2/40 Gilbey LaneNew Farm QLD 4005
Property Details for 2/40 Gilbey Lane, New Farm
2/40 Gilbey Lane, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 124m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in New Farm in the last 12 months.
Last Listing description (May 2024)
Discover urban living at its finest in this stylish two bedroom apartment located in the vibrant suburb of New Farm. Nestled within a coveted locale, this residence offers both convenience and spacious living.
Upon entry, be greeted by an open-plan living and dining area adorned with contemporary finishes and ample natural light. The modern kitchen boasts sleek cabinetry, stone countertops, and stainless steel appliances, perfect for culinary enthusiasts.
The apartment features two generously sized bedrooms, each offering comfort and privacy. The master bedroom comes complete with an ensuite bathroom, while the second bedroom enjoys easy access to the main bathroom.
Step outside to the private balcony and soak in the breathtaking views of the surrounding cityscape. This outdoor space is ideal for entertaining guests or simply unwinding after a long day.
Conveniently positioned, this apartment is just moments away from New Farm Park, trendy cafes, boutique shops, and public transport options, ensuring a lifestyle of ease and convenience.
Offers Close on the 15th April 2024. For further information or to request an inspection, contact Phillip Harrigan on 0400 043 426.
Property History for 2/40 Gilbey Lane, New Farm, QLD 4005
- 16 Apr 2024Sold for $820,000
- 20 Mar 2024Listed for Sale Under Offer
- 29 Feb 2024Listed for Rent $750 / 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 7,924 properties. Over the last 5 years, Houses in New Farm have seen a 69.19% increase in median value, while Units have seen a 56.55% increase. As at 31 January 2025:
- The median value for Houses in New Farm is $2,782,437 while the median value for Units is $1,037,928.
- Houses have a median rent of $700 while Units have a median rent of $630.
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