Back 574 LOWER BOWEN TERRACE
Off Market

574 LOWER BOWEN TERRACE

New Farm QLD 4005

3
1
1
House
Last sold for $955,000
Scott DarwonScott Darwon, last sold this property on 25 October 2013 after 31 days on market.

Overview

Sold Under the Hammer.

For the first time on the open market 559m2 of A-grade New Farm real-estate has become available. This single gabled renovator in Brisbane's premier suburb can't be overlooked. Positioned at the end of one of New Farms best streets opposite some of the area's most iconic homes, this could be your opportunity to get what people work so hard for, a piece of New Farm to call their own. With quality bones and fabulous Hoop-pine flooring this home is ready for a new chapter. With an emphasis on lifestyle and location, the potential for excellence is well-worth exploring as this home represents everything a buyer is looking for in an inner city house and a great location. It's no secret that this house needs work, but if you are looking to get into the New Farm house market, this is a must inspect. The Locational benefits of this property are exceptional: - 500m to Merthyr Village; - 300m to New Farm Park - 300m walk to the Brisbane River - 25m to one of New Farm's best cafes. - 250m to Brunswick st Ferry Opportunities like this are seldom found, and there has never been a better time to buy. This New Farm Gem presents an exciting opportunity to live in now and capitalise over the coming years, so don't overlook this opportunity for a great buy. Make no mistake; either way, this will be bought and transformed into something truly spectacular. This house is perfect for those with an exceptional vision for perfect family home or who wants to capitalise on New Farms growth for newly renovated houses. This one will move fast; and realistic vendor will listen to the market.

Features

3 bedrooms
1 bathroom
1 carspace
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in New Farm over the last 12 months, the estimated median property value of 574 LOWER BOWEN TERRACE is $3.25m.

Median value
$3.25m
Estimated value range
$2.17m - $5.35m
Median days on market
23
Estimated value trend
25%
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 574 LOWER BOWEN TERRACE

2013
Sold
$955,000
Auction Sale on 25 Oct 2013 by Scott Darwon, of Ray White New Farm

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 houses in New Farm

In the last 12 months, 12 three-bedroom houses similar to 574 LOWER BOWEN TERRACE, have been sold.

This represents a 57% increase in three-bedroom houses sales when compared to the previous 12 months.

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