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.
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.
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:
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