OFF MARKET

84 Terrace Street
New Farm QLD 4005

Bedrooms: 12
Bathrooms: 5
Car spaces: 7
Floor area: 113m2
Land area: 864m2
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Last updated 16 Dec 2024
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Property Details for 84 Terrace St, New Farm

84 Terrace St, New Farm is a 12 bedroom, 5 bathroom House with 7 parking spaces. The property has a land size of 864m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Floor Size
113m2
Land Size
864m2
Local Government
Brisbane
Lot/Plan
2/RP79124

Last Listing description (August 2022)

Expressions of Interest ending 11th August 2022 at 2pm.

One of the largest landholdings in New Farm, this tightly-held home and block of flats offers massive potential to redevelop the combined 1,899sqm site. Enjoying an elevated aspect in a quiet street, it is a stroll to the CBD, cafs and New Farm State School.

- Very rare 1,035sqm and 864sqm LMR23 zoned land on two titles

- Unbridled sweeping views of CBD, New Farm and suburbs
- Scope to build apartments, townhouses, luxury housing (STCA)
- Subdivide, renovate existing home, add recreation facilities
- Comfortable family residence set across two spacious levels
- Full brick and concrete slab construction, suits dual living
- Dwelling at 88 Terrace Street has six income producing flats
- Benefit from attracting rental while planning the next stage
- Off street parking, immense lifestyle appeal, walk to buses
- Close to James and Brunswick streets, Howard Smith Wharves

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Property History for 84 Terrace St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$4,500,000
12 Aug 2022
  • 15 Aug 2022
    Listed for Sale By Negotiation
  • 12 Aug 2022
    Sold for $4,500,000

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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 7,919 properties. Over the last 5 years, Houses in New Farm have seen a 81.92% increase in median value, while Units have seen a 65.24% increase. As at 30 November 2024:

  • The median value for Houses in New Farm is $2,890,467 while the median value for Units is $1,023,654.
  • Houses have a median rent of $720 while Units have a median rent of $630.
There are currently 32 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 337 properties were sold in the past 12 months in New farm.

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© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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