5/124 Sydney Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

5/124 Sydney Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 128m2
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Property Details for 5/124 Sydney St, New Farm

5/124 Sydney St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 128m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1998
Floor Size
87m2
Land Size
128m2
Local Government
Brisbane
Lot/Plan
5/SP138564

Last Listing description (December 2024)

Perched privately amongst the treetops, this large park-facing apartment boasts a lifestyle location without equal.

Footsteps from sprawling parklands and the magnificent riverfront, the secure boutique complex offers an endless choice of relaxed cafes, renowned restaurants, shopping precincts, and recreational amenities just beyond the front door.


Occupying a Level 2 position at the front of the building, Residence 5 features an oversized internal floorplan, a huge alfresco entertaining balcony, plus a unique semi-enclosed entry courtyard with multiple uses. Securely store your bikes or E-scooter, enjoy the convenience of a separate covered clothes drying space, or even design another cosy outdoor sitting area.

Beautiful natural light, fresh river breezes, and lush outlooks create a tranquil, welcoming home environment. Finished with smart timber-style floors and Venetian blinds, the open-plan living zone encompasses a spotless kitchen with quality appliances including a stainless steel dishwasher. Floor-to-ceiling glass doors connect both this communal space and the main bedroom with the secluded front entertaining balcony.

Two spacious carpeted bedrooms with mirrored built-in robes enjoy access to their own modern bathroom. The master ensuite boasts a large walk-in shower, while the central bathroom features a bathtub and integrated laundry facilities.

Additional property highlights include secure intercom entry, reverse cycle air-conditioning, plenty of storage, and a remote basement car space. Offering the insulation benefits of solid brick construction, the well-maintained building also features excellent onsite visitor parking and affordable body corporate rates.

Prestigious and picturesque, this perfect address has it all. Grab your morning coffee or a leisurely weekend breakfast from one of the great venues around the corner. Walk in less than 5 minutes to the Coles supermarket, specialty stores, and restaurants at Merthyr Village. Take the dog for a quick park visit at a moment's notice, enjoy waterfront picnics, or an afternoon with friends at the popular New Farm Bowls Club. All are just metres away.

Stroll or cycle along the scenic New Farm and Brisbane Riverwalks, offering swift access to weekend markets, Teneriffe, Howard Smith Wharves and the CBD. And enjoy incredible proximity to Brisbane's finest lifestyle and entertainment precincts including the Powerhouse, Brunswick Street or James Street, Fortitude Valley and Southbank. And for complete convenience, you can walk in moments to bus or City Cat transport, top local schools, and the New Farm Library.

Enjoy the apartment as-is, or take advantage of the opportunity to personalise, enhance and immediately add value. You cannot possibly over-capitalise in such an irreplaceable location. Ready to be occupied, home buyers and investors are encouraged to inspect- this one will not last!

Property History for 5/124 Sydney St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$900,000
10 Jul 2024
Listed for Rent
$750/w
20 Aug 2024
  • 18 Jul 2024
    Listed for Rent $750 / week
  • 10 Jul 2024
    Sold for $900,000
  • 02 Jul 2024
    Listed for Sale FOR SALE
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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 7,944 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 45 properties listed for sale, and 20 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 322 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.