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

165 Terrace Street
New Farm QLD 4005

Bedrooms: 4
Bathrooms: 3
Car spaces: 5
Floor area: 233m2
Land area: 730m2
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Property Details for 165 Terrace St, New Farm

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.

Building Type
House
Year Built
2005
Floor Size
233m2
Land Size
730m2
Local Government
Brisbane
Lot/Plan
2/SP117660

Last Listing description (February 2020)

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.


There are three large bedrooms with well-appointed built-ins and a study, three bathrooms and a wonderful terrace on the upper level with sweeping views to the city and Story Bridge.

The adjoining 2 level strata-title townhouse will give family members their own space and sense of independence while still being available. Or you can rent out and provide a solid income stream. Featuring two large bedrooms each with walk in robes, two bathrooms, 2 balconies, courtyard and open plan living.

Located in the heart of New Farm and close to everything, this home is the quiet sanctuary that offers choice and is the perfect place to embrace the walk-to-everything lifestyle New Farm has to offer.

Main Features:
- Master Retreat boasts two WIR's, Rain showerhead, dual basin vanity and Juliet balcony
- 3 bedrooms plus study and 3 Bathroom
- Recently refreshed, architecturally designed home by Kevin Hayes
- Generous open plan living and dining area which opens onto the front and rear entertaining areas
- Story Bridge and city views giving you prime entertaining position for firework spectaculars including RiverFire and New Years Eve
- Strata-Titled 2 bed 2 Bath Townhouse
- Ducted Air-conditioning with MyAir
- 5 x car parks
- Solar Heated Lap Pool
- 5kw (main house) 3kw (townhouse) and separate solar heating for the 13metre pool.
- Low maintenance courtyard
- Fully irrigated garden on a timer
- Easy walk to 2 cinemas iconic 'New Farm Six' and deluxe 'Palace James Street'; the Choquette and Gerties hub; parallel to James Street.

Feel a part of the New Farm community as you walk to school, grab the paper, cafe-hop or shop. A short walk and you can enjoy Merthyr Village, New Farm Park, Howard Smith Wharves and the fashion and dining hub of James Street. This wonderful setting has everything you need for the whole family, this is a rare opportunity to invest in flexible multi-purpose property within the most resilient real estate market in Brisbane.

Property History for 165 Terrace St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$1.90k/w
12 Dec 2019
  • 01 Nov 2019
    Listed for Rent $1,900 / week
  • 10 Oct 2019
    Listed for Sale For Sale by Negotiation
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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 7,938 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:

  • 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, 328 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.