62 Abbott Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

62 Abbott Street
New Farm QLD 4005

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 372m2
Land area: 455m2
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Property Details for 62 Abbott St, New Farm

62 Abbott St, New Farm is a 5 bedroom, 3 bathroom House and was built in 1920. The property has a land size of 455m2 and floor size of 372m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
House
Year Built
1920
Floor Size
372m2
Land Size
455m2
Local Government
Brisbane
Lot/Plan
126/RP8789

Last Listing description (April 2024)

Offered to the market for the first time in more than six decades, this property represents one of the final opportunities to purchase and develop on prominent Abbott Street, New Farm.

1920s cottage that hasn't been renovated by the current owners in 60 years. This unassuming cottage comprises four bedrooms and one bathroom, sitting upon a 455sqm allotment in the heart of New Farm. Appealing to developers, investors and homeowners alike, this property is the perfect project, awaiting a new lease of life through renovation, extension or a complete redevelopment (subject to relevant approvals).

A location synonymous with luxury and leisure, residents will enjoy New Farm Park, Brisbane Powerhouse, New Farm Bowls Club and New Farm Riverwalk within easy walking distance.

Local attractions including Merthyr Village, New Farm Cinemas, Howard Smith Wharves, Gasworks and the James Street shopping and entertainment precinct are within minutes, while New Farm State School and esteemed private schools are moments away. Well positioned for commuters, this property is less than three kilometers from Brisbane CBD, with transport options including bus, rail and ferry.

Inclusions:
- Exceptional opportunity in the heart of New Farm
- Offered to the market for the first time in 60+ years
- One of the final developable properties on coveted Abbott Street
- Suitable for renovation, extension or redevelopment (STCA)
- Cottage style home with four bedrooms and one bathroom
- Flat 455sqm allotment with character status
- Walking distance from New Farm Park and New Farm Riverwalk
- Minutes from Brisbane Powerhouse and New Farm Cinemas
- Moments from Merthyr Village and central Fortitude Valley
- Excellent proximity to James Street and Howard Smith Wharves
- Local schools include New Farm State School, All Hallows' School and St Joseph's College
- Less than 3kms from Brisbane CBD, with transport options including bus, rail and ferry

We welcome your inspection - for more information contact Nicholas Given on 0439 193 920

Auction | On-Site Saturday 2nd March at 10am
If not SOLD prior!

Property History for 62 Abbott St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,290,000
02 Mar 2024
  • 02 Mar 2024
    Sold for $2,290,000
  • 05 Feb 2024
    Listed for Sale Under Contract
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About New Farm 4005

The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of 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 7,930 properties. Over the last 5 years, Houses in New Farm have seen a 76.58% increase in median value, while Units have seen a 85.77% increase. As at 31 October 2025:

  • The median value for Houses in New Farm is $2,909,289 while the median value for Units is $1,156,243.
  • Houses have a median rent of $700 while Units have a median rent of $650.
There are currently 32 properties listed for sale, and 20 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.