Back 38 Sussex Street
Off Market

38 Sussex Street

Toowong QLD 4066

3
2
4
642 m²
House
Jason AdcockJason Adcock, last sold this property on 29 March 2024 after -1 days on market.

Overview

Dream New Build Opportunity On An Elevated Landholding

Ripe for redevelopment, this post-war home situated within a quiet cul-de-sac bordering Mount Coot-tha Forest Park presents enormous potential, not the least of which is securing a foothold in the prestigious suburb of Toowong and capitalising on future growth. With a north-to-street aspect and a wide 16 metres of frontage, a favourable opportunity exists to demolish the current house, consult with an architect and engage a builder to construct a substantial multi-level family residence (STCA) that has proximity to elite schools, upmarket retail, Brisbane's CBD and the Legacy Way Tunnel. Remaining relatively untouched over the years and featuring decidedly retro styling, several living and bedroom areas and undercover parking for at least four vehicles, the perfectly liveable home allows for valuable rental income to be realised now while you are in the planning phase. The width of the frontage and the leafy residential locality will potentially accommodate a timeless, modern Queenslander with intricate details through to a more sleek, contemporary design. Sloping from front to rear, the large 642m2 fenced allotment has concreted side access, a level front garden, a protected, north-facing patio, a water tank and a grassy back yard. It is the elevation once inside, that will surprise, with the kitchen and light-filled dining and living spaces taking in breezy, district outlooks and treetop views. A family-friendly locale, the bushland reserve at the end of the street has popular walking trails leading to Anzac Park's dog park, a children's playground and recreation areas, and pathways that connect with the beautiful Brisbane Botanic Gardens. Indooroopilly Shopping Centre and Toowong Village are within easy reach. Situated less than 7km by road from the heart of Brisbane, 5km from the University of Queensland and less than 30 minutes from Brisbane's domestic and international terminals, this inner-west address delivers welcome, reduced commuter travel times and cross-city convenience. Within the catchment for both Indooroopilly's primary and high schools, and near Toowong's Brisbane Boys' College and Stuartholme School, this highly sought-after area is perfect for families with school-aged children.

Features

3 bedrooms
2 bathrooms
4 carspaces
4 garage spaces
642 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Toowong over the last 12 months, the estimated median property value of 38 Sussex Street is $1.55m.

Median value
$1.55m
Estimated value range
$900k - $2.05m
Median days on market
21
Estimated value trend
3%
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 38 Sussex Street

2025
Rented
Undisclosed
Leased on 29 May 2025 by Belle Property The Gap
2024
Rented
Undisclosed
Leased on 01 Dec 2024 by Belle Property The Gap
2024
Sold
Undisclosed
Sold Before Auction on 29 Mar 2024 by Jason Adcock, of Adcock Prestige

Happy sellers in Toowong

96%
96% 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 3 bedroom houses in Toowong

In the last 12 months, 24 three-bedroom houses similar to 38 Sussex Street, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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