Milton / Toowong (established, ~A$360/sqm/yr · ≈ $21.7 PSF/yr USD) is one of 5 Brisbane Class A submarkets we track.

  • Milton / Toowong sits at established tier.
  • Average rent A$360/sqm/yr · ≈ $21.7 PSF/yr USD vs city average 720.
  • Compared submarkets: CBD / Golden Triangle (trophy), Eagle Street Pier / Riverside (trophy), Fortitude Valley (prime).

Milton / Toowong vs other Brisbane submarkets

Milton / Toowong (established, ~A$360/sqm/yr · ≈ $21.7 PSF/yr USD) is one of 5 Brisbane Class A submarkets we track.

TL;DR

  • Milton / Toowong sits at established tier.
  • Average rent A$360/sqm/yr · ≈ $21.7 PSF/yr USD vs city average 720.
  • Compared submarkets: CBD / Golden Triangle (trophy), Eagle Street Pier / Riverside (trophy), Fortitude Valley (prime).

Side-by-side with peers

**CBD / Golden Triangle** (trophy, A$540/sqm/yr · ≈ $32.6 PSF/yr USD) — The principal trophy core. **Eagle Street Pier / Riverside** (trophy, A$540/sqm/yr · ≈ $32.6 PSF/yr USD) — Premium riverfront trophy. **Fortitude Valley** (prime, A$432/sqm/yr · ≈ $26.1 PSF/yr USD) — Repositioned creative-class submarket. **South Bank** (prime, A$480/sqm/yr · ≈ $29 PSF/yr USD) — Cultural precinct mixed-use Class A.

Key facts

cityBrisbane
submarketMilton / Toowong
tierestablished
averageRentLocalA$360/sqm/yr · ≈ $21.7 PSF/yr USD
cityClassARentUsd$43/sqft/yr
cityVacancyPct11.6%

Frequently asked questions

What other submarkets compete with Milton / Toowong in Brisbane?
CBD / Golden Triangle, Eagle Street Pier / Riverside, Fortitude Valley

Related

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

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