OFF MARKET

16/383 Bowen Terrace
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 86m2
Land area: 112m2
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Property Details for 16/383 Bowen Tce, New Farm

16/383 Bowen Tce, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 112m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
1982
Floor Size
86m2
Land Size
112m2
Local Government
Brisbane
Lot/Plan
16/BUP5179

Last Listing description (January 2023)

Look no further for an exciting project in 2023; This bright, spacious and private top floor apartment is a dream come true, offering an outstanding opportunity to renovate and create your own home in New Farm.
The apartment has great bones with large rooms and the benefit of an easy, flowing floor plan blending living and dining; this versatile layout concludes by an outdoor balcony capturing Northeast breezes and elevated views over New Farm and beyond.

Set off from the dining area, the kitchen is practical with lots of cabinetry, bench space and a wall oven.

Enjoying nearby river breezes, city views and natural light, the two extra-large bedrooms have built-in robes.
Both bedrooms are serviced by a generous, central bathroom with shower over bath and space for laundry.
Enjoy a relaxed, pedestrian lifestyle in New Farm, one of the most sought-after Brisbane Inner-City locations.
Short stroll to cafes and restaurants, CBD, Riverwalk, Parks and cinemas; Nearby transport includes City Cat Ferry and bus stop; A short walk along the river leads you to the ever-popular Howard Smith Wharves.
You will also be only minutes to the CBD, ensuring the very best of Brisbane is at your fingertips.

Featuring
- Large bedrooms with built-in wardrobes
- lock-up garage
- Secure building with Intercom and lift access
- Lock up garage for one car and storage
- Boutique complex of 16 apartments with landscaped gardens, set back from the street
- Wilanga is New Farm classic, well-maintained, solid brick building on a large block of land

Please contact Claudia for more information and inspections

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Property History for 16/383 Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$675,000
03 Dec 2022
  • 03 Dec 2022
    Sold for $675,000
  • 29 Nov 2022
    Listed for Sale Price by Negotiation
  • 12 Feb 1986
    Sold for $54,000

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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 7,823 properties. Over the last 5 years, Houses in New Farm have seen a 91.67% increase in median value, while Units have seen a 66.09% increase. As at 30 September 2024:

  • The median value for Houses in New Farm is $2,839,798 while the median value for Units is $1,010,013.
  • Houses have a median rent of $748 while Units have a median rent of $620.
There are currently 36 properties listed for sale, and 33 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 335 properties were sold in the past 12 months in New farm.

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