165 Terrace St, New Farm is a 4 bedroom, 3 bathroom House with 5 parking spaces and was built in 2005. The property has a land size of 730m2 and floor size of 233m2.
This property provides flexibility to the modern buyer, with a combination of living arrangements and investment opportunities. Accessed by a private entrance tucked away from the street your new home is situated on a prime 730sqm block. Thoughtfully designed by renowned local architect Kevin Hayes it has recently been refreshed. Comprising a main house, a Townhouse with own garage is on Strata title, perfect for a teenagers retreat, grandparents or supplementary income from long term lease or AirBnB. As well as a separate double garage with multipurpose room perfect for home office or living space above. Both properties are alarmed with touch screen activation. Parking includes double garage, single garage, carport and several guest carparks.
The spacious and contemporary main house is spread over two levels, natural light floods house due to double story three-sided window alcove and historic retired lighthouse lamp of real optic glass. The kitchen, designed by a chef, is the true beating heart of this home and will make hosting friends and family a breeze. The open plan lounge and dining will become your sanctuary with a beautiful log wood fireplace. The living spaces extend out through bifold doors to the ample private timber deck and solar heated lap pool. Enjoy hosting guests here as you put your feet up after having sampled all New Farm has to offer.
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 7,938 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:
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