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Sold on 11 Jul 2024 for $900,000

5/124 Sydney Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 128m2
Land area: 128m2
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Property Details for 5/124 Sydney St, New Farm

5/124 Sydney St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 128m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Floor Size
128m2
Land Size
128m2
Local Government
Brisbane
Lot/Plan
5/SP138564

Last Listing description (July 2024)

Perched privately amongst the treetops, this large park-facing apartment boasts a lifestyle location.

Footsteps from sprawling parklands and the magnificent riverfront, the secure complex offers an endless choice of relaxed cafes, renowned restaurants, shopping precincts, and recreational amenities just beyond the front door.


Occupying a Level 2 position at the front of the building, Unit 5 features an oversized internal floorplan, a huge alfresco entertaining balcony, plus a unique semi-enclosed entry courtyard with multiple uses. Securely store your bikes or E-scooter, enjoy the convenience of a separate covered clothes drying space, or even design another cosy outdoor sitting area.

Beautiful natural light, fresh river breezes, and lush outlooks create a tranquil, welcoming home environment. Finished with smart timber-style floors and Venetian blinds, the open-plan living zone encompasses a spotless kitchen with quality appliances including a stainless steel dishwasher. Floor-to-ceiling glass doors connect both this communal space and the main bedroom with the secluded front entertaining balcony.

Two spacious carpeted bedrooms with mirrored built-in robes enjoy access to their own modern bathroom. The master ensuite boasts a large walk-in shower, while the central bathroom features a bathtub and integrated laundry facilities.

Additional property highlights include secure intercom entry, reverse cycle air-conditioning, plenty of storage, and a remote basement car space. Offering the insulation benefits of solid brick construction, the well-maintained building also features excellent onsite visitor parking.

Grab your morning coffee or a leisurely weekend breakfast from one of the great venues around the corner. Walk in less than 5 minutes to the Coles supermarket, specialty stores, and restaurants at Merthyr Village. Enjoy waterfront picnics, or an afternoon with friends at the popular New Farm Bowls Club. All are just metres away.

Stroll or cycle along the scenic New Farm and Brisbane Riverwalks, offering swift access to weekend markets, Teneriffe, Howard Smith Wharves and the CBD. And enjoy incredible proximity to Brisbane's finest lifestyle and entertainment precincts including the Powerhouse, Brunswick Street or James Street, Fortitude Valley and Southbank. And for complete convenience, you can walk in moments to bus or City Cat transport, top local schools, and the New Farm Library.

Property History for 5/124 Sydney St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$900,000
11 Jul 2024
Listed for Rent
$750/w
20 Aug 2024
  • 18 Jul 2024
    Listed for Rent $750 / week
  • 10 Jul 2024
    Sold for $900,000
  • 02 Jul 2024
    Listed for Sale FOR SALE
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About New Farm 4005

The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of New Farm in 2011 was 11,330 people. By 2016 the population was 12,536 showing a population growth of 10.6% in the area during that time. The predominant age group in New Farm is 20-29 years. Households in New Farm are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in New Farm work in a professional occupation. In 2011, 40.5% of the homes in New Farm were owner-occupied compared with 39.7% in 2016.

New Farm has 7,918 properties. Over the last 5 years, Houses in New Farm have seen a 86.13% increase in median value, while Units have seen a 62.05% increase. As at 31 July 2024:

  • The median value for Houses in New Farm is $2,716,354 while the median value for Units is $984,042.
  • Houses have a median rent of $775 while Units have a median rent of $600.
There are currently 41 properties listed for sale, and 52 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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Caroline Foster
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.