OFF MARKET

31 Balfour Street
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 417m2
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Property Details for 31 Balfour St, New Farm

31 Balfour St, New Farm is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 417m2. While the property is not currently for sale or for rent, it was last sold in November 2017.

Building Type
House
Land Size
417m2
Local Government
Brisbane
Lot/Plan
5/RP8625

Last Listing description (November 2019)

Located in the inner city suburb of New Farm, this one bedroom flat is located close to everything. It's location is one of the closest to the city that New Farm offers and is in the heart of the Brunswick Street theatre precinct which is evolving into what will be the next 'James Street' in years to come.

Unit 3 is presented in very sound condition throughout, with great bones and lovely character features including timber floors and high ceilings. Downstairs, there is plenty of storage and a laundry with ample yard space to the rear.

All of these great features come within just 1.3km of the Brisbane GPO and literally footsteps to all that New Farm has to offer, whether it be it's vast array of dining options, transport, great schools, parks or the impending Howard Smith Wharves development, which is just 250m from the door!

No need for a car when you can literally walk to everything you need in life!

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Property History for 31 Balfour St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,053,000
16 Nov 2017
Listed for Rent
$240/w
21 Apr 2010
  • 24 Oct 2019
    Listed for Rent $300 / week
  • 19 Jul 2018
    Listed for Rent $300 / week
  • 16 Nov 2017
    Sold for $1,053,000
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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 31 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in New farm.

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