2/3 Welsby Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
 
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2/3 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 109m2
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Property Details for 2/3 Welsby St, New Farm

2/3 Welsby St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 109m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
1993
Floor Size
75m2
Land Size
109m2
Local Government
Brisbane
Lot/Plan
2/BUP13114

Last Listing description (May 2024)

New Farm is well understood as one of the most liveable suburbs in Brisbane. Locals will list off the cafes, eateries, parks, walks and attractions that are constantly improving and growing. It's hard to imagine a better location to enjoy this lovingly renovated unit. The owners have taken every care to maximise the bright and open feel of this large 2 bedroom unit. The standout feature has to be the expansive real grass courtyard, flowing out from the undercover living area and patio. Young families, first home buyers and investors alike, be advised that this is one of the most desirable styles of units for very good reason. The liveability and lifestyle available in this unit in this location is hard to exaggerate.

Featuring:

Renovated kitchen
Renovated main bathroom and ensuite
King size master with bay window & seat
XL lock up garage, presently set up as home office.
Separate second bedroom with Juliette courtyard
Hardwood flooring
Air conditition & fans
Low body corp
8 units in block
Large real grass and fully fenced courtyard
Privacy increasing landscaping
Ready to move in!

Location:

100m to Merthyr Village
200m to New Farm Park
700m to NF Park Ferry Terminal
800m to New Farm River Walk
1.1km to Howard Smith Wharves
1.8km to James Street Precinct
2.7km to CBD

Set to sell on on before Auction date, buyer are encouraged to register their interest and offers as soon as possible.

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Property History for 2/3 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$880,000
23 Mar 2024
Listed for Rent
$650/w
24 Dec 2021
  • 23 Mar 2024
    Sold for $880,000
  • 05 Mar 2024
    Listed for Sale Under Contract
  • 17 Dec 2021
    Listed for Rent $650 / 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 33 properties listed for sale, and 20 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 321 properties were sold in the past 12 months in New farm.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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