5/124 Sydney St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 128m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in New Farm in the last 12 months.
Perched privately amongst the treetops, this large park-facing apartment boasts a lifestyle location.
Footsteps from sprawling parklands and the magnificent riverfront, the secure complex offers an endless choice of relaxed cafes, renowned restaurants, shopping precincts, and recreational amenities just beyond the front door.
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:
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