OFF MARKET

12/124 Sydney Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 83m2
Land area: 168m2
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Property Details for 12/124 Sydney St, New Farm

12/124 Sydney St, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 168m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2000
Floor Size
83m2
Land Size
168m2
Local Government
Brisbane
Lot/Plan
12/SP138564

Last Listing description (December 2022)

Boasting one of New Farm's most sought-after locations, this exceptional property offers a low-maintenance lifestyle and proximity to a true Brisbane icon. Only metres from New Farm Park's popular riverwalks, ferry terminal and rose gardens, this incredible residence with promising rental potential is also close to Brisbane's CBD and Fortitude Valley's attractions.

Set amongst beautiful greenery, the apartment feels wonderfully bright and airy. Presented with plush carpeted and tiled floors, top floor walk-up also showcases plenty of glass and a fresh white colour palette that will suit a variety of dcor styles.

Upon entry, you will find a covered north-eastern-facing balcony that lends itself to leisurely al fresco meals and sunset drinks. There is also a spacious open-plan living and dining area inside, as well as a stylish kitchen displaying stone benchtops, quality appliances and ample cupboard storage.

Another brilliant setting for relaxing and hosting guests, an adjoining south-west-facing balcony encourages indoor-outdoor living.

Completing the residence, an ensuited master bedroom is accompanied by a sizeable second bedroom; both are fitted with built-in robes. An impeccable main bathroom encompasses laundry facilities and a shower over a bath.

Benefitting from rare secure parking for two cars and fantastic storage, the apartment also includes split-system air-conditioning and ceiling fans. A functional loft accessible via an attic ladder creates additional storage or space for a potential study.

A stone's throw from The Brisbane Powerhouse and Merthyr Village Shopping Centre, this sensational property is also near the fashionable James Street, Howard Smith Wharves and Teneriffe precincts. You can also easily catch a CityCat from one of the many ferry terminals in the area to a plethora of exciting enclaves. Do not delay call to arrange an inspection today.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 12/124 Sydney St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$856,000
19 Jan 2022
Listed for Rent
$485/w
19 Dec 2012
  • 19 Jan 2022
    Sold for $856,000
  • 13 Jan 2022
    Listed for Sale For Sale
  • 15 Aug 2016
    Sold for $605,000
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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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