50/176 Sydney Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

50/176 Sydney Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 69m2
Land area: 95m2
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Property Details for 50/176 Sydney St, New Farm

50/176 Sydney St, New Farm is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 95m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
1998
Floor Size
69m2
Land Size
95m2
Local Government
Brisbane
Lot/Plan
50/SP118989

Last Listing description (August 2013)

ICONIC NEW FARM LIVING
The Powerhouse Terraces are a fixture of New Farm's high demand for exclusive apartment living. A leafy icon on the river end of the suburb, the complex boasts a variety of city views and close proximity to all of the iconic features of the peninsula. It's not often that you find an opportunity like this. As one of the original split-level developments in the region, Unit 50 blends the designer features of industrial fittings, exposed beams and polished floors with the warmth, security and comfort expected of a landmark address. Strategically designed for comfort and space, this superb apartment has a fully-equipped kitchen that comes complete with storage and dishwasher. The two bedrooms are perched on the top level, away from the socialising below, and are perfect as a quiet getaway when one just wants be at peace.You will be equally at ease entertaining or enjoying the best of the suburb. From the spacious balcony overlooking the common courtyard and oversize pool to the nearby New Farm Park, acclaimed restaurant precinct, and Brisbane's cultural icon, the Powerhouse. If you simply must leave the comfort of the suburb, you're spoilt for choice with nearby ferries and buses to take you the CBD only minutes away. The secret may be out on what makes New Farm such a high-demand destination suburb, but Unit 50 is only just being released to the market and this is your chance to beat the rush. Although reluctant to say goodbye, the owner has decided that it is time to move on, offering Unit 50 for sale under the hammer at public auction. This rare offering is ready to move into as your new home, or turn over to the high local demand for rental properties. As a motivated seller, the owner is very much open to offers of purchase prior to August 8th. Don't miss your opportunity to secure a quality apartment on one of Brisbane most wonderful tree-lined streets. Unit 50 is the complete package; a place to relax, a place to enjoy, and most importantly, a place that is entirely yours.DISCLAIMER: Your details may be used for promotional purposes by our office to keep you advised as to market trends and conditions. Please advise the agent if you do not want this to occur, or click unsubscribe' on any marketing emails.

Property History for 50/176 Sydney St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$470,000
07 Aug 2013
Listed for Rent
$500/w
26 Jun 2013
  • 07 Aug 2013
    Sold for $470,000
  • 17 Jul 2013
    Listed for Sale Not Disclosed
  • 30 May 2013
    Listed for Rent - Price not available
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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 7,941 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 39 properties listed for sale, and 16 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 315 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.