Back 20/10 Bailey St
Off Market

20/10 Bailey St

New Farm QLD 4005

1
1
45 m²
1226 m²
Unit
Last sold for $487,000
Dean YesbergDean Yesberg, last sold this property on 25 September 2025 after 27 days on market.

Overview

SOLD BY DEAN YESBERG & BEN YESBERG

Chaseley is a small old-world boutique complex located on quiet Bailey Street. Perfectly positioned just minutes from New Farm Park, Merthyr Village and the James Street precinct, this one-bedroom apartment presents an exceptional opportunity for entry-level first home buyers, young professionals and investors alike to get into the New Farm market. The apartment has a smart, functional layout, that maximises space to deliver both comfort and efficiency. The kitchen is well-appointed with gas cooktop and ample storage. The good-sized bathroom has floor-to-ceiling tiles. Comfort is assured with split-system air-conditioning. The building is secure and well-maintained, offering peace of mind, low body corporate fees and a relaxed lifestyle just moments from everything New Farm has to offer. - Boutique, well-maintained, secure building of just 24 apartments - Secure 5sqm ground-floor storage room - Bike storage plus shared coin-operated laundry on the ground level - Pet-friendly complex - Low Body Corporate fees - approx. $800 per quarter - Current tenancy in place until December 2025, returning $260 per week - Potential rental appraisal: $400-$450 per week Location - 199 Bus Stop - approx. 100m - Idle Bakery, Cartel De Taco, Chargrill Charlie's - the newest and best eateries, all within 300m - Merthyr Village (Coles, New Farm Deli) - approx. 300m - New Farm Park - approx. 500m - New Farm Riverwalk - approx. 500m - New Farm Park Ferry Terminals - approx. 750m - James Street Precinct & The Calile Hotel - approx. 1km - Brisbane Powerhouse - approx. 1km So close to great public transport, schooling, a multitude of great restaurants/cafes, shopping and walk/bikeways. No need for a car in a location this close to everything. Opportunities to buy in such a fantastic location in New Farm at this value are super rare. For further information and inspections, contact Dean Yesberg on 0408 558 882 or Ben Yesberg on 0439 797 166. DISCLAIMER: While every effort has been made to ensure the accuracy of the information contained about this property, it does not constitute any warranty or representation by the vendor or agent. All information contained herein is gathered from sources we consider to be reliable. All interested parties must solely rely on their own inspections, enquiries, and searches with all relevant authorities.

Features

1 bedroom
1 bathroom
45 m² floor area
1226 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in New Farm over the last 12 months, the estimated median property value of 20/10 Bailey St is $650k.

Median value
$650k
Estimated value range
$487k - $975k
Median days on market
17
Estimated value trend
10%
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 20/10 Bailey St

2025
Sold
$487,000
25 Sep 2025 by Dean Yesberg, of Ray White City Living
2021
Rented
Undisclosed
Leased on 03 Jan 2021
2019
Rented
Undisclosed
Leased on 15 Dec 2019

Happy sellers in New Farm

87%
87% 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 26 reviews in New Farm over the last 12 months.

Local market activity for 1 bedroom units in New Farm

In the last 12 months, 7 one-bedroom units similar to 20/10 Bailey St, have been sold.

This represents a 20% increase in one-bedroom units sales when compared to the previous 12 months.

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