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QLD › Toowong › Coronation Dr

21301/600 Coronation Dr, Toowong QLD 4066

For saleApartment

$1,775,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

113 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,775,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,775,000(Listing record · 25 June 2026)
  • FactLand 113 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% below the Toowong median recorded sale ($1,910,000, n=26, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Toowong's advertised median rent ($735/wk), implied gross yield would be 2.15% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,775,000

Asking · $15,708/m² of land

No recorded sale for this property.

Toowong at a glance

14,372

People

$1,910,000

Median sale

$735/wk

Median rent

2.00%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Toowong report →

Vs Toowong

-7.1%

Median sale

Suburb $1,910,000

+0.15 pp

Gross yield

Suburb 2.00%

Suburb median $1,910,000 from 26 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$1,775,000
Stamp Duty (Queensland)
$82,588
Transfer/Registration Fee
$7,698
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,868,986

$93,986 on top of the price (5.3% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Toowong's advertised median rent — not a rent for this listing.

Net yield
0.65%
Annual cashflow (pre-tax)
$-80,705
Interest cover (DSCR)
0.13
Annual rent
$38,220
Operating expenses
$26,625
Loan amount
$1,420,000
Annual interest
$92,300
Gross yield
2.15%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$1,775,000available25 June 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $735/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Toowong in one glance

Toowong at a glance

14,372

People

$1,910,000

Median sale

$735/wk

Median rent

2.00%

Suburb gross yield

Median sale from 26 recorded sales (last 12 months) — a Districts calculation.

See the full Toowong report →

Keep researching

  • Why Toowong? Read the area thesis →
  • What else is on the market in Toowong →
  • Other records on Coronation Dr →

Listing material

Listed by Century 21 Josie Smith and Co

Resort-Style Riverfront Lifestyle

This exceptional elevated apartment in River 2 at Monarch Residences captures breathtaking river views stretching across to Orleigh Park West End and around the sweeping bend of the Brisbane River towards St Lucia. Bathed in natural light, the intelligently designed floorplan maximises both the spectacular outlook and seamless indoor-outdoor living, with the living area, gourmet kitchen and both bedrooms all enjoying the stunning river aspect. Combining sophisticated design with premium finishes and generous proportions, this is an opportunity to experience luxury riverside living without compromise.

A collaboration between acclaimed architects Wardle and Cottee Parker, expertly constructed by Hutchinson Builders and delivered by Consolidated Properties Group, Monarch Residences sets a new benchmark for contemporary luxury. Set across 1.2 hectares of beautifully landscaped grounds with an impressive 130 metres of absolute river frontage, the development offers a private sanctuary just moments from Brisbane's vibrant CBD.

Monarch Residences won Development of the Year – High-Density Residential at The Urban Developer Awards for Industry Excellence 2026, impressing judges with its outstanding architecture, generous public realm, activated riverfront and strong commercial performance, successfully delivering an owner-occupier-focused development with enduring community value.

Read the full description

Apartment Features:

- Ducted air conditioning and ceiling fans throughout for year-round comfort

- Designer kitchen appointed with integrated refrigerator and freezer, integrated dishwasher, premium appliances and quality finishes

- Spacious 14m² entertainer's balcony with direct access from both the living area and second bedroom, perfectly positioned to capture the river views

- Luxurious primary suite featuring floor-to-ceiling windows, a walk-through robe complemented by additional built-in storage, and a beautifully appointed ensuite

- Generously proportioned second bedroom with floor-to-ceiling windows, river views and direct balcony access

- Elegant main bathroom complete with a dual shower featuring both rainfall and hand-held shower heads

- Separate full sized laundry with extensive linen storage

- Two side by side car spaces

- 01 floorplan: 113m2 = 99m2 internal + 14m2 balcony

- Onsite managers Rental Appraisal $1250-$1350 per week

Building Features:

- Spectacular rooftop infinity pool, spa, private cabanas and sun lounges overlooking the Brisbane River and city skyline

- Manicured gardens feature throughout, including a grassed area, multiple relaxation spaces and a fire pit zone with drinks fridge and preparation area

- Rooftop BBQ facilities, perfect for entertaining friends while enjoying the stunning views

- Two additional indoor lifestyle areas with a contemporary dining room with full kitchen plus casual leisure lounge with sofas, kitchenette, large screen TV and fireplace

- State of the art massive Gym, dedicated Pilates & Yoga studio, plus Sauna

- Restored heritage residence within the precinct, Middenbury House c.1865

- Secure building access with an expansive foyer and meeting area, onsite management, mailroom & parcel lockers

- 34 visitor parking spaces, including several EV charging bays

Location Features:

Offering an enviable lifestyle less than 4km from Brisbane's CBD, Monarch Residences is perfectly positioned opposite Toowong Village and enjoys direct access to the Bicentennial Bikeway. Bus, train and CityCat services are all within an easy stroll, providing effortless connectivity across Brisbane. The University of Queensland, leading schools, dining precincts and parklands are all close by, making this one of Brisbane's most desirable lifestyle destinations.

- Brisbane CBD: 3.8km

- Suncorp Stadium: 2.8km

- The University of Queensland: 2.2km

- St Lucia Gold Links 2.3km

- Brisbane Botanical Gardens: 2.9km

Whether you're seeking an exceptional home or a premium lifestyle opportunity, this remarkable residence delivers both in equal measure.

Contact Rebecca today to arrange your private inspection and experience the unrivalled lifestyle that awaits at Monarch Residences.

Inspection Access: Entry via the Coronation Drive lobby. Visitor parking available under the building, driveway at 600 Coronation Drive

DISCLAIMER: Miljose Pty Ltd t/a Century 21 Josie Smith and Co has taken all reasonable steps to ensure that the information contained in this advertisement is true and correct but accepts no responsibility and disclaims all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. All distances, measurements, and timeframes contained within this advertisement are approximate only. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Listing description written by Rebecca Herbst, Century 21 Josie Smith and Co — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ensuites: 1
  • Gym
  • Indoor Spa
  • Intercom
  • Outdoor Entertaining
  • In-Ground Pool

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.