Back 8/497 Bowen Terrace
Off Market

8/497 Bowen Terrace

New Farm QLD 4005

2
1
Unit
Daniel WatersDaniel Waters, last sold this property on 08 October 2025 after 23 days on market.

Overview

Charming Top-Floor Apartment in Prime New Farm Location – Walk to River, Park &

Positioned in a boutique complex of just 8, this ultra-desirable top-floor apartment blends timeless character with modern comfort � offering a rare lifestyle opportunity in one of Brisbane's most sought-after suburbs. Filled with natural light and rich in charm, the home features classic design elements including soaring high ceilings, polished hardwood floors, French doors, ornate picture rails, wall panelling, and vintage brass light switches. Whether you're a first home buyer, investor, or downsizer, this move-in-ready residence is a perfect fit. The practical floorplan includes: � A spacious open-plan living and dining area � A versatile enclosed sunroom ideal as a home office or reading nook � A well-appointed kitchen with updated gas cooking and plenty of storage � Two generously sized bedrooms, with the main opening to a private balcony � A neat and tidy bathroom � A separate internal laundry � Easy access to the apartment by dual staircases (front and back) Freshly updated with neutral paintwork, brand new carpet, quality window furnishings, and air-conditioning, the home offers an immediate sense of comfort and style. Location Highlights: Enjoy unbeatable walkability with New Farm Park, Merthyr Village, the Brisbane River Walk, and Howard Smith Wharves all just moments from your door. You'll also benefit from easy access to public transport (bus, ferry, and rail) and placement within the coveted New Farm State School catchment. Additional Features: � Quiet top-floor position in a recently repainted, well-maintained complex � Affordable body corporate fees � Vacant and ready for immediate move-in or rental � No exclusive car park, but easy parking on the street Don't miss this rare opportunity to secure a character-filled home in a blue-chip location. For more information or to arrange an inspection, contact Daniel Waters today. Key Information: Year Built: Circa 1930's Units in Complex: 8 Aspect: South/East Council Rates: $550.80/Qtr approx. Body Corporate Fees: $815.62/Qtr approx. Current Sinking Fund Balance: $13,876 approx. Rental Return: $625-675 per week approx. School Catchments: New Farm State School, Fortitude Valley Secondary College

Features

2 bedrooms
1 bathroom
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in New Farm over the last 12 months, the estimated median property value of 8/497 Bowen Terrace is $913k.

Median value
$913k
Estimated value range
$770k - $1.71m
Median days on market
19
Estimated value trend
9%
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 8/497 Bowen Terrace

2025
Sold
Undisclosed
08 Oct 2025 by Daniel Waters, of LJ Hooker Aspley/Chermside
2023
Rented
Undisclosed
Leased on 12 Jul 2023 by Living Here Cush Partners
2020
Rented
Undisclosed
Leased on 14 Jul 2020 by Living Here Cush Partners

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 2 bedroom units in New Farm

In the last 12 months, 10 two-bedroom units similar to 8/497 Bowen Terrace, have been sold.

This represents a 16% increase in two-bedroom units sales when compared to the previous 12 months.

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