SOLD
Sold on 29 Jun 2024 for $542,000

32/75 Welsby Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 77m2
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Property Details for 32/75 Welsby St, New Farm

32/75 Welsby St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1932. The property has a land size of 77m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1932
Floor Size
55m2
Land Size
77m2
Local Government
Brisbane
Lot/Plan
32/SP107655

Last Listing description (October 2017)

Showcasing a charming yet unique loft style design, this one bedroom and one bathroom + powder room Woolstore style apartment is situated in the highly regarded New Farm setting. Located within Powerhouse Apartments, this desirable complex is set in a leafy tree lined position moments from the beautiful New Farm Park and iconic Brisbane River.
Following a functional floor plan with space and refined sophistication, the open plan layout is enhanced by double height voids and a flow of natural light which breathes warmth and ambience into the central living and dining space. This area is elegantly framed by glass sliders and freshly installed white plantation shutters. Finished with plush carpet, the living space extends out onto the spacious and low maintenance balcony space, perfect for relaxing with your morning coffee.
Easily accessible from the living area, the kitchen is complete with ample cabinetry, wraparound benchtop and stainless steel oven, rangehood and dishwasher. Adjacent to the kitchen is a separate laundry and powder room.

The master bedroom is situated on the loft level and features exposed architectural beams, timber flooring and a beautiful window providing filtered light. This dreamy space has been thoughtfully created and is destined to impress. Additionally, it also boasts two built-in robes, ceiling fan and an ensuite
Powerhouse Apartments features an array of amenities including a saltwater swimming pool, gymnasium, on-site management, intercom access and a single secure vehicle space.
Enviably positioned in a highly sought-after New Farm locale, scenic New Farm Park and tranquil river walks are only minutes away. Venturing to the CBD is a short drive, CityCat ride or an easy half an hour walk away. The shopping, dining and entertainment along Teneriffe and New Farm are just a few reasons why a number of residents love calling this area home.

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Property History for 32/75 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$542,000
29 Jun 2024
  • 29 Jun 2024
    Sold for $542,000
  • 13 Sep 2017
    Sold for $361,000
  • 09 Aug 2017
    Listed for Sale Offers Over $355,000
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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 7,821 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 30 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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