24/166 Sydney StreetNew Farm QLD 4005
Property Details for 24/166 Sydney St, New Farm
24/166 Sydney St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 72m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
Last Listing description (November 2017)
Only five 1 bedroom apartments remain for sale.
This offer will not last - register your interest now!
1 bed / 1 bath / 1 secure carpark.
Of all the dwellings in New Farm 56.6% are rented. (Source ABS)
52% of all people living in New Farm tend to be white collar workers (Source ABS)
Walking distance to the Powerhouse entertainment precinct
Walking distance to City Cat and buses
Walking distance to Merthyr Road Shopping Centre
Open plan living
tone bench tops to kitchen
European designed stainless steel appliances
Study nook
1 bedroom
1 bathroom
1 Secure car-park
Lap pool
Tile flooring to living area, balcony and wet areas
Storage cage to basement
Bi-fold doors from living to balcony
GENERAL FEATURES
1 Bedroom
1 Bathroom
1 Car-park
Storage cage in basement car-park
Titled area 72sqm
INDOOR FEATURES
Tile flooring to living spaces and balcony
Tile flooring to wet areas
Carpet to bedroom
Reverse cycle split-system air-conditioning
Ceiling fan to living and bedrooms
Provision for high speed internet access and pay TV
Built-in wardrobe
Study nook
Dishwasher
Dryer
Stone bench-top to kitchen and study nook
OUTDOOR FEATURES
Secure storage
1 Secure car-park
Additional storage to balcony
Outdoor entertainment area
Lap pool
Tiled balcony
OTHER FEATURES
European appliances
Stone Bench-top to kitchen
Additional storage
Kitchen cupboard to ceiling
Gas cooktop and electric oven
BENEFITS
2 kms from Brisbane CBD
Village atmosphere
Walk to public transport - City Cat and buses
Walking distance to Merthyr Road Shopping Centre
Approx. 250 metres to the Powerhouse lifestyle precinct
Approx. 100 metres to New Farm Park
Miles of walkways and cycle pathways a short distance away
Short distance to James Street Lifestyle precinct
Solid growth over the 10 year period ending September 2012. The area averaged 6.3% p.a compounding growth. (Source ABS)
High returns 13% increase to September 2012 for median 2 bedroom apartments in the 4005 suburb. (REA report)
Low vacancy factor 2.8% over the past 24 months (Source REA)
Ideal investor unit. Limited stock - 70% SOLD! Investment audit available on request.
Property History for 24/166 Sydney St, New Farm, QLD 4005
- 31 Jan 2022Sold for $521,000
- 01 Nov 2017Listed for Sale Not Disclosed
- 13 Sep 2016Listed for Sale Not Disclosed
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0About 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.
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