OFF MARKET

51/75 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 76m2
Land area: 115m2
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Property Details for 51/75 Welsby St, New Farm

51/75 Welsby St, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 115m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1998
Floor Size
76m2
Land Size
115m2
Local Government
Brisbane
Lot/Plan
51/SP107655

Last Listing description (July 2024)

"We unfortunately had to cancel the open home, and apologise for any inconvenience"

Set within the historic and coveted Powerhouse Apartments complex just a leisurely stroll from leafy New Farm Park, this two-bedroom property offers low-maintenance living at its finest. Boasting a slew of popular cafes, restaurants and boutiques right on its doorstep, this south-west-facing residence features city views and access to resort-style facilities.

The apartment benefits from carpeted floors and a versatile neutral colour palette. Timber sliding doors with plantation shutters allow natural light to easily flow throughout the property.

On the residence's first level, a generous open-plan living and dining area serves as the heart of the apartment. Perfect for relaxing and hosting guests, this airy central space spills out onto a covered balcony commanding city views. There is also a renovated kitchen displaying quality appliances and ample cupboard storage, while a variety of fantastic dining options are nearby.

Upstairs, an ensuited master bedroom has elegant timber floors, city views and a built-in robe. A sizeable second bedroom also encompassing a built-in robe is accompanied by a tidy main bathroom.

Complete with secure dual tandem parking and large lock-up storage cabinets behind, the apartment also has a combined laundry and powder room on its first level. Other notable details include split-system air-conditioning and ceiling fans, as well as access to the complex's swimming pool, gym, grassed area and al fresco entertaining amenities.

A stone's throw from scenic riverwalks and the New Farm Park Ferry Terminal, this excellent property is close to city-bound bus stops and Merthyr Village Shopping Centre's conveniences. The fashionable James Street, Howard Smith Wharves and Gasworks precincts are minutes away. Investors and families alike will also appreciate the residence's proximity to a plethora of esteemed schools and universities. Do not delay call to arrange an inspection today.

Disclaimer
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

Property History for 51/75 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$780,000
28 Jun 2023
  • 28 Jun 2023
    Sold for $780,000
  • 20 Jun 2023
    Listed for Sale For Sale
  • 14 Oct 2019
    Sold for $512,000
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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 7,823 properties. Over the last 5 years, Houses in New Farm have seen a 91.67% increase in median value, while Units have seen a 66.09% increase. As at 30 September 2024:

  • The median value for Houses in New Farm is $2,839,798 while the median value for Units is $1,010,013.
  • Houses have a median rent of $748 while Units have a median rent of $620.
There are currently 36 properties listed for sale, and 33 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 335 properties were sold in the past 12 months in New farm.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.