9/40 Gilbey LaneNew Farm QLD 4005
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Everything you need in walking distance!
Property Details for 9/40 Gilbey Lane, New Farm
9/40 Gilbey Lane, New Farm is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The place is currently for rent with Emerge Realty.
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 2016 was 12542 people. By 2021 the population was 12197 showing a population decline of 2.8% in the area during that time. The predominant age group in New Farm is 30-39 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 2021, 44.00% of the homes in New Farm were owner-occupied compared with 39.70% in 2016.
New Farm has 7,928 properties. Over the last 5 years, Houses in New Farm have seen a 69.80% increase in median value, while Units have seen a 85.55% increase. As at 30 November 2025:
- The median value for Houses in New Farm is $2,788,626 while the median value for Units is $1,183,443.
- Houses have a median rent of $720 while Units have a median rent of $650.
Suburb Insights for New Farm 4005
Market Insights
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