15/12 Bailey StreetNew Farm QLD 4005
Property Details for 15/12 Bailey St, New Farm
15/12 Bailey St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 49m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (April 2024)
Situated moments from the vibrant lifestyle offerings within the New Farm, Merthyr Village and James Street precincts, this quality one bedroom apartment provides a private position on the top floor within boutique Venice Apartments - A secure complex in a quiet, leafy residential street.
This well maintained one bedroom apartment is in great condition and will appeal to the first home buyer or astute investor looking for a steady return and capital growth.
Property features:-
- 1 Bedroom - Features 2 sets of windows ensuring excellent natural light and cross breezes
- 1 Spacious bathroom
- 1 Car space
- Currently renting at $470.00 per week until the 5th of October 2023
- Rental potential $560 per week as a furnished property
- Well designed open plan living areas feature polished timber floors and high ceilings throughout
- Modern kitchen offers gas cooking, light timber cabinetry and plenty of cupboard and bench space
- Separate air conditioned lounge and dining area adjacent to the kitchen
- Intercom security
This property is an exceptionally convenient location with everything you need in a close proximity. This property won't last long, register your interest today!
For information regarding the Brisbane Inner City property market please go to raywhiteinnerbrisbaneapts.com.au/news
Please advise the agent in writing before placing an offer if you require Foreign Investment Review Board approval (FIRB). Please visit - https://firb.gov.au/ for further details.
DISCLAIMER: Whilst every effort has been made to ensure the accuracy of information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries and searches with all relevant authorities.
Property History for 15/12 Bailey St, New Farm, QLD 4005
- 31 Aug 2023Sold for $415,000
- 10 Aug 2023Listed for Sale Offers Over $390,000
- 08 Sep 2020Listed for Rent - Price not available
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0About 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 7,920 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.
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