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Sold on 23 Feb 2024 for $335,000

16/10 Bailey Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
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Property Details for 16/10 Bailey St, New Farm

16/10 Bailey St, New Farm is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Apartment sold in New Farm in the last 12 months.

Building Type
Apartment
Floor Size
43m2
Local Government
Brisbane
Lot/Plan
16/BUP104764

Last Listing description (February 2024)

Just minutes from the fashionable James Street and Howard Smith Wharves precincts, this one-bedroom apartment will capture the attention of entry-level buyers and investors alike. Also ideal for professionals and those seeking a New Farm address, this excellent property is one of just 24 residences within a conveniently-located complex.

Featuring carpeted and tiled floors, the apartment encompasses a sizeable living area. An adjoining kitchen boasts a tiled splashback and ample cupboard storage. Ensuring residents have plentiful dining options, a plethora of acclaimed restaurants and cafes are essentially right on your doorstep.

There is also a bedroom with a murphy bed, as well as a main bathroom and a separate internal laundry. Other notable details include split-system air-conditioning in the living room, plus use of the complex's gym and sauna. A shared coin-operated laundry is on the complex's ground level.

Streets away from New Farm Park's beautiful gardens and ferry terminal, this superb apartment is near city-bound bus stops and scenic riverwalks. The Fortitude Valley train station and Brisbane's CBD are a stone's throw away. QUT's Kelvin Grove and Gardens Point campuses are easily accessible from this address, as are UQ's Saint Lucia and TAFE Queensland's South Bank campuses. Do not delay – call to arrange an inspection today.

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

Property History for 16/10 Bailey St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$335,000
23 Feb 2024
Listed for Rent
$365/w
31 Jan 2023
  • 23 Feb 2024
    Sold for $335,000
  • 05 Feb 2024
    Listed for Sale For Sale
  • 11 Jan 2023
    Listed for Rent - Price not available
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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 7,821 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 41 properties listed for sale, and 30 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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Michael Kafantaris
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Flyn Park
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Place 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.