OFF MARKET

42/75 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 81m2
Land area: 115m2
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Property Details for 42/75 Welsby St, New Farm

42/75 Welsby St, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 115m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
Unit
Year Built
1999
Floor Size
81m2
Land Size
115m2
Local Government
Brisbane
Lot/Plan
42/SP107655

Last Listing description (October 2022)

Overlooking neighbouring hedges and gardens as well as the residents' pool, you would hardly believe you're living in an apartment in the heart of New Farm.

Enjoying a sought-after position on the top-floor of the Power House apartments, Unit 42 is exceptionally tranquil & private. Split across two levels, this apartment is an untouched gem, ready to live in or renovate to suit your individual taste and needs.

The layout of this apartment presents ideal separation: The first level, where the kitchen flows freely into the living and dining space, opening onto the balcony, creates a fantastic space to come together with family and friends or simply enjoy the comfort of your own home. Also on this level are the laundry, as well as the separate toilet, for your convenience.

Retreat to the second level where you will find the main bedroom, boasting beautiful city views, as well as the second bedroom, both with their respective ensuites.

Only a few tree-lined streets from the Powerhouse and popular New Farm Park, this apartment allows you to enjoy the local village atmosphere with the convenience of inner-city living. With the CBD and Brisbane Airport only moments away, walk, drive or catch public transport to arrive at your destination in a matter of minutes.

Offering outstanding value in Brisbane's most desirable suburb, this property is perfect for owners and investors alike, looking to get a foothold in the competitive 4005 market.

PROPERTY FEATURES
2 Bedroom
2.5 Bathrooms
2 Car Parks
Split-level living
Corner position
External balcony
Separate laundry
Top-Floor apartment
City views from the main bedroom
Balcony with leafy outlook over the residents' pool
Reverse-cycle A/C & ceiling fans throughout

BUILDING FEATURES
Resident-only amenities: saltwater swimming pool, garden entertainment areas & gymnasium
Secure intercom
Onsite management

SUBURB FEATURES
Multitude of cafs, restaurants, bars and specialty shops
Walking distance to Howard Smith Wharves, CBD, Eagle Street Pier and Fortitude Valley
Walking distance to Riverwalk, New Farm Park and James Street
Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link
2 km to CBD
10 km to Brisbane Airport
1 km to Fortitude Valley Train Station
New Farm State School Catchment zone

Property History for 42/75 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$610,000
06 Sep 2022
Listed for Rent
$490/w
17 May 2012
  • 06 Sep 2022
    Sold for $610,000
  • 01 Jun 2022
    Listed for Sale Under Contract
  • 10 May 2012
    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 7,918 properties. Over the last 5 years, Houses in New Farm have seen a 86.13% increase in median value, while Units have seen a 62.05% increase. As at 31 July 2024:

  • The median value for Houses in New Farm is $2,716,354 while the median value for Units is $984,042.
  • Houses have a median rent of $775 while Units have a median rent of $600.
There are currently 41 properties listed for sale, and 52 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 343 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.