588 Lower Bowen Tce, New Farm is a 4 bedroom, 3 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 560m2 and floor size of 226m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Behind the gorgeous facade, and in one of New Farm's most sought after streets, this spacious and immaculately presented residence combines traditional elegance with chic modernist architecture to create family living at its most luxurious.
Space is of the essence, and the masterful manipulation of materials and design creates an expansive and light filled ambience unique to this house. Clever use of voids and high ceilings incorporate the practicality of separate living on both levels, and this signature Elizabeth Watson - Brown Design sets a true benchmark in architectural virtuoso.
This remarkable home reveals its sheer size and generously proportioned rooms. Raw practicality and easy modern living will warm the heart, as the fluidity of space and light throughout the home enables its occupants to focus on peaceful family living, a clear indication of an intellectual grasp of modern design and architectural brilliance. This high end standard of living continues as you walk down the stairs and immerse yourself in a house that has not compromised practical living for design prowess.
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 7,940 properties. Over the last 5 years, Houses in New Farm have seen a 56.60% increase in median value, while Units have seen a 78.65% increase. As at 31 May 2026:
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