked buyers seeking low-maintenance living with strong transport access and proximity to the CBD. Value may be influenced by the unit’s exact floor level and aspect, as river or CBD outlooks are typically priced at a premium within this building. Traffic noise might be introduced by the Coronation Drive frontage, so glazing quality and balcony orientation may be important. The modest floor area may limit appeal for family buyers, while the boutique building scale and modern finishes may support price resilience over time.
Detailed Independent Property Report prepared  by PropCred Analyst team for 104/573 Coronation Drive, Toowong QLD 4066
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Toowong is an established inner-Brisbane suburb where tight detached housing supply meets steady demand, anchored by strong school catchments and a predominantly professional, younger demographic. Houses sit at a median of $1.85 million with annual growth of 5.3 per cent; sales volume is thin at 75 transactions over 12 months. Units are the sharper performer, up 20.6 per cent to a median of $850,000, with gross rental yields at 3.8 per cent and weekly rents of $680. Demand is led by interstate migration into Queensland and professionals seeking river-view or transport-accessible stock, particularly apartments. Detached housing supply is static due to limited land availability, which should underpin pricing, but interest-rate sensitivity is the key risk; elevated rate expectations may not yet be priced in, and affordability constraints could cool buyer enthusiasm.
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PropCred Estimated Value

Comparable Sales: 204/573 sold $660k in 2022; 404/573 sold $569k in 2025 | Property Price Band: $550K-$650K | Value Drivers: floor level, river outlook, presentation

Bedrooms

2

Bathroom

2

Parking

1

Land

1487m²

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