5/497 Bowen Terrace, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

5/497 Bowen Terrace
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 54m2
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Property Details for 5/497 Bowen Tce, New Farm

5/497 Bowen Tce, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1930. The property has a land size of 54m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in September 2020.

Building Type
Unit
Year Built
1930
Floor Size
52m2
Land Size
54m2
Local Government
Brisbane
Lot/Plan
5/BUP101327

Last Listing description (February 2024)

This historic property exudes character and offers a unique living experience providing ample space for comfortable living.

As you step inside, you will be greeted by beautiful hardwood flooring, adding warmth and elegance to the interiors. The open floor plan seamlessly connects the living, dining, and kitchen areas, creating a spacious and inviting atmosphere.

The bedroom provides a cozy retreat for relaxation. The bathroom is modern and features all the necessary amenities for your convenience.

Located in the sought-after suburb of New Farm, this property offers a fantastic lifestyle opportunity. Enjoy the vibrant cafes, restaurants, and boutique shops that line the nearby streets. Take a leisurely stroll along the Brisbane River or visit the iconic New Farm Park, just a short distance away.

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Property History for 5/497 Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$431,000
12 Sep 2020
Listed for Rent
$530/w
04 Feb 2024
  • 22 Jan 2024
    Listed for Rent $530 / week
  • 25 Sep 2020
    Listed for Sale Expression of interest
  • 12 Sep 2020
    Sold for $431,000
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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 7,930 properties. Over the last 5 years, Houses in New Farm have seen a 76.58% increase in median value, while Units have seen a 85.77% increase. As at 31 October 2025:

  • The median value for Houses in New Farm is $2,909,289 while the median value for Units is $1,156,243.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 32 properties listed for sale, and 20 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 319 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.