Back 5/417 Bowen Terrace
Off Market

5/417 Bowen Terrace

New Farm QLD 4005

1
1
1
45 m²
Apartment
Last sold for $490,000
Nick MogridgeNick Mogridge, last sold this property on 09 June 2024 after 27 days on market.

Overview

Effortless Inner-City Living

Situated in the heart of New Farm and moments from popular cafés, restaurants and lifestyle amenities, this well-presented residence invites your inspection. Offering effortless, inner-city living, this desirable address boasts light-filled living and meals spaces, a generous kitchen, one bedroom and one bathroom. One of just 20 units located on the top floor of a solid brick complex, this low maintenance residence is complete with a single car space and private balcony. Appealing to the esteemed professional and astute investor, this property offers excellent proximity to Brisbane CBD, with public transport options including bus and ferry. Weekends will be well spent with local treasures including Merthyr Village, beautiful New Farm Park, Howard Smith Wharves and the scenic Riverwalk each within walking distance, while James Street and Brisbane Powerhouse are just minutes away. This property offers: • Low maintenance living in the heart of popular New Farm • Generous living and meals spaces with a private balcony • Neatly appointed kitchen with ample storage • Spacious bedroom with built-in robe • Split system air conditioning and ceiling fans • Single open car space • Within walking distance of cafés, bars, restaurants and lifestyle amenities • Moments from Howard Smith Wharves, James Street and Brisbane Powerhouse • Proximity to public and private schools including New Farm State School • Less than 2-kilometers from Brisbane CBD and central Fortitude Valley • Easy access to public transport including Fortitude Valley Station, bus and ferry terminals To enquire about this property or arrange an inspection, contact Nick Mogridge on 0423 059 709 or Marty Foelz on 0487 158 879.

Features

1 bedroom
1 bathroom
1 carspace
1 garage space
45 m² floor area
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in New Farm over the last 12 months, the estimated median property value of 5/417 Bowen Terrace is $700k.

Median value
$700k
Estimated value range
$420k - $960k
Median days on market
15
Estimated value trend
13%
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 5/417 Bowen Terrace

2024
Rented
Undisclosed
Leased on 09 Aug 2024 by Living Here Cush Partners
2024
Sold
$490,000
09 Jun 2024 by Nick Mogridge, of Ray White New Farm
2019
Sold
$255,000
Private Sale/Treaty on 11 Mar 2019 by Sandie Oxley, of McGrath New Farm

Happy sellers in New Farm

85%
85% 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 23 reviews in New Farm over the last 12 months.

Local market activity for 1 bedroom apartments in New Farm

In the last 12 months, 44 one-bedroom apartments similar to 5/417 Bowen Terrace, have been sold.

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

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