8/497 Bowen TerraceNew Farm QLD 4005
Property Details for 8/497 Bowen Tce, New Farm
8/497 Bowen Tce, New Farm is a 2 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 2 bedroom Unit sold in New Farm in the last 12 months.
Last Listing description (October 2025)
Positioned in a boutique complex of just 8, this ultra-desirable top-floor apartment blends timeless character with modern comfort � offering a rare lifestyle opportunity in one of Brisbane's most sought-after suburbs.
Filled with natural light and rich in charm, the home features classic design elements including soaring high ceilings, polished hardwood floors, French doors, ornate picture rails, wall panelling, and vintage brass light switches. Whether you're a first home buyer, investor, or downsizer, this move-in-ready residence is a perfect fit.
The practical floorplan includes:
� A spacious open-plan living and dining area
� A versatile enclosed sunroom ideal as a home office or reading nook
� A well-appointed kitchen with updated gas cooking and plenty of storage
� Two generously sized bedrooms, with the main opening to a private balcony
� A neat and tidy bathroom
� A separate internal laundry
� Easy access to the apartment by dual staircases (front and back)
Freshly updated with neutral paintwork, brand new carpet, quality window furnishings, and air-conditioning, the home offers an immediate sense of comfort and style.
Location Highlights:
Enjoy unbeatable walkability with New Farm Park, Merthyr Village, the Brisbane River Walk, and Howard Smith Wharves all just moments from your door. You'll also benefit from easy access to public transport (bus, ferry, and rail) and placement within the coveted New Farm State School catchment.
Additional Features:
� Quiet top-floor position in a recently repainted, well-maintained complex
� Affordable body corporate fees
� Vacant and ready for immediate move-in or rental
� No exclusive car park, but easy parking on the street
Don't miss this rare opportunity to secure a character-filled home in a blue-chip location.
For more information or to arrange an inspection, contact Daniel Waters today.
Key Information:
Year Built: Circa 1930's
Units in Complex: 8
Aspect: South/East
Council Rates: $550.80/Qtr approx.
Body Corporate Fees: $815.62/Qtr approx.
Current Sinking Fund Balance: $13,876 approx.
Rental Return: $625-675 per week approx.
School Catchments: New Farm State School, Fortitude Valley Secondary College
Property History for 8/497 Bowen Tce, New Farm, QLD 4005
- 09 Oct 2025Sold for $825,000
- 15 Sep 2025Listed for Sale Offers over $769,000
- 15 Jun 2023Listed for Rent $550 / week
Recent sales nearby
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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 7,946 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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