Back 16/50 High Street
Off Market

16/50 High Street

Toowong QLD 4066

2
2
1
136 m²
Unit
Last sold for $900,000
Mervyn ChenMervyn Chen, last sold this property on 20 January 2026 after 18 days on market.

Overview

Income and Lifestyle Combined in Central Toowong

Welcome to 16/50 High Street Toowong, a rare dual key setup that offers flexibility, strong returns and a lifestyle that puts convenience first. Set in the heart of Toowong, this two bedroom, two bathroom, one car apartment gives you two separate units with their own entries. One side is ready for you to move straight in while the other is currently leased. Key features • Dual key layout with two separate self contained units - both with their own main door • One unit freshly updated and move in ready • Low maintenance living ideal for first home buyers, downsizers or investors • Short walk to Toowong Village, cafes, buses and the train station • Secure single car space with lift access * School catchments: Toowong Primary & Indooroopilly State High * Body corporate fees: approx. $1130 / quarter * Council rates: approx. $506 / quarter * Sinking fund balance: $122,168 * Rental appraisal on first unit: approx. $600 per week * Second unit rent: $450 per week till November 2026 * Total potential rent: $1050 per week * Number in complex: 20 * Complex built: 2004 This address puts lifestyle front and centre with Toowong Village directly across the road. Train station, bus stops, ferry route, local cafes and everyday services are all within a short walk. The position offers quick access to the CBD, the river paths and the University of Queensland. The property suits first home buyers who want a place with income support and low maintenance living. Downsizers who want to stay in the area will appreciate the convenient setting and easy access to transport. Investors will value the steady income and the popularity of the location. You are in the catchments for Toowong State School and Indooroopilly State High. Nearby schools include BBC, St Peters, Brigidine College, QASMT and UQ. This is an opportunity to secure a flexible dual key property in a central Toowong position with lifestyle and income potential in one.

Features

2 bedrooms
2 bathrooms
1 carspace
1 carport space
136 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Toowong over the last 12 months, the estimated median property value of 16/50 High Street is $835k.

Median value
$835k
Estimated value range
$565k - $1.43m
Median days on market
16
Estimated value trend
17%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Toowong. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16/50 High Street

2026
Sold
$900,000
20 Jan 2026 by Mervyn Chen, of Plum Property
2021
Sold
$475,000
08 Apr 2021

Happy sellers in Toowong

94%
94% of sellers in Toowong reported that their sale price either exceeded or met their price expectations.

Toowong stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 49 reviews in Toowong over the last 12 months.

Local market activity for 2 bedroom units in Toowong

In the last 12 months, 48 two-bedroom units similar to 16/50 High Street, have been sold.

This represents a 34% increase in two-bedroom units sales when compared to the previous 12 months.

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