OFF MARKET

7/111 James Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 96m2
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Property Details for 7/111 James St, New Farm

7/111 James St, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1974. The property has a land size of 96m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Year Built
1974
Floor Size
62m2
Land Size
96m2
Local Government
Brisbane
Lot/Plan
7/BUP1399

Last Listing description (January 2021)

Huge opportunity for a first home buyer, renovator or a smart investor. Located in a boutique building of only 12 units, these 1970's brick buildings were made to last. Benefit from low body corporate fees and space that newer builds often do not offer.

There is no better lifestyle location, at 111 James Street you are just a short stroll away from the trendy James Street lifestyle and entertainment precinct, Merthyr Village, New Farm Park, Gasworks and just 1.5km from the CBD.

Property History for 7/111 James St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$465,000
18 Dec 2020
Listed for Rent
$395/w
03 Jul 2018
  • 25 Jan 2021
    Listed for Sale For Sale by Negotiation
  • 18 Dec 2020
    Sold for $465,000
  • 26 Apr 2018
    Listed for Rent - Price not available
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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 86.13% increase in median value, while Units have seen a 62.05% increase. As at 31 July 2024:

  • The median value for Houses in New Farm is $2,716,354 while the median value for Units is $984,042.
  • Houses have a median rent of $775 while Units have a median rent of $600.
There are currently 41 properties listed for sale, and 52 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 343 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.