492 Bowen Terrace, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

492 Bowen Terrace
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 238m2
Land area: 511m2
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Property Details for 492 Bowen Tce, New Farm

492 Bowen Tce, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1920. The property has a land size of 511m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in September 2001.

Building Type
Unit
Year Built
1920
Floor Size
238m2
Land Size
511m2
Local Government
Brisbane
Lot/Plan
2/RP53124

Last Listing description (February 2026)

***Rent increasing to $575 per week form 30th of August 2026***

Tucked away in a charming, small complex in the heart of New Farm is this unfurnished 1 bedroom hidden gem. In the most sought after suburb in Brisbane that ticks all the boxes for comfort, space, and lifestyle!

Features youll love:

- Your own private courtyard perfect for morning coffees, pot plants or lazy weekends.
- Ceiling fans to keep things breezy.
- Spacious open-plan living area plenty of room to stretch out or entertain.
- Large bathroom to help you prepare for the day!
- Built-in wardrobe plus plenty of storage throughout.
- Flooded with natural light feel-good vibes all day long.
- Gas stove top for fast, effortless and endless meal creations!
- Space for your laundry machine onsite! No late night walks to the laundromat!
- Single car space no need to play the New Farm parking lottery.
- Water bills included in rent.
- Split system air con in lounge room!

What's nearby?!

New Farm Park & Brisbane Powerhouse - Just a short stroll away, New Farm Park offers wide green lawns, riverside views, and picnic-perfect shady spots. Adjacent is the iconic Brisbane Powerhouse, New Farms celebrated cultural hub hosting live music, theatre, art exhibitions, and community events.

Howard Smith Wharves & River Access
Under the escarpment of Bowen Terrace, the Howard Smith Wharves waterfront precinct brings restaurants, bars, breweries, and riverside dining into easy reach ideal for a sunset drink or casual weekend spot.

Brunswick Street & James Street Precinct
A short walk grants access to Brunswick Street, New Farm/Fortitude Valleys epicentre of nightlife, eclectic cafes, and eateries. Nearby James Street boasts boutique fashion, gourmet coffee and patisseries to explore.

Merthyr Village & Local Amenities
Practical daily conveniences such as Coles, local cafs, a cinema, a chemist, newsagency and AUSPOST, library and boutique shops at Merthyr Village are just minutes away, keeping everything from errands to weekend treats nearby.

Schools & Childcare
Excellent education nearby includes Lourdes Hill College, All Hallows, Music Industry College, and Fortitude Valley State Secondary College within about 1.22km.

Convenient Transport Links
Located less than 3km from the Brisbane CBD, Bowen Terrace connects easily via the CityCat ferry access, extended bus hours on the CityGlider making inner-city commuting a breeze! Plus a few minutes on an E-Scooter to get to Fortitude Valley, CBD or Newstead!

Enquire now to book your inspection! Contact Metrocity Realty to see how you can apply before viewing to get ahead of the pack as this one won't last long!

Property History for 492 Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$910,000
05 Sep 2001
Listed for Rent
$595/w
29 Nov 2025
  • 02 Feb 2026
    Listed for Rent $550 / week
  • 08 Oct 2025
    Listed for Rent $595 / week
  • 26 Jul 2025
    Listed for Rent $550 / week
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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 7,931 properties. Over the last 5 years, Houses in New Farm have seen a 61.90% increase in median value, while Units have seen a 92.30% increase. As at 31 January 2026:

  • The median value for Houses in New Farm is $2,794,630 while the median value for Units is $1,227,049.
  • Houses have a median rent of $715 while Units have a median rent of $650.
There are currently 28 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 314 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.