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11 Warrawee Street increases 118% in value, in just 11 years!

11 Warrawee Street increases 118% in value, in just 11 years!

They say locals know best and that is certainly true for the owners of Warrawee Street, Toowong, who continue to trust O’Neill Estate Agents to sell their home.

Warrawee Street is a quiet little street nestled into the heart of West Toowong. With Nowhere Espresso just around the corner, Queensland Academy for Science, Mathematics and Technology, and Brisbane Boys’ College, just a short walk away, the street is a hidden gem.

11 Warrawee St Facade
11 Warrawee Street, Toowong: 3 bed, 1 bath, 1 car

The street has become very familiar to the O’Neill Estate Agents team over the years, with Byrony selling seven houses on the street; 11 Warrawee Street being her most recent sale! It is the second time Byrony has had the privilege of selling this property.

Previously sold by Byrony in 2010 for $672,000, 11 Warrawee Street had been renovated since, before recently going under the hammer. The refurbished home drew in the masses with 116 groups inspecting the property!

21 bidders registered on the day, and in the end, it was between two very competitive bidders. The fast-paced auction was a success and the home sold for $1,465,000 – a massive 118% increase in value, in just 11 years!

The sellers were delighted by the results and commended Byrony’s market strategy.

“We bought our house from Byrony 10 years ago and knew how hard Byrony worked for her clients.

When we engaged Byrony to sell our house again Byrony worked really hard for us, negotiating with our tenants, making arrangements for repairs and building and pest inspections; together with holding many open homes to generate maximum interest in our home.

Byrony’s advice on our selling approach was spot on for the market and the sale exceeded all our expectations. We wouldn’t hesitate to recommend Byrony.”

Kitchen renovation before and after
11 Warrawee Street, Toowong: Before (2010) and Ater (2021)

The 118% appreciation is a reflection of the current market, combined with a desirable renovation and strategic real estate sales campaign.

Since 2010, the average price of houses in Toowong has increased 47% – increasing from a median of $879,454 to $1,293,500. This massive growth is expected to continue in 2022.

When it comes to selling your home in inner-west Brisbane it pays to have a local expert in your corner.

With almost 20 years of experience selling in Brisbane’s inner-western suburbs, our knowledge of the area is ingrained into us. Contact us today to find out how our innovative strategies can achieve a premium result for you.

 

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    Byrony O'Neill

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