OFF MARKET

18/417 Bowen Terrace
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 49m2
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Property Details for 18/417 Bowen Tce, New Farm

18/417 Bowen Tce, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. 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 March 2022.

Building Type
Unit
Year Built
1967
Floor Size
49m2
Land Size
49m2
Local Government
Brisbane
Lot/Plan
18/BUP131

Last Listing description (April 2022)

You cannot pass vibrant, cosmopolitan New Farm for the most desirable lifestyle in our city; from walking to beautiful parklands, groovy cafes and world class restaurants, this prised riverside location is the pride of Brisbane.

Finding an entry level apartment in this fantastic location, with potential to renovate is both exciting and rewarding - A must have for the investor or first-time purchaser.

One of only 20, positioned on the first floor of a solid brick complex this easy to maintain home has an open plan design flowing onto a private balcony with fresh breezes all year round.

Large bay windows brings an abundance of natural light, setting the tone for an everlasting appeal easily adaptable to your own style.

A good size bedroom comes with built-ins, an en-suite, and a little deck at the rear, great for cross ventilation and natural light.

For the savvy investor, this unit represents brilliant buying in Brisbane's Blue-Chip suburb of New Farm, central to absolutely all the city has to offer. The rental expectation here with the addition of an air conditioning unit is $350/week, a great yield to get into the market.

The convenience of this location, a short stroll from Merthyr Village and Howard Smith Wharves, New Farm Park and James Street precinct, is second to none and the CBD is an enjoyable 15 minute stroll on the Riverwalk

Please contact Jacob for more information on 0419 507 522 to secure this gem today!

Property History for 18/417 Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$370,000
22 Mar 2022
Listed for Rent
$315/w
25 Jan 2021
  • 22 Mar 2022
    Sold for $370,000
  • 07 Dec 2021
    Listed for Sale Presenting ALL Offers!
  • 14 Oct 2020
    Listed for Rent $315 / week
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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 25 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.

Suburb Insights for New Farm 4005

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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.