OFF MARKET

547 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 116m2
Land area: 498m2
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Property Details for 547 Lower Bowen Tce, New Farm

547 Lower Bowen Tce, New Farm is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1910. The property has a land size of 498m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
House
Year Built
1910
Floor Size
116m2
Land Size
498m2
Local Government
Brisbane
Lot/Plan
1/RP8734

Last Listing description (July 2014)

Deceased Estate on Lower Bowen
They say that in real estate, location is everything. In terms of value and potential, it can be said without hesitation or reservation that this is an absolute cracker. Welcome to 547 Lower Bowen Terrace, New Farms latest and greatest opportunity to capitalise on a beautiful big block in a sought after pocket of New Farm. When it comes to potential and possibility, it is hard to look past this one. Whether your intention is to build your dream home on a big block or you're looking to add value, you will be hard pressed to find something as versatile as this offering. This charming property is in a league of its own and although it's no secret that this three bedroom, one bathroom house needs love, it has authentic potential to build something special. It's an original renovator in one of New Farms most charming and coveted addresses. With a 12.6 metre frontage and situated on 498 square meters, this exceptional slice of New Farm carries a smorgasbord of options. Under no uncertain circumstances, the executors have made it abundantly clear that their intention is to sell under auction conditions. Only having changed hands a limited number of times, it's obvious why these houses are always in high demand. On foot you are just seconds walk to the trendiest cafs, restaurants and bars that Brisbane has to offer. It's period details add a timeless character to the interior spaces, as this home is ready for your imagination to run wild. So bring your builder and architect along and hit the ground running with what will be an incredible opportunity to own a big family home in arguably the nicest spot in New Farm. Make no mistake, this is an excellent opportunity to secure an increasingly rare, inner-city cottage. An inspection of this renovator and a relaxed drive around New Farm will convince you that you should reward yourself with the best lifestyle Brisbane has to offer. Auction, Saturday 12th July 2014, On site at 10am, if not SOLD prior.

Property History for 547 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,230,000
12 Jul 2014
  • 12 Jul 2014
    Sold for $1,230,000
  • 16 Jun 2014
    Listed for Sale AUCTION SATURDAY 12TH JULY, ON SITE AT 10.00AM

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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 24 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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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.