31 Abbott Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

31 Abbott Street
New Farm QLD 4005

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 217m2
Land area: 734m2
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Property Details for 31 Abbott St, New Farm

31 Abbott St, New Farm is a 0 bedroom, 0 bathroom Unit and was built in 1925. The property has a land size of 734m2 and floor size of 217m2. While the property is not currently for sale or for rent, it was last transferred in September 2023.

Building Type
Unit
Year Built
1925
Floor Size
217m2
Land Size
734m2
Local Government
Brisbane
Lot/Plan
96/RP8718

Last Listing description (October 2023)

Claim ownership of this exclusive tightly-held New Farm property. In a prized position, this 734sqm block with dual street access presents a rare development opportunity in one of Brisbane's most tightly held enclaves.

Benefiting from its two street frontage, the level site provides a myriad of options to the astute buyer with plenty of scope for a variety of designs. Build your dream home, develop or split, this property is sure to meet the needs of your next project. Situated on two lots with a 20.1 metre frontage ( approx ), the site features dual street access via Herbert Street and Abbott Street.

Enjoy afternoons exploring the greenery of New Farm Park, strolling along the riverfront or watching a show at Brisbane Powerhouse. Brunswick Street, James Street and Howard Smith Wharves are nearby, offering spectacular shopping, dining and entertainment options, and the CBD is just moments away.

Buy one or buy both, this versatile offering poses a number of saleable options;

? 1 x 734sqm block on two lots
? 1 x 434sqm with partially demolished character home
? 1 x 300sqm vacant land

A remarkable opportunity offering unrivalled potential in a prestigious precinct, this blank canvas offers but is not limited to;

? Rare 734sqm block on two lots with dual street access
? 20.1m frontage ( approx ) on Abbott and Herbert Street
? Abbott Street | 434sqm with partially demolished home
? Herbert Street | 300sqm vacant land
? Multi Residential development opportunities available (STCA)
? Current DA Approval for two luxury homes designed by Invilla
? Zoned Low-Medium Density Residential (2 or 3 storey mix)
? Bring your architect and build your dream home
? Walk to New Farm Park, riverwalk, buses, CityCat and top schools
? Close to Merthyr Village, James St, Howard Smith and the CBD

Auction, Tuesday 12th September, The Calile Hotel from 5:30pm, if not SOLD prior.

To obtain further information or to arrange a private inspection, please contact Matt Lancashire on 0416 476 480.

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes. *Plans and building subject to council approval.

Property History for 31 Abbott St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Transferred
$3,850,000
12 Sep 2023
Listed for Rent
$320/w
01 Mar 2021
  • 12 Sep 2023
    Transferred for $3,850,000
  • 18 Aug 2023
    Listed for Sale Under Contract
  • 03 Aug 2021
    Sold for $3,600,000
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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 7,928 properties. Over the last 5 years, Houses in New Farm have seen a 69.80% increase in median value, while Units have seen a 85.55% increase. As at 30 November 2025:

  • The median value for Houses in New Farm is $2,788,626 while the median value for Units is $1,183,443.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 21 properties listed for sale, and 19 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 324 properties were sold in the past 12 months in New farm.

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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.