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Sold on 02 Aug 2024 for $670,000

52/86 Welsby Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 52/86 Welsby St, New Farm

52/86 Welsby St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit

Last Listing description (August 2024)

52/86 WELSBY STREET, NEW FARM 4005

Superbly positioned central to the best New Farm has to offer, this beautifully renovated, one-bedroom courtyard apartment is a unique offering.

Featuring private street access, step out to enjoy the beautiful river walks, Powerhouse farmers markets, New Farm park, Merthyr Village, James Street and Teneriffe precincts.

Internally the property has been completely and tastefully renovated and features a contemporary kitchen that flows out to the large, secure and private courtyard with generous covered area making it a great space to entertain family and friends.

The kitchen features white stone benchtops, tiled splash back, quality appliances, double sink, dishwasher, island breakfast bar and lots of storage.

Both the living area and bedroom feature brand new air conditioners, stylish ceiling fans and timber accent walls. The bedroom also has mirrored built in wardrobes and is serviced by the stylish bathroom and laundry with beautiful floor to ceiling tiled walls.

Full list of features include:

- Freshly renovated throughout
- Ground floor with no stairs
- Large secure courtyard with lawn
- Private street access
- Stone benchtops and quality appliances in kitchen
- Brand new air conditioning throughout
- Ceiling fans throughout
- Gated complex with secure remote entry
- Secure lock-up garage for one vehicle and secure access to apartment
- Pool and BBQ area in complex
- Security screens on all external doors
- Security intercom
- Pet friendly
- Vacant possession and ready to move in
- Body Corporate Levies = $1052.61 p/q inclusive of admin, sinking fund and insurance
- Council Rates for owner occupier = $407.96 , for investor = $480.95 p/q

Don't miss your chance to own this remarkable piece of New Farm real estate. Whether you're a first-time buyer, downsizer, or savvy investor, 52/86 Welsby Street presents an unparalleled opportunity to live the quintessential inner-city lifestyle.

Property History for 52/86 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$670,000
02 Aug 2024
Listed for Rent
$400/w
02 Mar 2023
  • 02 Aug 2024
    Sold for $670,000
  • 05 Jun 2024
    Listed for Sale Sold for $670,000
  • 23 Feb 2023
    Listed for Rent $400 / week

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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 32 properties listed for sale, and 22 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 337 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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Matthew Karatau
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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.