302/50 Sylvan Road, Toowong QLD 4066

Modern Toowong apartment | 99m² internal | flood overlay present | strong owner-occupier building This apartment’s 99m² internal area is notably spacious for a two-bedroom unit in Toowong, where most new stock is smaller. The 2019 build date means modern construction standards and lower immediate maintenance risk. The building’s 60% owner-occupier ratio supports stable tenancy and better common area care. This property suits a buyer seeking a genuinely liveable apartment in a high-demand suburb with strong school catchments, rather than a pure investment play. The flood overlay is the primary risk and requires specific due diligence on floor level relative to historic flood data. The wide gap between the 2023 purchase price and current automated estimates suggests the market has moved sharply, but also indicates potential overvaluation if relying on automated models. The short 13-day average days on market for Toowong units signals strong buyer competition, meaning a well-prepared buyer may need to act decisively. Body corporate records should be reviewed for any special levy history given the building’s age and 61 lots.