12/40 Gilbey Lane, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

12/40 Gilbey Lane
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 79m2
Land area: 96m2
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Property Details for 12/40 Gilbey Lane, New Farm

12/40 Gilbey Lane, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2014. The property has a land size of 96m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2014
Floor Size
79m2
Land Size
96m2
Local Government
Brisbane
Lot/Plan
12/SP245509

Last Listing description (June 2024)

Discover the pinnacle of contemporary urban living in one of Brisbane's most sought-after neighbourhoods. Nestled within an exclusive boutique complex of just 14 apartments, this residence epitomises the essence of lifestyle living, offering a bespoke sanctuary for discerning individuals seeking comfort and convenience.

Step into the spacious open-plan layout complete with high ceilings that enhances the sense of space, while soothing neutral hues, new paint and lighting throughout complement the design.

The well-appointed designer kitchen, featuring sleek white cabinetry set against timber look accents, stainless steel appliances, and a gas cooktop, seamlessly connects to the living and dining areas.

Providing effortless indoor/outdoor living, the private balcony offers panoramic views of New Farm, the iconic Story Bridge, and Brisbane's CBD.

Two recently re-carpeted bedrooms have been meticulously crafted to offer comfortable retreats. Both bedrooms feature built-in wardrobes, ensuring ample storage space for your belongings. The master bedroom exudes luxury with its private ensuite and convenient balcony access, inviting you to indulge in moments of relaxation. While the second bedroom offers easy access to a nearby bathroom, providing seamless convenience for both residents and guests alike.

With secure parking for two cars, side by side, this residence also offers the convenience of new air-conditioning, double glazed doors and windows, and updated insulation and funky 'Soundchek' ceilings. Furthermore, this pet-friendly complex is designed for convenience and security, featuring video intercom and lift access.

Embrace an active and vibrant lifestyle with scenic river walks and the nearby New Farm Dog Park. Indulge in the fashionable James Street, Howard Smith Wharves, and Merthyr Village precincts, all just minutes away. Esteemed schools, universities, and city-bound bus stops are also conveniently close by, ensuring a seamless connection to everything the city has to offer.

Don't miss out on this exceptional opportunity. Call now to arrange an inspection and secure your place in the sought-after New Farm enclave. Your dream lifestyle awaits!

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 12/40 Gilbey Lane, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,075,000
16 May 2024
Listed for Rent
$620/w
15 May 2018
  • 16 May 2024
    Sold for $1,075,000
  • 09 May 2024
    Listed for Sale For Sale
  • 23 May 2018
    Sold for $687,500
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About New Farm 4005

The size of New Farm is approximately 2.5 square kilometres. There are 4 parks, covering nearly 9.1% of the 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 7,939 properties. Over the last 5 years, Houses in New Farm have seen a 37.08% increase in median value, while Units have seen a 71.60% increase. As at 31 August 2026:

  • The median value for Houses in New Farm is $3,066,485 while the median value for Units is $1,230,593.
  • Houses have a median rent of $1,150 while Units have a median rent of $690.
There are currently 39 properties listed for sale, and 15 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 327 properties were sold in the past 12 months in New farm.

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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.