SOLD
RECENT ADVICE
Sold on 09 Nov 2023 for $580,000

8/57 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 8/57 Welsby St, New Farm

8/57 Welsby St, New Farm is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Apartment sold in New Farm in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
8/BUP9786

Last Listing description (November 2023)

Perfectly positioned this property is all about location, location!

A small complex of only 8 units, the home offers privacy positioned at the back of the block. A back courtyard common area which you can use as your own inner-city backyard and for entertaining. An extra long lock-up garage allows extra space for storage or you can add additional workshop/study/multi-purpose room.

Walking distance to all amenities, only 250 metres to New Farm Shopping Village, 250 metres to New Farm Park, 450 metres to Teneriffe-New Farm River Walk and 600 metres Brisbane Powerhouse.

- Newly painted throughout
- Polished wood floors
- Air-conditioned living area, private balcony
- Dishwasher, washer-dryer machine
- Very spacious primary bedroom with built-in wardrobes
- Large lock-up garage + storage
- Low body corporate fees

KEY LOCATIONS:
• 250m - New Farm Park
• 250m - Coles & Merthyr Village Shops
• 450m - New Farm-Teneriffe Riverwalk
• 600m - Powerhouse
• 800m - New Farm State School
• 900m - City Cat
• 900m - New Farm Cinemas
• 1.4km - 'James Street' lifestyle precinct, bars & dining
• 1.6km - Howard Smith Wharves
• 2.0km - Gasworks Plaza Newstead precinct
• 2.0km - Brunswick Street Mall & Chinatown
• 2.5km - Brisbane CBD
• 3.2km - Queen Street Mall, Queens Plaza
• 3.2km - RBW Hospital
• 18 mins - Drive to Brisbane Airport

Property History for 8/57 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$580,000
09 Nov 2023
  • 03 Nov 2023
    Sold for $580,000
  • 28 Sep 2023
    Listed for Sale UNDER CONTRACT
  • 30 Apr 2021
    Sold for $468,888
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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.
There are currently 48 properties listed for sale, and 51 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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Contact agent
Jed Dziuma
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Ray White 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.