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.
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.
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:
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