SOLD
Sold on 22 Mar 2024 for $385,000

6/52 Mark Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 42m2
Land area: 42m2
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Property Details for 6/52 Mark St, New Farm

6/52 Mark St, New Farm is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 42m2 and floor size of 42m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
42m2
Land Size
42m2
Local Government
Brisbane
Lot/Plan
6/BUP11539

Last Listing description (February 2024)

Introducing 6/52 Mark Street, New Farm - a prime property in an exceptional location, ideal for first-home buyers or budget priced investors.

This 42sqm apartment is in original condition and includes 1 bed, 1 bath, and 1 parking space. This corner apartment is north east facing and opens directly to a large communal garden space.

Urgent sale demands immediate attention, with private inspections available upon a 24-hour notice. For investors, the property presents an enticing rental opportunity at $280 per week.

Surrounded by neighbourhood architecturally designed homes in one of New Farm's dress circle precincts, this is an unmissable chance in the vibrant New Farm locale.
This residence not only offers the comforts of inner-city living but also provides a tranquil escape, nestled in a quiet location with proximity to walkways and parks.

Property History for 6/52 Mark St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$385,000
22 Mar 2024
Listed for Rent
$280/w
26 Oct 2018
  • 22 Mar 2024
    Sold for $385,000
  • 31 Jan 2024
    Listed for Sale Urgent Sale Required
  • 22 Aug 2018
    Listed for Rent $280 / week
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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 7,821 properties. Over the last 5 years, Houses in New Farm have seen a 84.90% increase in median value, while Units have seen a 69.17% increase. As at 31 October 2024:

  • The median value for Houses in New Farm is $2,850,184 while the median value for Units is $1,018,069.
  • Houses have a median rent of $725 while Units have a median rent of $625.
There are currently 41 properties listed for sale, and 30 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 341 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.