15/46 Terrace St, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 174m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Nestled quietly in the Northern end of the Terrazzo apartments, you'll find unit 15. An extremely rare large courtyard unit with two car spaces, 400m from Howard Smith Wharves and less than 2km to the CBD. New Farm is renowned for its incredible lifestyle; eateries, parks, boutique shops, riverwalks and more. It is not however regularly associated with large and practical units. This opportunity presents the very best of high privacy, low maintenance apartment living with the all of the perks in size and liveability of a house or townhome. With 174m2 of floor area and another 26 of exclusive use gardens you will be hard pressed to find a larger or better value unit anywhere in the suburb.
Features include
Large private courtyard with 6ft fencing and foliage cover
As a starter home, investment or house alternative this unit holds some of the rarest features a property can have this close to the action. Enquire today.
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 7,944 properties. Over the last 5 years, Houses in New Farm have seen a 56.77% increase in median value, while Units have seen a 75.09% increase. As at 31 July 2026:
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