1/602 Lower Bowen Terrace, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

1/602 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Last updated 9 Feb 2026
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Property Details for 1/602 Lower Bowen Tce, New Farm

1/602 Lower Bowen Tce, New Farm is a 3 bedroom, 1 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Brisbane

Last Listing description (June 2020)

This large spacious residence has recently been painted and freshened up. The upstairs of this house is available to rent now and is currently vacant, this is perfect for "work from home" as it is in a great location. Set up with office and wifi for you to move in NOW.

This house is available to rent NOW in a beautiful quiet tree-lined NEW FARM street

PERFECT OPPORTUNITY TO WORK FROM HOME IN NEW FARM
3 large spacious bedrooms all with ceiling fans, 2 with robes and AIRCONDITIONING
An open plan lounge kitchen dining area with air-conditioning
Rear deck to take in the morning north east sunshine
large spacious enclosed verandah
There is an off street car park available on site
Beautiful timber floors and white freshly painted walls


This spacious home has been freshly painted and is available to rent Now. So close to New Farm Park. Parking is easy in the streets, This large space is light, bright and airy, and is in a fabulous location close to restaurants, shops, coffee shops, and Methyr Village. Bus and the city cat are very close by Making the city easily accessible. Or you can walk along the River Walk to Howard Smith Wharves.

Also If you require this house to be furnished this can be arranged for you.
The opportunities here are endless. Should you wish to discuss this unique opportunity please call.

Property History for 1/602 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$750/w
08 Apr 2020
  • 25 May 2020
    Listed for Rent $645 / week
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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 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 7,934 properties. Over the last 5 years, Houses in New Farm have seen a 61.90% increase in median value, while Units have seen a 92.30% increase. As at 31 January 2026:

  • The median value for Houses in New Farm is $2,794,630 while the median value for Units is $1,227,049.
  • Houses have a median rent of $715 while Units have a median rent of $650.
There are currently 30 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 315 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.