1/500 Milton Road, Toowong, QLD 4066 | Property Value & History | OnTheHouse
FOR SALE

1/500 Milton Road
Toowong QLD 4066

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 1/500 Milton Rd, Toowong

1/500 Milton Rd, Toowong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975.This Property is currently listed for sale with PLUM PROPERTY PTY LTD

Building Type
Unit
Year Built
1975
Local Government
Brisbane
Lot/Plan
1/SP157991

Last Listing description (September 2026)

Prime Toowong Opportunity First Floor Apartment with Private Courtyard

Quick Details
Rates: $611/qtr

Body Corporate: $2,630/annum
Sinking Fund Balance: $45,053
Age: 1975 (strata titled in 2003)
Number in Building: 6
Investment Information: $575/week until 30/10/2026

**Please note there is no visitors parking. To inspect, please park on a side street, such as Cadell Street and allow time to walk**

Positioned on the first floor, this two bedroom apartment presents an outstanding opportunity to secure a home in one of Brisbane's most sought after suburbs. Offering a practical layout, a private courtyard and the convenience of a secure garage, it provides comfortable living with plenty of potential to make it your own. Whether you are entering the property market, expanding your investment portfolio or looking for a well located home close to every amenity, this apartment is well worth your inspection.

First floor apartment with a practical floor plan
Two generous bedrooms with good natural light
Private courtyard offering extra outdoor space for relaxing or entertaining
Secure garage with additional storage potential
Excellent opportunity to move straight in or add value over time

Tenanted until 30 October 2026 at $575/week

Located in the heart of Toowong, this apartment enjoys exceptional convenience with shops, cafes, restaurants and public transport all within easy reach. Toowong Village, train services, bus connections and the Brisbane River are only moments away, making commuting to the CBD, University of Queensland and surrounding suburbs simple. Nearby parks, walking paths and local amenities further enhance the lifestyle on offer, making this an address that continues to attract strong buyer demand.

This apartment will appeal to a wide range of buyers looking to secure a quality property in a premium location. First home buyers will appreciate the chance to enter the market in a suburb known for its long term growth and outstanding convenience. Parents purchasing for children attending the University of Queensland will recognise the value of the central location, while investors will be attracted by the consistent rental demand and enduring appeal of Toowong.

Properties that combine location, outdoor space and outstanding convenience are always in strong demand. This apartment offers an excellent opportunity to secure a quality home with broad appeal in one of Brisbane's most desirable suburbs.

Property History for 1/500 Milton Rd, Toowong, QLD 4066

A timeline of how this property has performed in the market
  • 25 Aug 2026
    Sold for $636,000
  • 27 Jul 2026
    Listed for Sale Sold
  • 20 Aug 2025
    Listed for Rent $575 per week
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About Toowong 4066

The size of Toowong is approximately 4.2 square kilometres. There are 18 parks, covering nearly 10.4% of the total area. The population of Toowong in 2016 was 10830 people. By 2021 the population was 12556 showing a population growth of 15.9% in the area during that time. The predominant age group in Toowong is 20-29 years. Households in Toowong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Toowong work in a professional occupation.In 2021, 43.30% of the homes in Toowong were owner-occupied compared with 44.40% in 2016.

Toowong has 7,885 properties. Over the last 5 years, Houses in Toowong have seen a 51.44% increase in median value, while Units have seen a 98.66% increase. As at 31 August 2026:

  • The median value for Houses in Toowong is $1,912,791 while the median value for Units is $946,775.
  • Houses have a median rent of $850 while Units have a median rent of $700.
There are currently 42 properties listed for sale, and 21 properties listed for rent in Toowong on OnTheHouse. According to Cotality's data, 356 properties were sold in the past 12 months in Toowong.

Suburb Insights for Toowong 4066

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.