Arnold
CibbuanoToowong, QLD
October 30th 2006 01:27
Toowong in Queensland’s Brisbane is the subject of today’s “Better Know a Suburb.” Toowong is located less than four kilometres from the CBD and is less than five minutes drive from the University of Queensland at St Lucia. The suburb features an ever-increasing number of units to cater for the strong demand in the area from young professionals and university students. Some high-rise complexes have recently been completed along Coronation Drive, with a number of new high-end projects also currently underway, taking advantage of the city and river views on offer. Toowong is well serviced by public transport, via citycat, bus or rail.
Toowong, QLD (Postcode: 4066)
Property Price Results for the last 12 months:
Houses:
Average Price $604,000
Median Price $510,000
Change: 1%
Apartments:
Average Price $355,000
Median Price $305,000
Change: 4%
Average prices are the sum of all the property sales results divided by the number of sales. The median price is the exact selling price of the middle most sales price when all the sales are ordered according to their value.
Statistics:
Local population: 14.340
Australian born: 764%
Greatest age demographic: 20-39 years (47%)
Typical resident: Single (never married), of Catholic denomination, living in an apartment, employed as a business professional in rented accommodation.
Toowong has a vibrant and thriving commercial and shopping precinct, and also offers lively night life options, thanks to the ready supply of university students in the area and institutions like the extremely popular pubs, The Regatta on Coronation Drive and the Royal Exchange Hotel. It is a suburb that combines commercial and professional space with top quality residential areas, close to the Brisbane CBD. It has easy access to Brisbane's CBD and boutique shopping areas, such as Park Road in the neighbouring suburb of Milton.
Major works have recently been completed to improve the flow of traffic along Coronation Drive, and to add to the amenity of the river by better catering for pedestrians and cyclists along the river edge.
Toowong, QLD (Postcode: 4066)
Property Price Results for the last 12 months:
Houses:
Average Price $604,000
Median Price $510,000
Change: 1%
Apartments:
Average Price $355,000
Median Price $305,000
Change: 4%
Average prices are the sum of all the property sales results divided by the number of sales. The median price is the exact selling price of the middle most sales price when all the sales are ordered according to their value.
Statistics:
Local population: 14.340
Australian born: 764%
Greatest age demographic: 20-39 years (47%)
Typical resident: Single (never married), of Catholic denomination, living in an apartment, employed as a business professional in rented accommodation.
Toowong has a vibrant and thriving commercial and shopping precinct, and also offers lively night life options, thanks to the ready supply of university students in the area and institutions like the extremely popular pubs, The Regatta on Coronation Drive and the Royal Exchange Hotel. It is a suburb that combines commercial and professional space with top quality residential areas, close to the Brisbane CBD. It has easy access to Brisbane's CBD and boutique shopping areas, such as Park Road in the neighbouring suburb of Milton.
Major works have recently been completed to improve the flow of traffic along Coronation Drive, and to add to the amenity of the river by better catering for pedestrians and cyclists along the river edge.
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