OFF MARKET

5/530 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 102m2
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Property Details for 5/530 Lower Bowen Tce, New Farm

5/530 Lower Bowen Tce, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 102m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1988
Floor Size
70m2
Land Size
102m2
Local Government
Brisbane
Lot/Plan
5/BUP8768

Last Listing description (June 2023)

Demonstrating effortless indoor/outdoor integration through a screened glass slider, residents will delight at the uplifting wealth of natural light that cascades over the elevated balcony with an Eastern aspect and provides the perfect space to relax and unwind. From here, you will enjoy the abundance of greenery and privacy that surrounds the home.

-2 spacious bedrooms, both with built-in cupboards

- Combined air conditioned living and dining area
-Neat kitchen with gas cook top and large fridge space
- Modern bathroom with laundry facilities, separate toilet
- East facing balcony
-Large individual lock up garage that is ample size for a car and plenty of room for storage

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Property History for 5/530 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$550,000
12 Mar 2022
Listed for Rent
$590/w
09 Jun 2023
  • 31 May 2023
    Listed for Rent - Price not available
  • 03 Jun 2022
    Listed for Rent $530 / week
  • 12 Mar 2022
    Sold for $550,000
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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 25 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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