5/376 Bowen Tce, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 123m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in March 2013.
Boutique apartment of modern style and comfort
Ideal for buyers seeking style, security and convenience, filled with an abundance of natural light this apartment makes an exceptional first home, city pad or easy-care investment. It is set in a tightly held complex of only eight that offers easy access to transport to the CBD.
Makes for an outstanding first home or investment prospect- Property is currently tenanted at a weekly return of $470- Well defined open, kitchen/ living/dining area, floor-to-ceiling glass doorscreating an abundance of natural light - lock up garage, two bathrooms servicing two spacious bedrooms with direct access to the rear balcony that not only brings a new dimension to the bedroom. It also brings a pleasant breeze throughout the property.
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 7,919 properties. Over the last 5 years, Houses in New Farm have seen a 81.92% increase in median value, while Units have seen a 65.24% increase. As at 30 November 2024:
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