3/309 Bowen Terrace, New Farm, QLD 4005 sold on 24 September 2025 | OnTheHouse
SOLD
Sold on 24 Sep 2025 for $727,500

3/309 Bowen Terrace
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 56m2
Land area: 78m2
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Property Details for 3/309 Bowen Tce, New Farm

3/309 Bowen Tce, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 78m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
56m2
Land Size
78m2
Local Government
Brisbane
Lot/Plan
3/BUP483

Last Listing description (December 2025)

Positioned in one of Brisbanes most prestigious and tightly held suburbs, this beautifully presented apartment offers the ultimate combination of lifestyle appeal and investment potential. Located in a boutique complex on the highly regarded Bowen Terrace, the property is perfectly placed to enjoy everything New Farm and the surrounding inner-city precincts have to offer.Comprising two generous bedrooms, a well-appointed central bathroom, and a secure car space, this apartment is designed for convenience and functionality. The open-plan living and dining area creates a welcoming sense of space, complemented by large windows that provide natural light and capture leafy suburban outlooks.For investors, this property represents a standout opportunity in a suburb with consistently strong rental demand and limited supply. A tenancy is already in place, managed by Grow Property, until November 2026.Key Features:Two spacious bedrooms with built-in wardrobesCentral bathroom with practical layoutOpen-plan living and dining filled with natural lightSecure single car spaceBoutique complex in tightly held Bowen TerraceWalking distance to Howard Smith Wharves, James Street, Riverwalk, and New Farm ParkExcellent investment potential with strong rental demandA rare chance to secure a property in one of Brisbanes most desirable inner-city suburbs, 3/309 Bowen Terrace offers lifestyle, convenience, and growth potential all in one. Contact Jordano for further information on 0490 041 300.

Property History for 3/309 Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$727,500
24 Sep 2025
Listed for Rent
$400/w
21 Oct 2021
  • 24 Sep 2025
    Sold for $727,500
  • 17 Sep 2025
    Listed for Sale Contact Agent
  • 09 Sep 2021
    Listed for Rent $400 / week
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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.
There are currently 49 properties listed for sale, and 26 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 317 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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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.