Back 4/54 Terrace St
Off Market

4/54 Terrace St

New Farm QLD 4005

3
2
2
Townhouse
Last sold for $1,740,000
Ben LobieBen Lobie, last sold this property on 30 June 2025 after 21 days on market.

Overview

Contemporary townhome with secure double garage and north-east facing terrace

THE BUILDING 'Terrace Villas' is a secure complex of boutique residences, including five tightly held townhomes - none of which have sold in six years. It is known locally for its contemporary design and convenient location. THE RESIDENCE Townhouse 4 is postioned at the rear of the complex, across three generous levels. It is designed to provide multiple spacious indoor living spaces and outdoor entertaining areas - highlighted by a large north-east facing terrace. With three bedrooms upstairs and a separate living/media room downstairs, the layout is ideal for anyone seeking a highly functional, inner-city home. • Secure oversized double-garage with room for further storage or a work bench • Living area opens to north-east facing terrace • Gallery style entrance foyer • Ground floor space can be configured as a media/family/rumpus room • Well equipped kitchen has ample cabinetry and bench-space, further breakfast bar on adjacent balcony • Master suite includes ensuited bathroom, walk-in robe and private balcony • Practical main bathroom appointed with bath tub • Practical second bathroom with skylight • Air conditioning and ceiling fans throughout • Utility room, powder room and storage facilities THE LOCATION Terrace Villas is positioned perfectly in between New Farm's lifestyle precincts. • 400m from the lifts to the Howard Smith Wharves precinct and New Farm Riverwalk • 500m from New Farm State School • 600m from the James Street precinct • 1km to New Farm Park, Merthyr Village and Sydney Street's cafes You are also just 200m from public transport and further cafes/restaurants on Brunswick Street. Disclaimer - We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information provided.

Features

3 bedrooms
2 bathrooms
2 carspaces
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in New Farm over the last 12 months, the estimated median property value of 4/54 Terrace St is $1.85m.

Median value
$1.85m
Estimated value range
$1.74m - $2.45m
Median days on market
22
Estimated value trend
-7%
decrease 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 4/54 Terrace St

2025
Sold
$1,740,000
Private Sale/Treaty on 30 Jun 2025 by Ben Lobie, of Rissman Property
2019
Sold
$1,025,000
01 Sep 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 3 bedroom townhouses in New Farm

In the last 12 months, 7 three-bedroom townhouses similar to 4/54 Terrace St, have been sold.

This represents a 42% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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