20/32-36 Lissner Street, Toowong QLD 4066

20/32-36 Lissner Street, Toowong QLD 4066
This is a second-floor, two-bedroom, two-bathroom apartment with one car space on Lissner Street, Toowong. The building is likely from the 1980s or 1990s and sits on a 1,928 m² site. The unit offers a full second bathroom, which is a genuine premium over many older two-bedroom apartments in the area. Its position in a quiet, tree-lined street close to the Toowong Village and transit hub gives it a strong location advantage for professionals or small families who value walkability without high-rise density. The two-bathroom configuration is competitively strong in this price bracket, as most comparable units in older low-rise blocks offer only one. This makes the property more attractive to couples or small families who need guest or ensuite flexibility. The unit sits in a stable, low-traffic part of Toowong where older blocks are not being replaced by high-density development, which supports long-term neighbourhood character. It best serves buyers who want a practical, well-located apartment with a functional layout rather than resort-style amenities. The price positioning may reflect that the interior finishes are not confirmed as modern, and the building likely lacks shared amenities like a pool or gym. Buyers should weigh whether the unit has been recently updated, as older kitchens or bathrooms could require near-term investment. The second-floor walk-up access may also be a consideration for some buyers, though it is standard for this building type. The absence of private outdoor space is typical for the era but may limit appeal for those wanting a balcony or garden.
Detailed Independent Property Report prepared  by PropCred Analyst team for 20/32-36 Lissner Street, Toowong QLD 4066
Checks found:
Value Risk 2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
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Market Insight

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

105m²

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