7/31 Browne StreetNew Farm QLD 4005
Property Details for 7/31 Browne St, New Farm
7/31 Browne St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1987. The property has a land size of 48m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (September 2022)
Set on the top floor of the well-maintained Griffith Lodge building, this extremely neat and newly refurbished apartment represents a fantastic entry point home to move into once the lease is up or a potential-packed investment opportunity to continue to rent out.
Open plan living with east-facing windows to bring in an abundance of light
Updated kitchen with electric cooktop
Laminated timber flooring
Cosy built-in 'study-nook' at the back of the master bedroom
A n abundance of convenient storage provided by spacious, tall free-standing cupboards
Air-conditioning and two ceiling fans
Undercover car park
Low Body Corporate Fees
Great tenant in place until 13/07/2022, on a periodic lease returning $350/wk ( tenant would be happy to extend their time at the property, should an investor see fit )
Updated market rental appraisal sitting at $370-$390 per week
Positioned on the top floor (No lift)
12 properties in the building
850m from New Farm Park
400m from Five Star Cinemas
1.4ks from James Street Market
Apartment 7 represents an opportunity to acquire the kind of lifestyle people long for, as you enjoy a central position to all that the desirable New Farm has to offer. Walk to the city, bus, ferry, shops, parks, restaurants & cinemas. Take your pick of the HS Wharves, Merthyr Village, or James St precincts to enjoy your days.
Property History for 7/31 Browne St, New Farm, QLD 4005
- 20 Aug 2022Sold for $360,000
- 30 Jun 2022Listed for Sale Offers Over $365,000
- 28 Nov 2019Listed for Rent $320 / week
Recent sales nearby
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0About 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 7,933 properties. Over the last 5 years, Houses in New Farm have seen a 61.90% increase in median value, while Units have seen a 92.30% increase. As at 31 January 2026:
- The median value for Houses in New Farm is $2,794,630 while the median value for Units is $1,227,049.
- Houses have a median rent of $715 while Units have a median rent of $650.
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