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Unit 32,
23 GRIFFITH STREET New Farm QLD 4005

This property is Off Market

All about New Farm Homes for sale in New Farm


  • The Average property price in this area is $1,580,310, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 13.61 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential flood risk
  • Potential Land Contamination risk
  • Powerlines within 200m 0
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School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About New Farm

With an average age of 48, households expect an average monthly mortgage payment of $3,000 or a weekly rent payment of $388. The average family earns a weekly income of $3,042 with a typical household size of 2 and a 96.55% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in New Farm are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in New Farm classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in New Farm requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

General Points of Interest


Population

(Country of Birth not stated 6%)

Are people healthy?

There are a recorded 1122 asthma sufferers and 461 people living with diabetes. In addition, 446 people have a heart/vascular condition and 897 people live with three or more chronic diseases.

A good place to invest in property?

New Farm a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Queensland State average 66 / 100

Income

55 / 100

32 / 100

Industry

82 / 100

32 / 100

Population

44 / 100

40 / 100

House Prices

75 / 100

63 / 100

Jobs

72 / 100

31 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Kelvin Grove State College Fortitude Valley State Secondary College New Farm SS
  • Coorparoo Secondary College

    Coorparoo, QLD, 4151 State 7-12

  • Lourdes Hill College

    Hawthorne, QLD, 4171 Independent 7-12

  • St James College

    Brisbane, QLD, 4000 Independent 7-12

  • All Hallows' School

    Brisbane, QLD, 4000 Independent 5-12

  • East Brisbane State School

    East Brisbane, QLD, 4169 State Prep-6

  • Holy Spirit School

    New Farm, QLD, 4005 Independent Prep-6

  • New Farm State School

    New Farm, QLD, 4005 State Prep-6

  • Music Industry College

    Fortitude Valley, QLD, 4006 Independent 11-12

  • Anglican Church Grammar School

    East Brisbane, QLD, 4169 Independent Prep-12

  • St Joseph's Primary School

    Kangaroo Point, QLD, 4169 Independent Prep-6


Property Story

Unit 32, 23 Griffith Street, New Farm, Qld, 4005 is a residential property . The estimated distance to the sea is 13.61km and at least 2.32KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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  • 134 Acme Avenue Street, Town, State

    Description - Details the application. Type and other information pertaining to the development application and more...

    Authority Reference: UX0909823-GOV Website

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The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.


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