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Sold on 15 Oct 2024 for $2,450,000

402/55 Barker Street
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 140m2
Land area: 194m2
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Property Details for 402/55 Barker St, New Farm

402/55 Barker St, New Farm is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2018. The property has a land size of 194m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
140m2
Land Size
194m2
Local Government
Brisbane

Last Listing description (October 2024)

THE DEAL
Designed by Pike Withers and built by Hutchinson Builders, this stunning North facing apartment blends timeless design with impeccable craftsmanship and attention to detail.

Situated in one of New Farm's most sought-after areas, just moments from the river, park, and boardwalk, it exudes style and sophistication with 3 bedrooms, 2.5 bathrooms, and parking for two vehicles and storage. The thoughtfully designed layout of the home creates a seamless transition between living zones, with strategically positioned windows enhancing breathtaking views of the Brisbane City skyline while its perfect Northern aspect overlooking suburban New Farm.

The interior showcases bespoke materials, including solid European oak chevron flooring, natural Travertine stone, and custom veneer cabinetry that enhance its luxury. The kitchen is equipped with top-tier Wolf appliances, including a five-burner gas cooktop and Sub-Zero refrigerators, creating a perfect centerpiece for the home.

The master retreat positioned on the north point of the apartment features generous size and scale, complemented by a lavish ensuite, oversized bath, double vanity featuring Vola Tapware with accents of timber veneer and natural travertine throughout. The master retreat boasts motorized blinds for privacy and convenience.

The additional bedrooms are positioned to capture glimpses of the city and each feature bespoke cabinetry and storage throughout.

Smart design elements include a study nook, sheer curtains, and zoned air conditioning. Residents enjoy access to a plunge pool and secure guest parking in a boutique complex of only 21 units, ensuring exclusivity and privacy.

SEALS THE DEAL
An apartment that exemplifies design excellence and unmatched build quality and attention to detail located in one of Brisbane's most desired lifestyle pockets.

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Property History for 402/55 Barker St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,450,000
15 Oct 2024
  • 15 Oct 2024
    Sold for $2,450,000
  • 09 Oct 2024
    Listed for Sale THE DEAL: Under Offer
  • 03 Oct 2018
    Listed for Sale From $1,495,000

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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 7,825 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 44 properties listed for sale, and 30 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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