549 Lower Bowen Terrace, New Farm, QLD 4005 sold on 28 November 2025 | OnTheHouse
SOLD
Sold on 28 Nov 2025 for $3,350,000

549 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 513m2
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Property Details for 549 Lower Bowen Tce, New Farm

549 Lower Bowen Tce, New Farm is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1910. The property has a land size of 513m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 2 bedroom House sold in New Farm in the last 12 months.

Building Type
House
Year Built
1910
Floor Size
108m2
Land Size
513m2
Local Government
Brisbane
Lot/Plan
2/RP8734

Last Listing description (January 2026)

Representing outstanding opportunity within a coveted pocket of inner-city New Farm, this original residence is the perfect candidate for a renovation with an approved DA ready to go!

Positioned upon an established 513sqm allotment, and within walking distance of New Farm Park, Merthyr Village and the Brisbane Powerhouse, residents will enjoy a lifestyle of unparalleled convenience. The existing home offers open plan living, a generous kitchen, entertainer's deck, two bedrooms and one bathroom on the upper level.

The property includes a large laundry/utility room, single carport and additional off-street parking. Set on an established block with leafy gardens and an outdoor shed.

Easy walking distance from New Farm Park, New Farm Bowls Club and Brisbane Powerhouse Minutes from Merthyr Village, New Farm Cinema and New Farm Library Moment from James Street, Howard Smith Wharves and Gasworks Plaza Ferry access to West End, Southbank, Bulimba and Hamilton. Less than 3kms from Brisbane CBD, with transport options including bus and rail.

Outstanding opportunity in coveted New Farm
Limitless potential - Renovate (DA Approved)
Flat and useable 513sqm allotment with outdoor shed
Ultra-spacious floorplan, designed for dual occupancy
Open plan living and meals spaces, plus light-filled sunroom

To enquire about this property or arrange an inspection, contact Natalie Rasmussen on 0402 042 972 or Nicholas Given on 0439 193 920.

Property History for 549 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$3,350,000
28 Nov 2025
  • 28 Nov 2025
    Sold for $3,350,000
  • 30 Jun 2025
    Listed for Sale Price on Application
  • 20 Aug 2024
    Listed for Sale Price on Application
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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 7,946 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.
There are currently 49 properties listed for sale, and 26 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.