Unit 33, 24 WELSBY STREET New Farm QLD 4005
This property is Off Market
- 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 12.88 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential flood risk
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About New Farm
With an average age of 33, households expect an average monthly mortgage payment of $1,733 or a weekly rent payment of $350. The average family earns a weekly income of $3,055 with a typical household size of 1.8 and a 91.4% 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
Thornton Street
Thornton Street Ferry Terminal
Sydney Street Ferry Terminal
Mowbray Park Ferry Terminal
New Farm Park Ferry Terminal
Hawthorne Ferry Terminal
Dockside Ferry Terminal
Holman Street Ferry Terminal
Howard Smith Wharves Ferry Terminal
Norman Park Ferry Terminal
General Points of Interest
Centenary Pool
United States Army Units in Yeronga Park
CrossFit
Cannon
Chaplainwatch (social centre)
Brookside Shopping Centre
X-Golf
IGA Marketplace
Downfall Creek Bushland Centre
Walter Hill Fountain
Population
(Country of Birth not stated 12%)
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
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School CatchmentsKelvin Grove State College Fortitude Valley State Secondary College New Farm SS
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Music Industry College
Fortitude Valley, QLD, 4006 Independent 11-12 -
Lourdes Hill College
Hawthorne, QLD, 4171 Independent 7-12
Property Story
Unit 33, 24 Welsby Street, New Farm, Qld, 4005 is a residential property . The estimated distance to the sea is 12.88km and at least 1.89KM 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
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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