OFF MARKET

3/24 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 9579m2
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Property Details for 3/24 Welsby St, New Farm

Building Type
Commercial
Land Size
9579m2
Local Government
Brisbane

Last Listing description (February 2023)

"24 on Welsby" offers residents a UNIQUE LIFESTYLE away from the hustle and bustle of every day life yet with all amenities and facilities at the door. Adjacent to Merthyr Village Shopping Centre that includes, Coles, restaurants, doctors, dentist, optometrist, Australia Post and so much more. Public Transport is at your door and New Farm Park, Brisbane River and City Cat Ferries just a short stroll plus Brisbane City is only 2km.

This spacious ground floor two bedroom, two bedroom apartment. Features include:
* Two roomy bedrooms

* Two bathrooms
* Open plan living/dining area
* Modern kitchen including dishwasher
* Internal laundry including dryer
* Large ground floor courtyard
* Intercom
* Ducted air conditioning
* Secure access parking for one car

******PREFER NO PETS******

For more information or to arrange an inspection contact All Urban Rentals 07 3254 2300.

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Property History for 3/24 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$550/w
15 Feb 2023
  • 03 Feb 2023
    Listed for Rent $549 / week
  • 08 Feb 2022
    Listed for Rent $450 / week
  • 01 Feb 2021
    Listed for Rent $449 / 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 7,820 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 28 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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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.