OFF MARKET

5/38 Elystan Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 101m2
Land area: 119m2
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Property Details for 5/38 Elystan Rd, New Farm

5/38 Elystan Rd, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 119m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1930
Floor Size
101m2
Land Size
119m2
Local Government
Brisbane
Lot/Plan
5/BUP106006

Last Listing description (August 2023)

Iconic from the exterior Elystan Court is sure to impress, step inside and be captivated by the true essence of the art deco era. Contemporary sophistication seamlessly enhances the classic charm, allowing the meticulously designed interior to showcase the period features; high ceilings, ornate cornices, picture rails, bay windows and beautiful hardwood floors. Combining to create a genuinely grand ambience that will impress even the most discerning buyer.

The spacious living provides a versatile area for entertaining guests or simply unwinding in style. Natural light floods the room through large windows, offering picturesque views of the surrounding New Farm neighbourhood's tree-lined streets, you will feel a sense of sanctuary within your walls.

Located in the heart of New Farm, you will have the best of Brisbane at your doorstep. Explore the vibrant dining and entertainment scene, indulge in boutique shopping, or take a leisurely walk in New Farm Park or along the Brisbane River.

This stunning apartment features:

- 2 bedrooms, main bedroom with custom walk-in dressing room and bay windows
- 1 modern bathroom with built-in laundry
- 1 automatic lock-up garage
- Three-metre-high ceilings bring an abundance of natural light and breezes throughout
- Period charm, polished timber floors, ornate cornices and neutral palette throughout
- Juliette balcony that flows seamlessly off the living room
- Views of the city
- The current rental Appraisal is $850 to $900 per week
- Complex built 1932
- Boutique Building of only 7 apartments

Auction, Saturday 17th June 2023, Onsite, if not SOLD prior.

To obtain further information or to arrange a private inspection, please contact Karla Lynch on 0447 384 908 or Michael Reilly 0413 139 069

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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Property History for 5/38 Elystan Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,600,000
17 Jun 2023
Listed for Rent
$900/w
24 Jul 2023
  • 11 Jul 2023
    Listed for Rent $900 / week
  • 17 Jun 2023
    Sold for $1,600,000
  • 30 May 2023
    Listed for Sale UNDER CONTRACT
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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 7,919 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:

  • The median value for Houses in New Farm is $2,890,467 while the median value for Units is $1,023,654.
  • Houses have a median rent of $720 while Units have a median rent of $630.
There are currently 31 properties listed for sale, and 24 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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