4/40 Gilbey Lane, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

4/40 Gilbey Lane
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Land area: 114m2
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Property Details for 4/40 Gilbey Lane, New Farm

4/40 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 114m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2014
Floor Size
78m2
Land Size
114m2
Local Government
Brisbane
Lot/Plan
4/SP245509

Last Listing description (February 2026)

Positioned within the sought-after Bowen Quarter precinct, this unfurnished two-bedroom apartment offers contemporary living with an emphasis on space, natural light, and seamless indoor-outdoor flow. Designed for comfort and functionality, the home is ideal for professionals or couples seeking a premium lifestyle close to Brisbane's inner-city amenities.

The open-plan living and dining area flows effortlessly to a generously sized covered balcony, perfect for entertaining or relaxing year-round. The modern kitchen is well appointed with quality appliances and ample storage, while the thoughtful layout provides excellent separation between living and sleeping zones.

Features and benefits include:

- Unfurnished two-bedroom, two-bathroom apartment
- Master bedroom with ensuite and built-in robe
- Second bedroom with built-in robe and easy access to main bathroom
- Modern kitchen with gas cooktop, dishwasher, and island bench
- Light-filled open-plan living and dining area
- Expansive covered balcony with integrated laundry facilities
- Air-conditioning to living area and bedrooms
- Secure single car space
- Well-maintained complex with lift access

Located in the heart of New Farm, this apartment enjoys a vibrant inner-city lifestyle with cafs, restaurants, parks, and riverwalks all nearby. Public transport options are easily accessible, and the Brisbane CBD is just minutes away, making this an ideal base for city living.

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Whilst every care is taken in the preparation of the information contained in this marketing, Harcourts Solutions will not be held liable for any errors in typing or information including alterations made to the property, and any inclusions that may not be represented in this advertisement. All interested parties should rely upon their own enquiries to determine whether or not the property and utilities (including available internet options) are suitable for their needs.

Property History for 4/40 Gilbey Lane, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$930,000
28 Oct 2024
Listed for Rent
$850/w
16 Feb 2026
  • 06 Feb 2026
    Listed for Rent $850 / week
  • 28 Oct 2024
    Sold for $930,000
  • 23 Oct 2024
    Listed for Sale For Sale By Negotiation
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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 7,941 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 39 properties listed for sale, and 16 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.

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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.