5/57 Welsby Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

5/57 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 92m2
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Property Details for 5/57 Welsby St, New Farm

5/57 Welsby St, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 92m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1970
Floor Size
92m2
Land Size
92m2
Local Government
Brisbane
Lot/Plan
5/BUP9786

Last Listing description (July 2026)

Few suburbs balance greenery, walkability and inner-city convenience quite like New Farm, and this light filled apartment places it all within easy reach. One of only eight, within a boutique complex on a substantial 1,014sqm allotment, the home introduces an easy sense of liveability with an exciting opportunity to add further value over time.

Open plan living and dining extends across a bright and airy layout designed for effortless everyday living. Polished timber flooring introduces warmth and character, while large windows welcome natural light and cooling cross flow breezes throughout. Opening directly from the living space, the covered and tiled north-east facing balcony creates an inviting extension outdoors, offering a peaceful setting to unwind, enjoy morning coffee or entertain against a leafy backdrop.

Positioned at the centre of the home, the kitchen balances practicality with clean contemporary appeal. Stone benchtops, generous cabinetry and a substantial island bench are paired with an electric cooktop and oven, creating a functional setting for casual dining and day-to-day living.

Two generously proportioned bedrooms each include built-in wardrobes, while the main bedroom also benefits from a ceiling fan. Nearby, the bathroom introduces a fresh and functional feel, complete with vanity storage and a walk-in shower.

Further enhancing practicality, the apartment includes air conditioning to the living area, a separate linen cupboard, security screens and an oversized lock-up garage with valuable additional storage and dedicated laundry space.

The complex itself remains tightly held, set across only two levels on a generous landholding, creating a more private environment rarely found this close to the city.

Positioned within one of Brisbane's most walkable lifestyle precincts, the address places New Farm Park, Riverwalks, Merthyr Village and the New Farm Ferry Terminal moments away, while Howard Smith Wharves, James Street and an exceptional selection of cafs, restaurants and bars remain close at hand. Surrounded by some of the suburb's most loved amenity, the lifestyle on offer is equally connected and convenient.

An exciting opportunity to secure easy-care living in one of Brisbane's most desirable inner-city neighbourhoods. Enquire today.

Property History for 5/57 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$387,500
08 Jun 2020
Listed for Rent
$675/w
15 Oct 2025
  • 10 Jun 2026
    Listed for Sale FOR SALE
  • 15 Oct 2025
    Listed for Rent $675 / week
  • 11 Mar 2025
    Listed for Rent $585 / week
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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 7,939 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 43 properties listed for sale, and 18 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 323 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.