6/598 Lower Bowen Terrace, New Farm, QLD 4005 | Property Value & History | OnTheHouse
 
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6/598 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 83m2
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Last updated 24 Aug 2026
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Property Details for 6/598 Lower Bowen Tce, New Farm

6/598 Lower Bowen Tce, New Farm is a 1 bedroom, 1 bathroom Unit. The property has a land size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Land Size
83m2
Local Government
Brisbane
Lot/Plan
6/SP325046

Last Listing description (April 2026)

Positioned within the tightly held and architecturally restored 'Osmaston' building, this beautifully appointed apartment delivers a rare blend of timeless character and high-end contemporary finishes in the heart of New Farm.

Thoughtfully renovated to an exceptional standard, the home showcases a stunning kitchen and bathroom, finished with premium materials and refined detailing. The kitchen is equipped with quality European appliances and generous storage, while the bathroom presents as a luxurious, hotel-style retreat with elegant fixtures and a sophisticated design.

The light-filled open plan living and dining area creates a welcoming sense of space, flowing effortlessly to a private balcony ideal for relaxed everyday living. The bedroom is well-proportioned and includes built-in storage, completing a highly functional and stylish floorplan.

Set within a boutique complex of just six residences, the building has been meticulously restored, combining its rich Art Deco heritage with modern inclusions such as quality finishes, timber flooring and carefully considered design throughout.

Enjoy an unbeatable lifestyle just moments from New Farm Park, the Brisbane River, Howard Smith Wharves and Merthyr Village, with cafs, dining and public transport all within easy reach.

Property features:

- Designer kitchen with quality appliances and premium finishes
- Beautifully renovated bathroom with high-end fixtures
- Light-filled open plan living and dining
- Private balcony for relaxed outdoor living
- Spacious bedroom with built-in wardrobe
- Boutique, heritage-listed style complex of only six residences
- Blue-chip New Farm location close to lifestyle amenities

Offering a sophisticated inner-city lifestyle with standout finishes and undeniable character, this is a rare rental opportunity in one of Brisbane's most prestigious suburbs.

*Please Note - This is a break lease and rent will increase to $780 per week from 14/01/2027

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Property History for 6/598 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$586,500
08 Sep 2021
  • 30 Mar 2026
    Listed for Rent $675 / week
  • 08 Sep 2021
    Sold for $586,500
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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 7,941 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.
There are currently 44 properties listed for sale, and 18 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 316 properties were sold in the past 12 months in New farm.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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