OFF MARKET

10/31 Browne Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 48m2
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Property Details for 10/31 Browne St, New Farm

10/31 Browne St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1987
Floor Size
48m2
Land Size
48m2
Local Government
Brisbane
Lot/Plan
10/BUP8052

Last Listing description (July 2023)

If you're looking for a great investment opportunity or the perfect first home, this freshly renovated 1 bedroom unit is it!

Located in New Farm with all the amenities you could want or need, this property is ideal for owner occupiers and first home buyers alike.

Your new home enjoys all Inner-City Living pleasures, whilst located in a tranquil and quiet location.

You can enjoy cashflow positive returns right away as the unit has been used as a short-term rental over the past few years - so it's well maintained and professionally cleaned on a weekly basis.

Apartment Features
- Open plan living
- Large built in wardrobe
- Private balcony
- Internal laundry
- Ample internal storage

Location
- James Street Precinct 650m
- Bus stop 350m
- New Farm Park 750m
- The Powerhouse Museum 1.3km
- Howard Smith Wharves 1.9km
- Fortitude Valley Train Station 1.8km
- Brisbane Central State School 2.9km
- Brisbane CBD 3km
- Royal Brisbane and Women's Hospital 3.3km
- Walking distance to Brunswick Street Ferry Stop, Bus Stop and the local Coles at Merthyr Village

Don't miss out on this incredible opportunity to make your dream of home ownership come true!

For more information contact Jon Mordue on 0412554018 or jon@projectpropertysales.com.au

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Property History for 10/31 Browne St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$386,000
14 Jun 2023
Listed for Rent
$320/w
28 May 2019
  • 14 Jun 2023
    Sold for $386,000
  • 20 Apr 2023
    Listed for Sale Offers over $385,000
  • 03 Sep 2019
    Sold for $279,000
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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 7,829 properties. Over the last 5 years, Houses in New Farm have seen a 84.90% increase in median value, while Units have seen a 69.17% increase. As at 31 October 2024:

  • The median value for Houses in New Farm is $2,850,184 while the median value for Units is $1,018,069.
  • Houses have a median rent of $725 while Units have a median rent of $625.
There are currently 38 properties listed for sale, and 35 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 348 properties were sold in the past 12 months in New farm.

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