3/40 Gilbey Lane, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

3/40 Gilbey Lane
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 134m2
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Property Details for 3/40 Gilbey Lane, New Farm

3/40 Gilbey Lane, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 134m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2014
Floor Size
79m2
Land Size
134m2
Local Government
Brisbane
Lot/Plan
3/SP245509

Last Listing description (January 2026)

Welcome to 3/40 Gilbey Lane, New Farm.

A Modern 2 bedroom 2 bathroom unit with a car space and HUGE balcony space. Everything you need in walking distance! With New Farm Park, Merthyr Village, cafes, The Riverwalk, and so much that New Farm has to offer right at your finger tips. It's not surprising why these spacious and well designed apartments are so sought after!

THE BEST BITS. . .

- Central Location
- Air Con and Ceiling Fans
- External Laundry
- Intercom
- Separated rooms
- Built in wardrobes
- Private Balcony
- Car Space

Public transport?
Easily accessible via ferry from the New Farm Park station. Plenty of bus stops nearby, so you don't have to worry about getting sweaty on the way to work!

What's nearby?
- New Farm Park, a large park with picnic spots and a playground
- Brisbane Powerhouse, a former power station converted into a performing arts center
- New Farm Riverwalk, for those wanting to get their steps up!
- New Farm Library, for all the students and book worms!

School and Uni?
- New Farm State School 0.73km
- All Hallows School 1.11km
- St James College 1.36km

- James Cook University 2.4km
- University of Queensland 2.6km
- QUT Gardens Point Campus 3.4km

Book your inspection today!
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Disclaimer:
Emerge Realty in preparing this advertisement used our best endeavors to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective renters should make their own enquiries to verify the information contained in this advertisement

Property History for 3/40 Gilbey Lane, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$890,000
24 Jul 2024
Listed for Rent
$820/w
23 Jan 2026
  • 14 Jan 2026
    Listed for Rent $820 / week
  • 24 Jul 2024
    Sold for $890,000
  • 09 Jul 2024
    Listed for Rent $800 / 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 7,942 properties. Over the last 5 years, Houses in New Farm have seen a 56.77% increase in median value, while Units have seen a 75.09% increase. As at 31 July 2026:

  • The median value for Houses in New Farm is $3,293,049 while the median value for Units is $1,215,198.
  • Houses have a median rent of $1,150 while Units have a median rent of $680.
There are currently 44 properties listed for sale, and 18 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 315 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.