33 Toohey Street, Woolloongabba QLD 4102
33 Toohey Street, Woolloongabba QLD 4102
2/2/1 unit|private garden|flood overlay|strong rental demand|inner-city pocket
This apartment is presented as a spacious two-bedroom, two-bathroom unit with a rare private side garden, a feature found in only two dwellings within its complex. The property is positioned within an established inner-south precinct, where proximity to transport, retail, and employment nodes supports consistent demand from owner-occupiers and investors alike. Its configuration is considered larger-than-average for the local apartment market, with air-conditioning, a stone kitchen, and secure parking adding practical appeal. The unit is best suited to buyers seeking a low-maintenance lifestyle without sacrificing access to the city, hospitals, or lifestyle hubs.
Value may be influenced by the flood planning overlay, which could affect insurance and buyer sentiment. The strata title is seen as a limitation for some due to reduced autonomy. Presentation and the private garden are expected to support a premium, while rental demand is viewed as resilient. A buyer’s final view on price might be shaped by the trade-off between convenience and flood exposure.
Detailed Independent Property Report prepared by PropCred Analyst team for 33 Toohey Street, Woolloongabba QLD 4102
Checks found:
Value Risk
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Woolloongabba is an inner-Brisbane market underpinned by the Gabba precinct and strong transport links via Logan Road, trains, and buses. Professional households, with a mix of families and single occupants, drive demand due to proximity to the CBD and employment hubs. House prices have grown 15–16.7% annually to a median of $1.525 million, selling in a median 24 days on volumes of 45–53 per year. Units rose 13–15% to $730,000–$750,000, supported by high turnover of 194 sales and a gross yield near 5%, versus 2.7–3.1% for houses. Unit rents hold at $720 weekly; house rents range $725–$790. Ongoing Gabba precinct infrastructure improvements are a future growth driver. Constraints include affordability limits at the top end, constrained supply, and rate sensitivity in a premium price segment.
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PropCred Estimated Value
Comparable Sales: 2/2/1 units at 33 Sword Street sold for approx $725k and $731k | Property Price Band: $900k-$1M | Value Drivers: private garden, condition, flood overlay exposure
Bedrooms
3
Bathroom
2
Parking
2
Land
472m²
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