54 Welsby StreetNew Farm QLD 4005
Property Details for 54 Welsby St, New Farm
54 Welsby St, New Farm is a 4 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 506m2 and floor size of 250m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (September 2023)
Demolition approval on prime 506m2 parcel of land with city views and 10.1m2 frontage. Perfectly positioned in the heart of New Farm, Welsby Street offers every convenience of the 4005. Leave your car at home and stroll to the New Farm Deli, the New Farm Park, Coles, Lindsay's New Farm Shoe Service and so much more
With recent sales of finished products up there around $4million, Welsby Street is now a street proving value. The opportunity of sending the kids off to pick up some bread and milk early in the morning without too much worry is, for us parents, a God send.
From the street, 54 Welsby presents likened to an old brick home but is actually a pre-war cottage. However, not much of the ol' girl is left, it's been pretty well changed over the decades and for me this is where the opportunity lies.
Renovate or potentially detonate?
Ivo Kornel - 0412 301 439
Property History for 54 Welsby St, New Farm, QLD 4005
- 31 May 2023Sold for $2,300,000
- 21 Jun 2022Listed for Sale Sale by Negotiation
- 24 Mar 1981Sold for $47,000
Recent sales nearby
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0About 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 60.24% increase in median value, while Units have seen a 81.54% increase. As at 30 June 2026:
- The median value for Houses in New Farm is $3,311,818 while the median value for Units is $1,246,630.
- Houses have a median rent of $1,000 while Units have a median rent of $680.
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