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

186 Terrace Street
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 143m2
Land area: 420m2
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Property Details for 186 Terrace St, New Farm

186 Terrace St, New Farm is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1923. The property has a land size of 420m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
House
Year Built
1923
Floor Size
143m2
Land Size
420m2
Local Government
Brisbane
Lot/Plan
7/RP9067

Last Listing description (December 2022)

Auction Location: Onsite

Available on the market for the first time in over 70 years, 'The Three Firs' presents an unmissable buying or investment opportunity. Close to New Farm Park and the James Street and Howard Smith Wharves precincts, this east-facing character property boasts a large rear yard, side access and updated interiors.

Featured in the 2008-published 'Reflections on New Farm' book, the residence has deeds that date back 120 years. Perfect for those seeking a piece of New Farm's illustrious history, the home showcases a beautiful traditional faade and established front gardens. Inside, you will find original archways, new timber-look flooring and plantation shutters.

Continuing from the property's welcoming entry, a spacious living area adjoins an airy sunroom. There is also a linked dine-in kitchen displaying a tiled splashback, a breakfast bar and ample cupboard storage.

An external ramp leads out to an expansive fully-fenced grassed rear yard. Fringed by low maintenance gardens, this fantastic outdoor area offers vast amounts of space for children, pets or a potential extension (STCA).

Finishing the upper level, three sizeable bedrooms are fitted with built-in robes. A renovated main bathroom encompasses a separate bath and shower.

Underneath the residence, a secure single garage is accompanied by a generous gym or studio. Other notable details include an internal laundry, ceiling fans and an abundance of storage.

Ready to be renovated or enjoyed as is, this outstanding home is only minutes from Brisbane's CBD and Fortitude Valley's attractions. A number of riverwalks, shops and dining options are also nearby.

Falling within the New Farm State School, Fortitude Valley State Secondary College and Kelvin Grove State College, this exceptional property is also a short drive from Brisbane Grammar School, Brisbane Girls Grammar School and Saint Joseph's College. Do not delay call to arrange an inspection today.

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

Property History for 186 Terrace St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,800,000
04 Jun 2022
Listed for Rent
$500/w
17 May 2018
  • 04 Jun 2022
    Sold for $1,800,000
  • 09 May 2022
    Listed for Sale Auction
  • 14 Mar 2018
    Listed for Rent $490 / week
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About New Farm 4005

The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of 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 7,930 properties. Over the last 5 years, Houses in New Farm have seen a 76.58% increase in median value, while Units have seen a 85.77% increase. As at 31 October 2025:

  • The median value for Houses in New Farm is $2,909,289 while the median value for Units is $1,156,243.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 32 properties listed for sale, and 20 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 323 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.