131 Terrace Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

131 Terrace Street
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 597m2
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Property Details for 131 Terrace St, New Farm

131 Terrace St, New Farm is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 597m2.

Building Type
House
Land Size
597m2
Local Government
Brisbane
Lot/Plan
1/SP159916

Last Listing description (July 2026)

A rare executive residence in the heart of New Farm. Spread across two levels of a fully renovated character cottage, this is lock-up-and-leave living at its finest. Available furnished or unfurnished and ready to move in immediately.

From the automated security gates to the Crimsafe-protected windows and secure intercom, every detail has been considered for absolute peace of mind - an executive sanctuary offering a lifestyle of comfort, privacy and tactile luxury in Brisbane's most coveted pocket.

Furnished ($1,950/week)

Move-in ready and ideal for corporate relocators, contract workers and expats seeking a premium inner-city base without the hassle of setting up from scratch. Every detail has been considered to offer a true turn-key residence.

Unfurnished ($1,650/week)
An exceptional opportunity to secure a high-calibre home in one of Brisbane's most coveted suburbs. Ideal for professionals after an easy CBD commute, young families drawn to the area's prestigious schools, or downsizers ready to embrace an incomparable inner-city lifestyle - New Farm's walkable precincts, riverside parks and buzzing dining scene are all at your door. Homes of this quality rarely come to the rental market.

THE HOME
3 bedrooms + study
3 bathrooms + powder room
2 secure car spaces (remote garage + automated gated carport)
226 SQM allotment | 186 SQM of living space
Soaring 3m+ ceilings with entry dome feature
Japanese herringbone hardwood floors throughout
Two-metre gas fireplace
Integrated Sonos sound system
AirTouch 5 smart climate control + ducted air-conditioning
ADT security alarm + Crimsafe window screens + intercom-secured entry

THE KITCHEN + ENTERTAINING
Marble bench-tops, butler's pantry + premium Ilve range cooker
Alfresco courtyard with bespoke bar, stone bench-tops + commercial-grade beverage cooler - a standout entertaining space year-round
Vertical green wall, decorative awnings + integrated lighting

THE BEDROOMS
Primary suite with walk-in robe, plantation shutters + open-concept marble ensuite
Lower-level bedrooms serviced by a second marble ensuite + powder room
Boutique-hotel finishes throughout - moody, considered and genuinely luxurious

THE LOCATION
Steps from Howard Smith Wharves, New Farm Park and the Riverwalk. Minutes to James Street, Merthyr Village and the CBD. Well-connected by public transport with easy freeway access. Close to some of Brisbane's best public and private schools.

(SUBURB FEATURES)

LIFESTYLE
Multitude of cafs, restaurants, bars + shops
Proximity to to Merthyr Village + James Street Precinct
Walking distance to Riverwalk, New Farm Park + Howard Smith Wharves
Easy access to public transport network
Easy access to ICB & Kingsford Smith Drive, M7 + AirportLink Tunnel

TRANSPORTATION
3 km to Brisbane CBD (approx. 10 min drive)
17 km to Brisbane Airport (approx. 20 min drive)
2.5 km to Fortitude Valley Train Station (approx. 7 min drive)
500 m to CityCat terminal + nearest bus stop (approx. 10 min walk)

(INSPECTIONS + APPLICATIONS)
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Click 'Get in touch' to book or request a 2Apply application link
Contact Josh: 0431 431 558 | rentals@percivalpropertygroup.com

(DISCLAIMER)
While we have taken all reasonable care to ensure the accuracy of the information in this advertisement, we do not accept any responsibility and disclaim all liability for errors, omissions, inaccuracies or misstatements. Prospective tenants are encouraged to conduct their own enquiries to confirm the details provided.

Property History for 131 Terrace St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$900/w
13 Jul 2015
  • 11 Jun 2026
    Listed for Rent $1,650 / week
  • 12 May 2017
    Listed for Sale $1,500,000
  • 11 Jun 2015
    Listed for Rent - Price not available
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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 60.24% increase in median value, while Units have seen a 81.54% increase. As at 30 June 2026:

  • The median value for Houses in New Farm is $3,311,818 while the median value for Units is $1,246,630.
  • Houses have a median rent of $1,000 while Units have a median rent of $680.
There are currently 45 properties listed for sale, and 18 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 329 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.