OFF MARKET

57 Abbott Street
New Farm QLD 4005

Bedrooms: 5
Bathrooms: 2
Car spaces: 1
Floor area: 296m2
Land area: 1006m2
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Property Details for 57 Abbott St, New Farm

57 Abbott St, New Farm is a 5 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1910. The property has a land size of 1006m2 and floor size of 296m2. While the property is not currently for sale or for rent, it was last sold in November 2009.

Building Type
Unit
Year Built
1910
Floor Size
296m2
Land Size
1006m2
Local Government
Brisbane
Lot/Plan
128/RP8789

Last Listing description (August 2009)

OPPORTUNITIES..POSSIBILITIES ON 1006SQMS
ENJOY THE EXCLUSIVITY OF A BOUTIQUE LANDMARK; BUILD YOUR DESIRABLE SHOWPIECE ON THIS SUPERSIZE BLOCK, OR SEEK SUBDIVISION APPROVAL TO MAXIMISE INVESTMENT OPPORTUNITIES OR THE FRAMEWORK IS IN PLACE FOR A CREATIVE RENEW OF THE EXISTING HOME.
TAKING PRIDE OF PLACE ON ONE OF NEW FARMS MOST PRESTIGIOUS STREETS THIS MAGNIFICENT OPPORTUNITY LEAVES YOU WITH EXCITING POSSIBILITIES.

THE EXISTING HOME COULD EASILY ACCOMMODATE AN EXTENSION OR RE-STRUCTURING OR YOU MAY CHOOSE TO LIVE IN THE HOUSE WHILE DESIGNING YOUR STYLISH ABODE. WITH DEVELOPMENT APPROVAL ALREADY IN PLACE FOR AN EXTREMELY MODERN FIVE BEDROOM FAMILY RESIDENCE THIS COULD BE AN EXCITING ALTERNATIVE OR YOU MAY PREFER TO CAPITALISE AS AN INVESTOR AS THERE IS AN APPROVAL CURRENT FOR SUBDIVISION INTO 2 BLOCKS.
THE AVAILABILITY OF A BLOCK OF THESE DIMENSIONS THAT IS FLOOD FREE, FLAT AND INCLUDES A 20M FRONTAGE ALONG WITH THE LOCATION IS RARELY FEATURED IN TODAYS MARKET.
THIS GLAMOROUS LOCALE OFFERS EXCEPTIONAL CONVENIENCE TO ALL THE VIBRANT ATTRACTIONS THAT THIS TRENDY SUBURB HAS TO OFFER. CLOSE TO THE SELECTION OF NEW FARMS GOURMET CAFES AND RESTAURANTS, LOCAL SHOPS, A LEISURELY STROLL TO NEW FARM PARK, CITY CAT STOPS, BUS STOPS AND THE FLOATING WALKWAY WHICH TAKES YOU DIRECTLY TO THE CITY, WITH BRISBANES CBD ONLY 2KMS AWAY.
THIS IS YOUR CHANCE TO CAPITALISE AS AN INVESTOR, BUILDER OR FUTURE RESIDENT ON THIS PARTICULAR EVENT.

Property History for 57 Abbott St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,000,000
06 Nov 2009
  • 06 Nov 2009
    Sold for $2,000,000
  • 02 May 2009
    Listed for Sale 0
  • 16 Aug 2006
    Sold for $1,350,000
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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 7,920 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 25 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 334 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.