SOLD
Sold on 31 Jan 2024 for $430,000

9/31 Browne Street
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 47m2
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Property Details for 9/31 Browne St, New Farm

9/31 Browne St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 47m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1987
Floor Size
43m2
Land Size
47m2
Local Government
Brisbane
Lot/Plan
9/BUP8052

Last Listing description (June 2024)

If you're looking for a great investment opportunity or the perfect first home, this inner city 1 bedroom unit is it!

Your new home enjoys all Inner-City Living pleasures, whilst located in a tranquil and quiet location.

You can enjoy cashflow positive returns right away as the unit has been used as a short-term rental over the past few years - so it's well maintained and professionally cleaned on a weekly basis.

Apartment Features
- Open plan living
- Small block of 12
- Private balcony
- Internal laundry
- Ample internal storage

Location
- James Street Precinct 650m
- Bus stop 350m
- New Farm Park 750m
- The Powerhouse Museum 1.3km
- Howard Smith Wharves 1.9km
- Fortitude Valley Train Station 1.8km
- Brisbane Central State School 2.9km
- Brisbane CBD 3km
- Royal Brisbane and Women's Hospital 3.3km
- Walking distance to Brunswick Street Ferry Stop, Bus Stop and the local Coles at Merthyr Village

Don't miss out on this incredible opportunity to make your dream of home ownership come true!

For more information contact Jon Mordue on 0412554018.

Property History for 9/31 Browne St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$430,000
31 Jan 2024
Listed for Rent
$320/w
09 Jan 2019
  • 31 Jan 2024
    Sold for $430,000
  • 23 Jan 2024
    Listed for Sale Offers over $385,000
  • 26 Aug 2019
    Sold for $290,000
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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 7,821 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.
There are currently 41 properties listed for sale, and 30 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 341 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.