83 Sydney StreetNew Farm QLD 4005
Property Details for 83 Sydney St, New Farm
83 Sydney St, New Farm is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 448m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in New Farm in the last 12 months.
Last Listing description (December 2023)
Elever Property Group are pleased to present to the market for the first time in over 50 years, 83 Sydney Street, New Farm.
Currently operating as registered Flats, this unique property presents an incredibly rare opportunity to purchase one of the very few houses within New Farm's exclusive Merthyr neighbourhood precinct. On the doorstep of the iconic New Farm Park and just a stroll to the cultural hubs of the Powerhouse & New Farm Village, the opportunity to secure your entry into Brisbane's premium blue chip-suburb awaits. Within the tightly held Sydney Street location, this charming character filled four-bedroom, three-bathroom Queenslander brims with endless potential. Explore your options to enhance these original trimmings or restore this home to a renovated residence of distinction.
Centrally located and surrounded in wonderful treescape colour & vibrance, this is your opportunity to embrace the New Farm way of life. Catering to all ages, from corporate executives to families, young couples and retirees, there is an abundance of amenities to entice every generation. From here, sample the delights of the vibrant James Street fine dining, shopping, and entertainment precinct, or immerse yourself in the lively culture of the Howard Smith Wharves and Brisbane's Powerhouse (just a mere 500m walk), location just does not get any better.
This outstanding residence offers the following features:
• North-facing 448sqm LMR block in a coveted Sydney Street location
• Character filled, high set 4 bedroom, 3 bathroom, charming Queenslander
• Managed as registered Flats, leased and returning approx. $47,000 P/A with easy potential to further increase this return
• Prime for a large renovation to convert into a signature New Farm Trophy home
• Within walking distance to New Farm Park (40m), Brisbane River walk & Ferry (250m), Merthyr Village (200m) & Holy Spirit primary School (300m)
83 Sydney Street New Farm, is your once in a generation opportunity. Now is the time to unlock your trophy home potential or simply secure your long-term hold for capital growth in one of Brisbane's most desired locations.
For further information or to arrange a viewing, please contact Ryan Barabas or Jason Bond.
Property History for 83 Sydney St, New Farm, QLD 4005
- 13 Dec 2023Sold for $2,220,000
- 11 Jul 2023Listed for Sale Not Disclosed
- 03 Oct 2009Listed 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 7,821 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.
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