SOLD
Sold on 27 Aug 2024 for $965,000

4/285 Bowen Terrace
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 63m2
Land area: 107m2
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Property Details for 4/285 Bowen Tce, New Farm

4/285 Bowen Tce, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 107m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
63m2
Land Size
107m2
Local Government
Brisbane
Lot/Plan
4/SP105811

Last Listing description (September 2024)

Perched atop Bowen Terrace, 'Montage Apartments' houses just 7 exclusive units with direct access to the very best of the River City. Saunter to Howard Smith Wharves for oysters and champagne, take a walk along the Brisbane River, lounge at Spicers Balfour for a coffee and breakfast and take in everything that Brisbane has to offer right at your front door.

Features
- large master suite with ensuite
- spacious second bedroom with direct balcony access
- large east facing balcony
- direct lift to unit access (no hallways!)
- secure parking with storage
- leafy & private outlook
- only 6 other units in complex
- one of the most enviable locations in the City

An exceedingly rare opportunity to secure an apartment that will look out over the booming River City in its next stage of growth.

Property History for 4/285 Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$965,000
27 Aug 2024
Listed for Rent
$650/w
29 Nov 2022
  • 27 Aug 2024
    Sold for $965,000
  • 23 May 2024
    Listed for Sale Offers Invited
  • 02 Nov 2022
    Listed for Rent - Price not available
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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.

Suburb Insights for New Farm 4005

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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.