6/54 Terrace StreetNew Farm QLD 4005
Property Details for 6/54 Terrace St, New Farm
6/54 Terrace St, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 113m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (August 2023)
Set within the contemporary "Terrace Villas", this unique apartment is one of only 9 lots spread out across a large parcel of inner-city land.
This impeccably maintained apartment has an abundance of natural light. Showcasing modern innovation with a functional layout, this property delivers privacy and seclusion, whilst being only a short walk from James Street or Howard Smith Wharves.
The open plan layout allows the kitchen to seamlessly flow to the dining and living areas before opening onto the large courtyard area, great for morning coffee in the sun or catching up with friends and family as the sun sets.
A relaxing oasis, the master bedroom boasts balcony access and includes an ensuite. The second bedroom features a built-in robe and is conveniently placed steps from the main bathroom, which doubles as a second ensuite if desired. Fully air-conditioned throughout.
Being part of this boutique complex, you will also enjoy its tropical feel. The 2 carspaces are fully covered from the elements - option to add large storage cage or small shed. Throughout the complex, a sense of community alludes, the building is tightly-held and maintains a high percentage of owner-occupiers.
Positioned close to the renowned entertainment and lifestyle precincts, this is a prestigious location for astute buyers. The delights of the city at your doorstep with easy access to the Brisbane River.
Body Corporate fees are approx. $1416 including insurance per quarter. Council Rates are approx. $505 per quarter (investor).
Currently tenanted on a fixed term Lease until January 2024.
Experience the absolute best of New Farm living, this property is a must inspect, contact James Olsen today.
*This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Property History for 6/54 Terrace St, New Farm, QLD 4005
- 30 May 2023Sold for $785,000
- 12 Apr 2023Listed for Sale UNDER CONTRACT
- 05 Oct 2021Listed for Rent $475 / week
Recent sales nearby
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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 7,942 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.
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