8/57 Welsby Street, New Farm, QLD 4005 | Property Value & History | OnTheHouse
 
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8/57 Welsby Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 92m2
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Last updated 10 Aug 2026
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Property Details for 8/57 Welsby St, New Farm

8/57 Welsby St, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 92m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
1985
Floor Size
57m2
Land Size
92m2
Local Government
Brisbane
Lot/Plan
8/BUP9786

Last Listing description (December 2023)

Perfectly positioned this property is all about location, location!

A small complex of only 8 units, the home offers privacy positioned at the back of the block. A back courtyard common area which you can use as your own inner-city backyard and for entertaining. An extra long lock-up garage allows extra space for storage or you can add additional workshop/study/multi-purpose room.

Walking distance to all amenities, only 250 metres to New Farm Shopping Village, 250 metres to New Farm Park, 450 metres to Teneriffe-New Farm River Walk and 600 metres Brisbane Powerhouse.

- Newly painted throughout
- Polished wood floors
- Air-conditioned living area, private balcony
- Dishwasher, washer-dryer machine
- Very spacious primary bedroom with built-in wardrobes
- Large lock-up garage + storage
- Low body corporate fees

KEY LOCATIONS:
250m - New Farm Park
250m - Coles & Merthyr Village Shops
450m - New Farm-Teneriffe Riverwalk
600m - Powerhouse
800m - New Farm State School
900m - City Cat
900m - New Farm Cinemas
1.4km - 'James Street' lifestyle precinct, bars & dining
1.6km - Howard Smith Wharves
2.0km - Gasworks Plaza Newstead precinct
2.0km - Brunswick Street Mall & Chinatown
2.5km - Brisbane CBD
3.2km - Queen Street Mall, Queens Plaza
3.2km - RBW Hospital
18 mins - Drive to Brisbane Airport

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Property History for 8/57 Welsby St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$580,000
03 Nov 2023
  • 03 Nov 2023
    Sold for $580,000
  • 28 Sep 2023
    Listed for Sale UNDER CONTRACT
  • 30 Apr 2021
    Sold for $468,888
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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 7,938 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.
There are currently 43 properties listed for sale, and 18 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 322 properties were sold in the past 12 months in New farm.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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