SOLD
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Sold on 23 Mar 2024 for $880,000

2/3 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 150m2
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Property Details for 2/3 Welsby St, New Farm

2/3 Welsby St, New Farm is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Apartment sold in New Farm in the last 12 months.

Building Type
Apartment
Floor Size
150m2
Local Government
Brisbane
Lot/Plan
2/BUP13114

Last Listing description (March 2024)

New Farm is well understood as one of the most liveable suburbs in Brisbane. Locals will list off the cafes, eateries, parks, walks and attractions that are constantly improving and growing. It's hard to imagine a better location to enjoy this lovingly renovated unit. The owners have taken every care to maximise the bright and open feel of this large 2 bedroom unit. The standout feature has to be the expansive real grass courtyard, flowing out from the undercover living area and patio. Young families, first home buyers and investors alike, be advised that this is one of the most desirable styles of units for very good reason. The liveability and lifestyle available in this unit in this location is hard to exaggerate.

Featuring:

• Renovated kitchen
• Renovated main bathroom and ensuite
• King size master with bay window & seat
• XL lock up garage, presently set up as home office.
• Separate second bedroom with Juliette courtyard
• Hardwood flooring
• Air conditition & fans
• Low body corp
• 8 units in block
• Large real grass and fully fenced courtyard
• Privacy increasing landscaping
• Ready to move in!

Location:

• 100m to Merthyr Village
• 200m to New Farm Park
• 700m to NF Park Ferry Terminal
• 800m to New Farm River Walk
• 1.1km to Howard Smith Wharves
• 1.8km to James Street Precinct
• 2.7km to CBD

Set to sell on on before Auction date, buyer are encouraged to register their interest and offers as soon as possible.

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Property History for 2/3 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$880,000
23 Mar 2024
Listed for Rent
$650/w
24 Dec 2021
  • 23 Mar 2024
    Sold for $880,000
  • 05 Mar 2024
    Listed for Sale Under Contract
  • 17 Dec 2021
    Listed for Rent $650 / 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 7,821 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.

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Eadan Hockings
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Ray White New Farm
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