7/578 Lower Bowen TerraceNew Farm QLD 4005
Property Details for 7/578 Lower Bowen Tce, New Farm
7/578 Lower Bowen Tce, New Farm is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1988. The property has a land size of 130m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
Last Listing description (December 2016)
This will sell. Take advantage of an opportune buying time and record low interest rates and secure your very own patch of New Farm grass. Offering exceptional value, you can enjoy the New Farm lifestyle without the associated price tag!
Positioned at the far end of the complex with only one adjoining neighbour and away from the street number 7 is the pick of the crop.
Down stairs welcomes you to open plan living with a very nicely sized modern kitchen, situated next to a 20-25m2 grassed court yard and garden beds that make this home feel like a little house. Wonderfully private, this home epitomises everything the entertainer could ask for.
With complete off street privacy this home's security is of a very high standard and can be locked up and left at a whim for those who love to get away on weekends.
Additional features: Cheap body corporate, 1 internal garage, plus laundry space, Split system air-conditioning/heating throughout.
This is an exceptional opportunity to secure an increasingly rare, inner-city apartment alternative, that's low maintenance and very well proportioned. With a committed owner please do yourself a favour and inspect today, as this property won't be on the market for long.
Currently tenanted for $550 per week until 2nd of November 2015.
Property History for 7/578 Lower Bowen Tce, New Farm, QLD 4005
- 05 May 2015Sold for $655,000
- 22 Apr 2015Listed for Sale $669,000
- 17 Oct 2014Listed for Rent - Price not available
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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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