OFF MARKET

162 Terrace Street
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 282m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 162 Terrace St, New Farm

162 Terrace St, New Farm is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 282m2.

Building Type
House
Land Size
282m2
Local Government
Brisbane
Lot/Plan
22/SP298648

Last Listing description (June 2014)

602m2 of New Farm's finest has become available for the first time! The executors are saying good bye to the house that has looked after them for so long. A block with this size and amount of potential in Brisbane's premier suburb can't be overlooked. Unashamedly New Farm's best valued renovator cottage, this could be your opportunity to get what people work so hard for, a large parcel of New Farm to call their own. With frail bones and side vehicle access this is as much of a blank canvas as you can get.

Situated in the one of the trendiest spots in inner city Brisbane, this product oozes potential and possibility. Take advantage of renovated cottage sales and look at capitalizing by on-selling or live in the masterpiece that you create. Or split and renovate the front and build new out the back (STCA)!

It's no secret that this house needs plenty of work, but if you are looking to get into the New Farm house market, this is a must inspect. Situated meters from the ever growing James Street precinct and New Farm's best cafes and true walking distance to the CBD, convenience is off the essence of this home.

To re-iterate the instructions are clear, this will be selling at price the market determines. Opportunities like this are seldom found. This New Farm Gem presents an exciting opportunity to live in now and capitalise over the coming years, so don't overlook this opportunity for a great buy.

Make no mistake; either way, this will be bought and transformed into something truly spectacular. This house is perfect for those with an exceptional vision for the bigger picture. Don't miss out on this quality New Farm house, just a heartbeat away from the CBD, and within walking distance to all the restaurants and amenities that New Farm has to offer.

Property History for 162 Terrace St, New Farm, QLD 4005

A timeline of how this property has performed in the market
  • 16 Apr 2014
    Listed for Sale AUCTION

Commute Calculator

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 7,824 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 43 properties listed for sale, and 31 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 343 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

Market Insights
New Farm Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
New Farm Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.