OFF MARKET

22 Gibbon Street
New Farm QLD 4005

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 142m2
Land area: 438m2
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Property Details for 22 Gibbon St, New Farm

22 Gibbon St, New Farm is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 438m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in January 2016.

Building Type
House
Year Built
1910
Floor Size
142m2
Land Size
438m2
Local Government
Brisbane
Lot/Plan
12/RP9187

Last Listing description (May 2016)

Property is under contract - auction cancelled.
First time on the market in 28 years. Start the year with what can only be described as an amazing New Farm renovator opportunity. Charmingly original but structurally very sound this gives the rare option to rent out straight away or give it a basic refresh and live in comfortably.
I know what you are thinking, how can there be an unrenovated cottage with two street frontage, city views and on the base of Teneriffe Hill left in the market place? Well we have found one...

Set on 439 square metres of New Farms finest and with an extra wide house of 8m, it's hard to find a New Farm renovator with better bones than this one. Whether you are searching for a family home, are discerning enough to only invest in A-Grade locations this home needs to be on your radar.
The house has been approved for a big renovation and therefore a lot of hard work has been done. The current plans are to renovate the front house, and build an architectural home with city views.
This position of New Farm has time and time again proven to be a performer, on the base of Teneriffe Hill this home is perfectly positioned close enough to the action of James street and Teneriffe yet far enough away to be completely private and quiet. Without doubt this is one of the most sought after spots of inner city Brisbane. The current floorplan consists of 4 bedrooms, a large living and dining area, huge bathroom and a vast open plan kitchen and dining, and a great use of glass louvres provide enough light and breezes to make it very comfortable.
So come down for a look, get in touch with your favourite architect or take advantage of the approved plans and let the fun start. 'A - grade' untouched cottages like this are quickly becoming a rarity. This home is ready for a changing of the guard and based upon the owners reasonable expectations this is without doubt, the best valued New Farm Queenslander to be put to market in 2016.
This home will be sold and your urgent attention should be given, a relaxed drive around New Farm and Teneriffe will convince you that you should reward yourself with the best lifestyle Brisbane has to offer.

Property History for 22 Gibbon St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,400,000
22 Jan 2016
  • 22 Jan 2016
    Sold for $1,400,000
  • 12 Jan 2016
    Listed for Sale Not Disclosed
  • 22 May 2014
    Sold for $1,175,000
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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 32 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 337 properties were sold in the past 12 months in New farm.

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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.