Property Details for 2/31 Welsby St, New Farm
2/31 Welsby St, New Farm is a bedroom, bathroom Unit.
Last Listing description (April 2016)
one bedroom apartment positioned in the most sought after residential precinct. Situated in a quiet block of three is this high set Queenslander in the heart of New Farm. A rare opportunity perfect for that lifestyle you have always dreamt of.
With the convenience of nearby cafes, dining and shopping of Merthyr Village plus buses & City cat, this is a very neat & convenient property to rent.
Main features include:
Retro and funky kitchen with gas cook top
Combined living and dining area
Wooden floor boards throughout
Communal laundry area
Garden
Call now to arrange an inspection!
*photos of a similar unit within the complex*
Property History for 2/31 Welsby St, New Farm, QLD 4005
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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 7,946 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.
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