Back 121 Heal Street
Off Market

121 Heal Street

New Farm QLD 4005

4
1
0 m²
711 m²
House
Last sold for $3,400,000
Aaron WoolardAaron Woolard, last sold this property on 12 January 2026 after 5 days on market.

Overview

Blue Chip Address on 711sqm with Side Access and Queenslander Appeal

Positioned on a substantial 711sqm parcel with an approximate 12 metre frontage, 121 Heal Street represents a calibre of New Farm landholding that is increasingly difficult to secure. Elevated above the street with city glimpses and framed by a mix of restored character homes and contemporary residences, this traditional Queenslander occupies a site where scale, outlook and long-term potential take clear precedence. Internally, the home follows a classic Queenslander layout, with interconnected living and dining spaces arranged beneath high ceilings and traditional VJ walls. Original details, including a fireplace, speak to the home's early origins, while the current configuration remains largely intact and functional. The proportions and flow reflect a home that has been well held, offering clarity around its existing footprint and flexibility in how the spaces may evolve over time. Outdoors is where the scale of the offering becomes immediately apparent. Extending approximately 57 metres in depth, the rear yard is predominantly level and framed by established trees, delivering a sense of openness rarely found in inner New Farm. The expansive grounds provide outstanding scope for landscaping, outdoor entertaining, a swimming pool or future building works, subject to council approval, while side access enhances the overall functionality of the site. The location is equally compelling. New Farm Park, river walks, Merthyr Village and the dining and lifestyle precincts of Howard Smith Wharves, James Street and Gasworks are all within walking distance, while bus services, CityCat and straightforward connectivity provide quick access to the CBD. The property sits within the New Farm State School catchment and close to Holy Spirit School, with convenient access to a range of respected inner-city and private schooling options. This is a property for buyers who understand New Farm and recognise the long-term value of land, elevation and address. Opportunities of this scale and position are rarely offered. Enquire to explore the potential and secure a tightly held holding in one of Brisbane's most enduring blue-chip suburbs. Disclaimer: This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Features

4 bedrooms
1 bathroom
0 m² floor area
711 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in New Farm over the last 12 months, the estimated median property value of 121 Heal Street is $4.1m.

Median value
$4.1m
Estimated value range
$2.3m - $25m
Median days on market
27
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New Farm. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 121 Heal Street

2026
Sold
$3,400,000
12 Jan 2026 by Aaron Woolard, of Place Estate Agents - New Farm

Happy sellers in New Farm

86%
86% of sellers in New Farm reported that their sale price either exceeded or met their price expectations.

New Farm stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in New Farm over the last 12 months.

Local market activity for 4 bedroom houses in New Farm

In the last 12 months, 19 four-bedroom houses similar to 121 Heal Street, have been sold.

This represents a 5% increase in four-bedroom houses sales when compared to the previous 12 months.

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