586 Lower Bowen Terrace, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

586 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 238m2
Land area: 711m2
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Property Details for 586 Lower Bowen Tce, New Farm

586 Lower Bowen Tce, New Farm is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 711m2 and floor size of 238m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
House
Year Built
1920
Floor Size
238m2
Land Size
711m2
Local Government
Brisbane
Lot/Plan
1/RP8813

Last Listing description (December 2016)

A big block in one of New Farm s best locations. If you ve been waiting patiently for the right one to pop up, here it is. Sometimes it s impossible to find the family home that ticks every box, but when you walk through this exceptional home on Lower Bowen, you just know it would be lovely to live in. To those who adored the character of New Farm before it became Brisbane's most desired location to live, 586 Lower Bowen Terrace is a shining example as to why. This house is intrinsically New Farm through and through. The owners have been very clear as to their motivation, and are super keen for a result either on or before 11:00am, September 24th.
Modern houses have their own style, however only very few have originality that gets better with age. It's not often that you can walk through the front door of a home, and feel completely immersed in timelessness and flawless space. It features flowing interiors, retained period details and a wonderfully tranquil outdoor area that brings a resort-style quality to the home and makes it a welcome retreat from fast paced city life. 586 Lower Bowen Terrace boasts the charm of yesterday and has been tastefully decorated, where every single part has been polished with meticulous precision. You won't believe the originality which lays a fabulous foundation for whatever option the heart desires.
A versatile two level layout includes separate formal and casual living areas with high ceilings and polished floors. There are four bedrooms, the master has an ensuite and walk-in robe, plus a downstairs living/dining. The kitchen is well appointed with quality fittings and there are two more bathrooms, one on each level, and ducted air-conditioning throughout to top it off.

Situated on a massive 711m2, there s plenty of room for children to play in the backyard. It includes a wide entertainment verandah, sheltered alfresco deck plus a landscaped garden, paved courtyard and double lock-up garage. It also enjoys a quiet yet highly convenient setting, within walking distance to village life, quality schools, the Citycat and the CBD within easy reach. This property offers an easy lifestyle where some of New Farm's cosmopolitan cafes and many of Brisbane's eclectic restaurants are at your doorstep. More importantly, New Farm park is just around the corner, and this pocket of New Farm is known for its peace and privacy.
All in all, this is a very rare find. Traditional concepts fused with contemporary touches showcase this stunning inner-city residence. The elegance of light filled spaces strategically captures the beauty of the leafy surrounds, and a visit to this charming colonial take you back to the charm of the early 1900's, the only difference is the renovation is already done.

Property History for 586 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,100,000
23 Sep 2016
  • 23 Sep 2016
    Sold for $2,100,000
  • 22 Aug 2016
    Listed for Sale Under Contract
  • 28 Nov 2013
    Sold for $1,735,000
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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 7,945 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 48 properties listed for sale, and 22 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 320 properties were sold in the past 12 months in New farm.

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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.