2/54 Terrace St, New Farm is a 3 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 204m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
From the moment you enter the secure gated landscaped courtyard of this complex this exceptional 3 level townhouse comprising 210sqm of open plan living is sure to impress. This contemporary residence encompasses unique architectural detailing, designer staircases, high ceilings, ducted air conditioning and quality fixtures and fittings throughout. The lower level incorporates the formal entry and a large home office which opens onto the courtyard, a powder room, exceptional storage options and a 2 car remote controlled side by side garage. The focus of this stylish home is on the first level where spacious open plan tiled lounge and dining areas open onto front and rear covered entertaining balconies ensuring lots of natural light and cross ventilation. The gourmet kitchen seamlessly adjoins the living rooms creating a perfectly balanced floor plan that cleverly utilises every inch of space and offers supreme functionality without sacrificing on style. 40mm stone bench tops, 2pak cabinetry, gas cooking, glass splashbacks and stainless steel appliance complete the picture. The balcony adjacent to the kitchen features a servery and town gas connection ready for your barbecue. Ascend the floating timber staircase to the upper level to discover three large bedrooms. The master suite is a generous size incorporating a modern ensuite with double vanity, large walk in robe and opens onto a wide private balcony overlooking a lovely easterly vista. The second and third bedrooms are both well-proportioned and boast full width built in mirrored wardrobes and large windows. A contemporary main bathroom featuring a shower over bath is located adjacent to the bedrooms. Both bathrooms showcase floor to ceiling tiles and designer vanities.
Features:
- Impressive open plan living spaces with multiple entertaining balconies
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 7,939 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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