5/3 Welsby Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

5/3 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 5/3 Welsby St, New Farm

5/3 Welsby St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1993. While the property is not currently for sale or for rent, it was last sold in July 1999.

Building Type
Unit
Year Built
1993
Local Government
Brisbane
Lot/Plan
5/BUP13114

Last Listing description (June 2020)

Spacious Unit in Heart of New Farm

This modern cavity brick first floor apartment has been designed to offer an open plan interior, neutral finishes and a large balcony for alfresco living. Set in this sought-after location only meters to New Farm shopping village, cafes, transport, park and river.


- First floor apartment provides generous indoor/outdoor space

- Open plan living leads to large balcony with leafy aspect

- Quality styling, highlighting functional living area

- Two double built-in bedrooms, each with balcony

- Air conditioned lounge and dining, neutral palette

- Tiled bathroom/laundry and additional ensuite

- Kitchen features timber, electric oven and separate hot plates

- Intercom security

- Lock-up remote garage and ample visitors parking

- Stroll to river, park, shops, cafes, restaurants and bus

Property History for 5/3 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$165,000
15 Jul 1999
  • 26 May 2020
    Listed for Rent $430
  • 06 Apr 2019
    Listed for Rent - Price not available
  • 17 Aug 2018
    Listed for Sale Not Disclosed
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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 7,936 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 42 properties listed for sale, and 19 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 320 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.