73 Terrace StreetNew Farm QLD 4005
Property Details for 73 Terrace St, New Farm
73 Terrace St, New Farm is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 301m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (March 2023)
With a small-town quality of life, and where shopping/school/caf options are incredibly abundant, this home is tucked away from the hustle and bustle of inner city living.
School drop-offs have never been so easy! Now you have that extra 20 minutes to sit and have a coffee before you head off to the office. Although you might run your business from home since you have two rooms downstairs to choose from to create your work-from-home space.
The kids are able to walk home from school themselves, giving you a moment to do a quick grocery shop down at Merthyr Village some steaks from Peter Augustus and the freshest produce to be found at All About Fruit (afterwards you sneak into the fashion boutiques and grab a new book from the well-stocked shelves at Mary Ryan).
Savvy owner-occupiers recognise that house values in the ever-popular suburb of New Farm (currently sitting at a median price of $2.8m, and with fewer than 50 houses selling in the last year) are consistently on the increase.
YOU'LL LOVE . . .
+ Adding even more value to this already sensational property
+ The low upkeep - everything's been done for you!
+ Being able to see the kids playing in the yard while you sit and have a drink on the back deck
+ Great internet connections here - NBN availability
+ A home that appeals to all demographics - downsizers, families of all ages, young couples
INSIDER'S SECRET . . .
+ Saturday afternoons will be well spent taking in the latest blockbuster or arthouse movies at one of your two local cinemas
Property History for 73 Terrace St, New Farm, QLD 4005
- 08 Dec 2022Sold for $1,750,000
- 12 Sep 2022Listed for Sale AUCTION
- 07 Aug 2019Sold for $1,170,000
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0About 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 7,937 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.
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