6/425 Bowen TerraceNew Farm QLD 4005
Property Details for 6/425 Bowen Tce, New Farm
6/425 Bowen Tce, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 58m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (October 2023)
This is a great opportunity to live or invest right in the middle of one of Brisbane's best inner city suburbs. Jog down to the markets at New Farm Park or relax after work and walk home from the Howard Smith Wharves, this is inner city living at its best.
With the following property features
- Open living
- Balcony facing Leafy Langshaw Street
- Massive Bedroom
- BBQ area
- 58m2 Approx
- Undercover carport
- Rental appraisal $400 per week
- Council Rates $450 / quarter approx
- Body Corporate $1125 / quarter approx
- Sinking fund $102k approx
Click on the link below for virtual tour
Call Lawrence at Go Gecko to arrange your inspection today.
Disclaimer:
If this property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 6/425 Bowen Tce, New Farm, QLD 4005
- 21 Aug 2023Sold for $335,000
- 09 Feb 2023Listed for Sale $339,000 neg
- 06 Jan 2014Sold for $310,000
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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 7,918 properties. Over the last 5 years, Houses in New Farm have seen a 84.06% increase in median value, while Units have seen a 64.44% increase. As at 31 August 2024:
- The median value for Houses in New Farm is $2,787,119 while the median value for Units is $999,075.
- Houses have a median rent of $795 while Units have a median rent of $600.
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