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QLD › New Farm › Terrace St

151 Terrace St, New Farm QLD 4005

Townhouse

$1,780,000

Last sold

18 Feb 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 $1,780,000 (18 Feb 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

$1,780,000

18 Feb 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

-53.2%

Median sale

Suburb $3,800,000

+1.04 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: 3SP209239

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$1,780,00018 Feb 2026
  2. Listedprice unknowncompleted11 Feb 2026
  3. Listedprice unknowncompleted11 Feb 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

Architect-Designed Freehold Home with City Views and Entertaining Appeal

Privately positioned at the rear of a highly sought-after New Farm address, this architect-designed freehold residence offers a rare combination of space, privacy and retreat from the street. Designed by Kevin Hayes, the contemporary form is defined by clean lines softened by warm timber detailing and an effortless connection to the outdoors. Thoughtfully arranged across two levels, the layout allows daily life, work and rest to unfold with ease while maintaining separation and balance.

At the centre of the home, the upper-level living and dining area is open and light-filled. Low-maintenance tiling anchors the space, complemented by recessed LED lighting, ducted air conditioning and a new ceiling fan for year-round comfort. Timber-framed, screened glass doors draw the living area outward to a covered timber deck. Surrounded by greenery with city views beyond, the setting feels open yet private, creating a seamless extension of the interior.

The kitchen brings together clean contemporary lines and everyday practicality. Full-height cabinetry is paired with ample stone benchtops and integrated appliances, including fridge/freezer, gas cooktop, wall-mounted oven and microwave, and dishwasher. A window splashback and louvred glazing invite natural light inside, while the efficient layout keeps the home chef engaged with daily life and entertaining.

Read the full description

Accommodation is arranged across both levels. The main bedroom is privately positioned upstairs, complete with walk-in wardrobe and a well-appointed ensuite offering a generous shower and excellent vanity storage. Downstairs, two additional bedrooms are well separated from the living areas and feature timber flooring and built-in wardrobes. A central bathroom includes a bathtub and full-height tiling.

Outdoor living continues at ground level, where a large courtyard offers a rare alfresco setting for inner-city living. Framed by high walls and established planting, the space provides room for entertaining on a meaningful scale. Additional highlights include a new 6kW solar system, lock-up garage, separate laundry, ample storage, screens to all windows and doors, ducted air-conditioning and ceiling fans throughout.

Positioned within one of Brisbane's most consistently in-demand neighbourhoods, the home enjoys easy access to James Street, Gasworks Plaza, Howard Smith Wharves, riverwalks and the CBD, while remaining quietly removed from the bustle. Located within the New Farm State School catchment and close to Holy Spirit School, the address combines lifestyle appeal with enduring desirability.

Suited to executive couples, empty nesters or families seeking a refined, low-maintenance lifestyle in one of New Farm's most tightly held pockets, this is a rare opportunity to secure space, privacy and position in equal measure. Be sure to enquire today.

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

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.