84 Terrace StreetNew Farm QLD 4005
Property Details for 84 Terrace St, New Farm
84 Terrace St, New Farm is a 12 bedroom, 5 bathroom House with 7 parking spaces. The property has a land size of 864m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (August 2022)
Expressions of Interest ending 11th August 2022 at 2pm.
One of the largest landholdings in New Farm, this tightly-held home and block of flats offers massive potential to redevelop the combined 1,899sqm site. Enjoying an elevated aspect in a quiet street, it is a stroll to the CBD, cafs and New Farm State School.
- Very rare 1,035sqm and 864sqm LMR23 zoned land on two titles
- Scope to build apartments, townhouses, luxury housing (STCA)
- Subdivide, renovate existing home, add recreation facilities
- Comfortable family residence set across two spacious levels
- Full brick and concrete slab construction, suits dual living
- Dwelling at 88 Terrace Street has six income producing flats
- Benefit from attracting rental while planning the next stage
- Off street parking, immense lifestyle appeal, walk to buses
- Close to James and Brunswick streets, Howard Smith Wharves
Property History for 84 Terrace St, New Farm, QLD 4005
- 15 Aug 2022Listed for Sale By Negotiation
- 12 Aug 2022Sold for $4,500,000
Recent sales nearby
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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 7,940 properties. Over the last 5 years, Houses in New Farm have seen a 56.60% increase in median value, while Units have seen a 78.65% increase. As at 31 May 2026:
- The median value for Houses in New Farm is $3,305,444 while the median value for Units is $1,216,853.
- Houses have a median rent of $1,050 while Units have a median rent of $678.
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