7/582 Lower Bowen Terrace, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

7/582 Lower Bowen Terrace
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 130m2
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Property Details for 7/582 Lower Bowen Tce, New Farm

7/582 Lower Bowen Tce, New Farm is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1989. The property has a land size of 130m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Townhouse
Year Built
1989
Floor Size
94m2
Land Size
130m2
Local Government
Brisbane
Lot/Plan
7/BUP9254

Last Listing description (November 2025)

The perfect alternative to house or apartment living, this superb townhome captures the essence of New Farm life, relaxed, private, and perfectly positioned just steps from the riverfront, New Farm Park and Merthyr Village. Tucked within a boutique complex of only seven, it enjoys just one adjoining neighbour, offering peace and privacy in a blue-chip setting.

Spread across three spacious levels, the home balances comfort and convenience. The mid-level is made for living and entertaining, with open plan spaces flowing to a stone-top kitchen featuring updated appliances. Step outside to a sunny courtyard and garden, the perfect spot for morning coffee or evening drinks. Upstairs, two bedrooms and two bathrooms provide calm and separation, including a generous main bedroom with ensuite and air conditioning. Adding to its appeal, the property includes a solar power system, ensuring energy efficiency and reduced running costs. Downstairs, an oversized garage offers secure parking with an automatic door, internal access, and a convenient laundry.

A home that blends lifestyle and location, it's easy to see why this address is one of New Farm's most desirable finds.

SUBURB FEATURES

Lifestyle
Multitude of cafs, restaurants, bars and specialty shops
Walking distance to Brisbane CBD, Gasworks Plaza Precinct, James Street Precinct and Fortitude Valley
Walking distance to Riverwalk, New Farm Park and Howard Smith Wharves
Easy access to public transport network
Easy access to ICB & Kingsford Smith Drive, M7 and Airport Link Tunnel

Transportation
2 km ( 5min drive) to Brisbane CBD
17 km (20 min drive) to Brisbane Airport
2 km (7 min drive) to Fortitude Valley Train Station
500m (8min walk) to CityCat (ferry) terminal & nearest BCC Bus stop

Education
New Farm State School & Fortitude Valley State School Catchment zone
Proximity to Holy Spirit Primary School New Farm & All Hallows School
Short drive to Brisbane Grammar School, Brisbane Girls Grammar School

To enquire about this property or arrange an inspection, contact myself on 0487 158 879.

Property History for 7/582 Lower Bowen Tce, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$863,000
10 Jul 2023
Listed for Rent
$480/w
11 Jun 2018
  • 16 Oct 2025
    Listed for Sale Coming Soon
  • 10 Jul 2023
    Sold for $863,000
  • 03 Jul 2023
    Listed for Sale Best offers by this Thursday 6th July @12pm
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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 60.24% increase in median value, while Units have seen a 81.54% increase. As at 30 June 2026:

  • The median value for Houses in New Farm is $3,311,818 while the median value for Units is $1,246,630.
  • Houses have a median rent of $1,000 while Units have a median rent of $680.
There are currently 47 properties listed for sale, and 19 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 325 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.