OFF MARKET

8/40 Gilbey Lane
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 96m2
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Property Details for 8/40 Gilbey Lane, New Farm

8/40 Gilbey Lane, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 96m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in September 2013.

Building Type
Unit
Year Built
2014
Floor Size
79m2
Land Size
96m2
Local Government
Brisbane
Lot/Plan
8/SP245509

Last Listing description (July 2024)

This architect designed 2 bedroom 2 bathroom unit has amazing views of the City skyline is sure to impress.

Located in a quiet Gilbey Lane and on the second floor, the unit features a large balcony that is perfect for entertaining.

With a large master bedroom including built in robes, air conditioning, block out roller blinds and stunning en-suite with shower.

The combined living and dining is crisp white tiled and the gourmet kitchen features Hafelle appliances, gas cooktop, dishwasher and modern styled cupboards and stone bench tops.

Other impressive features include:
- Storage and laundry hidden behind louvered sliding doors on balcony
- Secure entry with voice and video intercom
- Air-conditioned master and living / dining
- Secure car park for one car

Situated in an unbeatable location, with the Little Larder just a moment's walk away and many dozens of cafes and restaurants within walking distance and just a 20 minutes walk to the Brisbane City.

Property History for 8/40 Gilbey Lane, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$626,000
26 Sep 2013
Listed for Rent
$800/w
09 Jul 2024
  • 16 May 2024
    Listed for Rent $800 / week
  • 17 Oct 2022
    Listed for Rent $750 / week
  • 06 Apr 2022
    Listed for Rent $630 / week
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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 7,915 properties. Over the last 5 years, Houses in New Farm have seen a 84.06% increase in median value, while Units have seen a 64.44% increase. As at 31 August 2024:

  • The median value for Houses in New Farm is $2,787,119 while the median value for Units is $999,075.
  • Houses have a median rent of $795 while Units have a median rent of $600.
There are currently 45 properties listed for sale, and 51 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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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.