OFF MARKET

579 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Floor area: 373m2
Land area: 1012m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 579 Lower Bowen Tce, New Farm

579 Lower Bowen Tce, New Farm is a 4 bedroom, 4 bathroom House with 4 parking spaces and was built in 1910. The property has a land size of 1012m2 and floor size of 373m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
House
Year Built
1910
Floor Size
373m2
Land Size
1012m2
Local Government
Brisbane
Lot/Plan
12/RP8801

Last Listing description (July 2017)

579 Lower Bowen Terrace is a property that is renowned as one of the grand statement homes in New Farm and is a true representation of that modern take on a Queensland classic. This flawless family home stands on the cusp of the CBD and has undergone extensive renovations tastefully bringing it into the 21st century. Claiming the title of the HIA Brisbane house of the year, this home was designed to pay respect to the original features, whilst providing all the comforts you expect from a home of such calibre.
Situated on a sprawling 1,012sqm block, this beautiful home commands a massive 25.1m frontage in the highly sought after River Precinct. It s prime location allows city views from the rear balcony which creates the most comfortable and private setting for the family to enjoy.
The quality of this iconic home is a reflection of the same passion the owners had when they first set out to renovate this family residence with its 598sqm of living space across two levels, it is evident that it was designed around family functionality and luxurious living in the most central suburban location.

This distinguished five bedroom home has an elegantly appointed home office and delivers not only on location and quality but also in generous proportions. It s commonly accepted that to live in a location such as this, it must be accompanied by a compromise, however, this is the one exception. It s a unique opportunity for a family to set down their roots and enjoy the next 20 years knowing there is no better alternative.
579 Lower Bowen Terrace commands a distinct presence in the Street, yet the allure extends beyond the fa ade and continues throughout every inch of this palatial family home. The impressive central hallway, with its chandelier centred ceilings, begins to tell a story of quality craftsmanship that has evaded most modern homes. As you progress further down the hall past the office you enter the grand living area, framed by the ornate ceiling and chandelier. The beautiful polished Ironbark timber floors lead you to an oversized kitchen which connects the dining room to the huge entertainer s deck overlooking the manicured backyard. This massive kitchen has a unique configuration with a large pantry, quality appliances and abundant storage. The distinctive Calacatta stone benchtop, island bench and ample natural light, make this such an important and enjoyable space for the family to come together.
The master suite reflects a work of art with a striking attention to detail. Located at the front of the home, it has been generously proportioned and enjoys seclusion from the rest of the home. Its divine ensuite and robe are finished to the highest standard, while the original French doors open to a large veranda that is the finishing touch to a perfect master retreat.
In keeping with its lavish offering, there is ample undercover secure parking for four cars with an array of additional storage options plus further off street parking. Also located on the lower level is a private guest suite, a work out space and an elegant second living or rumpus room which is just some of the various entertaining spaces that flow seamlessly out to the manicured gardens and alluring large family pool. It is easy to envisage how this space would take any memorable event to a new level of extravagance.
A home of this calibre is often admired, but rarely put to market. As the owners have now moved interstate, they have expressed that they would love to see this amazing property become home to another family for years to come.

Property History for 579 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$4,800,000
01 Jun 2017
  • 01 Jun 2017
    Sold for $4,800,000
  • 08 Feb 2017
    Listed for Sale Under Contract
  • 29 Nov 2006
    Sold for $2,000,000
Sign in to see more transactions

Commute Calculator

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.

Suburb Insights for New Farm 4005

Market Insights
New Farm Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
New Farm Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.