31 Balfour St, New Farm is a 3 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 417m2. While the property is not currently for sale or for rent, it was last sold in November 2017.
Located in the inner city suburb of New Farm, this one bedroom flat is located close to everything. It's location is one of the closest to the city that New Farm offers and is in the heart of the Brunswick Street theatre precinct which is evolving into what will be the next 'James Street' in years to come.
Unit 3 is presented in very sound condition throughout, with great bones and lovely character features including timber floors and high ceilings. Downstairs, there is plenty of storage and a laundry with ample yard space to the rear.
All of these great features come within just 1.3km of the Brisbane GPO and literally footsteps to all that New Farm has to offer, whether it be it's vast array of dining options, transport, great schools, parks or the impending Howard Smith Wharves development, which is just 250m from the door!
No need for a car when you can literally walk to everything you need in life!
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 7,938 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:
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