FOR SALE
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549 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 513m2
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Build something special - Reap the Rewards in Coveted New Farm

Representing outstanding opportunity within a coveted pocket of inner-city New Farm, this original residence is the perfect candidate for a renovation with an approved DA ready to go!
Positioned upon an established 513sqm allotment, and within walking distance of New Farm Park, Merthyr Village and the Brisbane Powerhouse, residents will enjoy a lifestyle of unparalleled convenience. The existing home offers open plan living, a generous kitchen, entertainer's deck, two bedrooms and one bathroom on the upper level.
The property includes a large laundry/utility room, single carport and additional off-street parking. Set on an established block with leafy gardens and an outdoor shed.
Easy walking distance from New Farm Park, New Farm Bowls Club and Brisbane Powerhouse Minutes from Merthyr Village, New Farm Cinema and New Farm Library Moment from James Street, Howard Smith Wharves and Gasworks Plaza Ferry access to West End, Southbank, Bulimba and Hamilton. Less than 3kms from Brisbane CBD, with transport options including bus and rail.
· Outstanding opportunity in coveted New Farm
· Limitless potential - Renovate (DA Approved)
· Flat and useable 513sqm allotment with outdoor shed
· Ultra-spacious floorplan, designed for dual occupancy
· Open plan living and meals spaces, plus light-filled sunroom
To enquire about this property or arrange an inspection, contact Natalie Rasmussen on 0402 042 972 or Nicholas Given on 0439 193 920.

Property Details for 549 Lower Bowen Tce, New Farm

549 Lower Bowen Tce, New Farm is a 2 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 513m2. The place is currently for sale with Ray White Clayfield.

Building Type
House
Land Size
513m2

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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 7,919 properties. Over the last 5 years, Houses in New Farm have seen a 81.92% increase in median value, while Units have seen a 65.24% increase. As at 30 November 2024:

  • The median value for Houses in New Farm is $2,890,467 while the median value for Units is $1,023,654.
  • Houses have a median rent of $720 while Units have a median rent of $630.
There are currently 32 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 337 properties were sold in the past 12 months in New farm.

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Natalie Rasmussen
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Nicholas Given
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Ray White Clayfield
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