SOLD
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Sold on 10 Jun 2024 for $490,000

5/417 Bowen Terrace
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 45m2
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Property Details for 5/417 Bowen Tce, New Farm

5/417 Bowen Tce, New Farm is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 45m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Apartment sold in New Farm in the last 12 months.

Building Type
Apartment
Floor Size
45m2

Last Listing description (June 2024)

Situated in the heart of New Farm and moments from popular cafés, restaurants and lifestyle amenities, this well-presented residence invites your inspection. Offering effortless, inner-city living, this desirable address boasts light-filled living and meals spaces, a generous kitchen, one bedroom and one bathroom. One of just 20 units located on the top floor of a solid brick complex, this low maintenance residence is complete with a single car space and private balcony.

Appealing to the esteemed professional and astute investor, this property offers excellent proximity to Brisbane CBD, with public transport options including bus and ferry. Weekends will be well spent with local treasures including Merthyr Village, beautiful New Farm Park, Howard Smith Wharves and the scenic Riverwalk each within walking distance, while James Street and Brisbane Powerhouse are just minutes away.

This property offers:

• Low maintenance living in the heart of popular New Farm
• Generous living and meals spaces with a private balcony
• Neatly appointed kitchen with ample storage
• Spacious bedroom with built-in robe
• Split system air conditioning and ceiling fans
• Single open car space
• Within walking distance of cafés, bars, restaurants and lifestyle amenities
• Moments from Howard Smith Wharves, James Street and Brisbane Powerhouse
• Proximity to public and private schools including New Farm State School
• Less than 2-kilometers from Brisbane CBD and central Fortitude Valley
• Easy access to public transport including Fortitude Valley Station, bus and ferry terminals

To enquire about this property or arrange an inspection, contact Nick Mogridge on 0423 059 709 or Marty Foelz on 0487 158 879.

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Property History for 5/417 Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$490,000
10 Jun 2024
Listed for Rent
$570/w
17 Jul 2024
  • 04 Jul 2024
    Listed for Rent $570 / week
  • 26 May 2024
    Sold for $490,000
  • 13 May 2024
    Listed for Sale Contact Agent
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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 7,818 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 40 properties listed for sale, and 31 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 331 properties were sold in the past 12 months in New farm.

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Nick Mogridge
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Marty Foelz
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Ray White New Farm
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