31/36 Glen Road, Toowong QLD 4066

Asking price above market value | No prior sales record available | Premium finishes but small floorplan | Renovation premium may not hold resale The asking price sits above the Toowong unit median and the estimated valuation, meaning the buyer is paying for the renovation and view rather than the property’s base value. This premium carries risk: if the market softens, that renovation premium will compress first. On the opportunity side, a fully renovated property in a walkable Toowong position with river outlooks is rare, and the right buyer could hold this unit as a low-maintenance inner-city base or as a rentable luxury residence with strong tenant demand. The judgment call: this unit suits a lifestyle buyer who values the immediate finish more than a bargain, but for a purely financial hold the price is stretched. Competitively, the full renovation with high-end finishes, combined with the rare sweeping city and river views from a large balcony, makes this one of the better-finished units in Toowong. The master suite with ensuite and study nook adds functional separation that many 2-bedroom apartments lack. This property best serves a professional couple or downsizer who wants lock-and-leave luxury in a prime location and will use the quality finishes for years rather than sell soon after purchase. To move ahead, request the building’s body corporate records and a list of recent nearby sales to test whether the premium can be justified against actual market data.