OFF MARKET

11/56 Moreton Street
New Farm QLD 4005

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Land area: 31m2
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Property Details for 11/56 Moreton St, New Farm

11/56 Moreton St, New Farm is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 31m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1910
Land Size
31m2
Local Government
Brisbane
Lot/Plan
11/SP277734

Last Listing description (October 2022)

Located in a quiet leafy street, the studio apartment is just a short walk to Merthyr Village Shopping Precinct, New Farm Park, the Powerhouse Museum and the James St hub.

The style of the property is sure to appeal to astute investors, parents who want to have their student children in a safe and stable environment, down-sizers wanting a quiet, city location, or those who want a weekday or weekend pad in one of Brisbane's most sought after suburbs!

Or even better, the current owner is happy to rent it back from you!

Competitively priced, this unit is now available for immediate sale and is definitely worth your consideration.

New Farm is one of the blue chip suburbs in Brisbane's inner city sphere and will always be an attractive option when it comes to resale.

Think of the property as a terrific earner, a great nest egg, or a place to call home.
The unit features a separate bathroom, as well as an open plan sleeping, sitting and kitchen area.

It features a large lockable storeroom with built in shelving, a gorgeous outdoor courtyard for your exclusive use, and an exclusive use carpark.

Property History for 11/56 Moreton St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$270,000
23 Sep 2022
Listed for Rent
$265/w
27 Jun 2019
  • 23 Sep 2022
    Sold for $270,000
  • 29 Aug 2022
    Listed for Sale $285,000
  • 10 Mar 2020
    Listed for Sale $245,000
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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 7,919 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 31 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in New farm.

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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.