OFF MARKET

19/75 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 91m2
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Property Details for 19/75 Welsby St, New Farm

19/75 Welsby St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 91m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1998
Floor Size
77m2
Land Size
91m2
Local Government
Brisbane
Lot/Plan
19/SP107655

Last Listing description (December 2021)

Enjoy a delightfully sunny aspect from this fully renovated apartment in the heritage-listed, converted warehouse at the 'Powerhouse Apartment' complex. Facing outwards to the tree-lined street this two-storey apartment is located in the highly sought-after New Farm Park precinct.

Freshly painted and full of character with timber floorboards, a new kitchen, and 2.5 bathrooms with quality fixtures and fittings. Plantation shutters in the master bedroom leads to your own balcony and there are brand new plantation shutters in the lounge on the large heritage windows.

- Two storey with good separation and privacy

- Two bathrooms plus powder room downstairs
- Both bedrooms ensuited and light-filled, with built in robes
- Master bedroom with balcony to tree-lined Lamington St
- Granite benchtops, Westinghouse dishwasher, Bosch cooktop
- Ducted reverse cycle air conditioning and fans
- Secure carpark
- Separate laundry
- Excellent visitor parking, pool, and gym in the complex
- Rental appraisal $550 approximately per week
- BCC Council rates $430.40 per quarter
- Body Corporate fees $4,409.46
- Sinking fund $333,362.82

Enjoy the best of New Farm from this location including the convenience of Bitter Suite Bar, cafes, and boutique shops downstairs. New Farm Park is just a few hundred meters away, and you're one block back from the river. Close to the New Farm Park Citycat, excellent access to public transport, the off-leash dog park, Powerhouse, and just a 4-minute walk to Merthyr Village.

Start living your best life today and call Beth for more information.

Property History for 19/75 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$640,000
23 Nov 2021
Listed for Rent
$515/w
25 Mar 2021
  • 23 Nov 2021
    Sold for $640,000
  • 21 Oct 2021
    Listed for Sale Under Contract
  • 23 Feb 2021
    Listed for Rent $515 / 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.