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QLD › New Farm › Terrace St

149 Terrace St, New Farm QLD 4005

Townhouse

$1,755,000

Last sold

18 Apr 2026

3

Bedrooms

2

Bathrooms

1

Car spaces

175 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,755,000 (18 Apr 2026).(Recorded sale)
  • FactLand 175 m²; no building size recorded.(Property record)

What could make it worth more?

  • FactZoned Low-medium density residential (2 or 3 storey mix) (LMR) under the Brisbane City Plan 2014.(Brisbane City Council · 31 Aug 2026)

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,755,000

18 Apr 2026 · derived via latest_sale

New Farm at a glance

13,615

People

$3,800,000

Median sale

$668/wk

Median rent

0.91%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full New Farm report →

Vs New Farm

-53.8%

Median sale

Suburb $3,800,000

+1.07 pp

Gross yield

Suburb 0.91%

Suburb median $3,800,000 from 17 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning scheme

Brisbane City Plan 2014

Zone

Low-medium density residential (2 or 3 storey mix)

LMR

Jurisdiction

Brisbane City Council

Brisbane, QLD

Planning overlays

  • Data unavailable

Development activity

Data unavailable

Source

  • Provider: Brisbane City Council
  • Dataset: City Plan 2014 Zoning
  • Retrieved: 31 Aug 2026
  • Version: 2014
  • Parcel: 4SP209239

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Sold$1,755,00018 Apr 2026
  2. Listedprice unknowncompleted26 Mar 2026
  3. Listedprice unknowncompleted26 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Confidence: medium

Zoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 175 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $668/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned Low-medium density residential (2 or 3 storey mix) · LMR (Brisbane City Plan 2014). Official parcel area about 175 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Knownmedium

    No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    No DA adapter returned applications for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

New Farm in one glance

New Farm at a glance

13,615

People

$3,800,000

Median sale

$668/wk

Median rent

0.91%

Suburb gross yield

Median sale from 17 recorded sales (last 12 months) — a Districts calculation.

See the full New Farm report →

Keep researching

  • Why New Farm? Read the area thesis →
  • What else is on the market in New Farm →
  • Other records on Terrace St →

Listing material

Listed by Place New Farm

Renovated Freehold Living with City Views and Low Maintenance Appeal

Auction Location: Onsite

A fresh expression of inner city living, this freehold residence unfolds across two levels with generous proportions and a sense of independence. Architecturally crafted by acclaimed architect Kevin Hayes, the home balances scale with a considered, low maintenance design. Recently renovated throughout and externally repainted, it presents a crisp, contemporary façade and a stylish interior palette.

Entry leads to the upper level where living and dining open into a light filled setting, with large format tiling and clean lines creating a calm, cohesive feel. A dedicated dining area is defined by feature pendant lighting, while the living space extends to a covered balcony. Elevated above neighbouring rooftops, the outlook reaches toward the city skyline, with louvered screening enhancing both privacy and airflow.

Read the full description

The kitchen has been entirely reimagined, offering generous preparation space while maintaining connection to the living and dining areas. Two tone cabinetry pairs timber grain finishes with matte joinery, complemented by full height storage, pull out pantry and integrated bin units, along with a fully integrated Fisher & Paykel French door fridge freezer with ice maker. A suite of Miele appliances, including dual built-in ovens, induction cooktop and dishwasher, supports daily use, while a Zip tap with chilled, sparkling and boiling water, together with a premium InSinkErator food waste disposer, further enhances everyday functionality.

Accommodation is arranged across both levels. The main bedroom is positioned upstairs, complete with ample wardrobe space and a private ensuite featuring a floating timber vanity and backlit mirror, complemented by a Caroma smart bidet toilet and heated towel rail with programmable control. Downstairs, two additional bedrooms are well proportioned with built-in wardrobes. The main bathroom includes a semi freestanding bath, separate shower and floating vanity.

Both bedrooms connect to a spacious private courtyard, extending the living outdoors. Fully paved and framed by established greenery, the space offers privacy with high fencing, along with an outdoor shower. Irrigation and programmable feature lighting enhance the landscaped garden beds and evening ambience.

Additional features include new ducted air conditioning throughout with MyAir zone control and app connectivity, ceiling fans to bedrooms, a new heat pump hot water system, remote control electric blinds and curtains throughout, smart home light switches, Yale digital smart lock entry, a separate laundry with custom joinery, front door security screen and a single lock up garage with internal access.

Positioned within a quiet residential pocket of New Farm, the address places you within walking distance of James Street, Howard Smith Wharves, the Riverwalk and New Farm Park. The CBD and Fortitude Valley are moments away, with access to bus and CityCat services, and proximity to well-regarded schooling.

An exceptional alternative to apartment living, this residence delivers space, privacy and a move in ready finish in one of Brisbane's most sought-after locations. Enquire to arrange your inspection.

Listing description written by Aaron Woolard, Place New Farm — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Courtyard
  • Ducted Cooling
  • Ducted Heating
  • Secure Parking
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.