26 Elystan RoadNew Farm QLD 4005
Property Details for Lot 3/26 Elystan Rd, New Farm
Last Listing description (June 2021)
In a prized location, surrounded by character homes and stunning Moreton bay figs that frame the quiet streetscape of this 875m2 block. Benefiting from its wide frontage the level site provides a myriad of options to the astute buyer with plenty of scope for a variety of designs. Build your dream home, develop or split, this property is sure to meet the needs of your next project.
A dynamite opportunity in the heart of Brisbane's best lifestyle precinct is on the market for the first time in 55 years. This property presents an exceptional value proposition to secure a strong investment site with scope to expand in one of Brisbane's most exclusive inner-city suburbs. Professional town planners have identified a number of potential development scenarios.
This versatile offering poses a number of options not limited to;
• 875sq m corner property in blue-chip New Farm riverside pocket
• Potential renovate, split or redevelop (STCA)
• Bring your architect and build your dream home
• Currently a residential premises of six apartments
• Quiet tree-lined street only footsteps to New Farm Park
• 10 minute walk to Howard Smith Wharves and 15 minute walk to CBD via Riverwalk
For further information or to arrange an inspection, please contact Richard Barlow on 0434 420 856 or Matt Lancashire on 0416 476 480.
Property History for Lot 3/26 Elystan Rd, New Farm, QLD 4005
- 01 Nov 2025Sold for $18,500,000
- 21 Oct 2020Sold for $3,500,000
- 02 Oct 2020Listed for Sale Under Contract
Recent sales nearby
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0About New Farm 4005
The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of 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 7,931 properties. Over the last 5 years, Houses in New Farm have seen a 61.90% increase in median value, while Units have seen a 92.30% increase. As at 31 January 2026:
- The median value for Houses in New Farm is $2,794,630 while the median value for Units is $1,227,049.
- Houses have a median rent of $715 while Units have a median rent of $650.
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