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QLD › New Farm › Terrace St

153 Terrace St, New Farm QLD 4005

House

$2,175,000

Last sold

24 May 2025

3

Bedrooms

2

Bathrooms

3

Car spaces

282 m²

Land

147 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $2,175,000 (24 May 2025).(Recorded sale)
  • CalculationRecorded House sales in New Farm (last 5 years) with land size: median $7,160/m² of land (n=23). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No 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

$2,175,000

24 May 2025 · derived via latest_sale

Local land rate: recorded House sales in New Farm (last 5 years) with land size have a median of $7,160/m² of land (n=23). Districts calculation from recorded sales — not a valuation.

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

-42.8%

Median sale

Suburb $3,800,000

+0.69 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 data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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$2,175,00024 May 2025
  2. Listedprice unknowncompleted7 May 2025
  3. Listedprice unknowncompleted7 May 2025

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?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • 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?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). 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

    Development applications have not been queried 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

Sophisticated Free-Hold Small Lot Home on 282m2 with Lift and Lifestyle to Match

Tucked privately away in a quiet New Farm laneway, this architecturally crafted residence delivers an uncompromising lifestyle of elegance, space and comfort. Freestanding, freehold, and flawlessly designed across two levels with the rare inclusion of a private lift, this is a home that speaks to sophisticated downsizers, design-conscious couples and families alike.

Beneath high ceilings and framed by a balcony with treetop views and glimpses of the Story Bridge and city skyline, the upper living level is a masterclass in understated luxury. Bi-fold doors and louvered windows invite natural light and cooling breezes across timber floors, while the glass balustrade stair and integrated indoor-outdoor flow add a sense of effortless openness.

The custom kitchen balances modern form with exceptional functionality, boasting a timber-detailed island bench with pendant lighting, integrated fridge/freezer, Miele appliances including dual ovens and cooktop, a Gaggenau oven, and Franke sink with filtered tap. Meticulously updated less than 10 years ago, it remains a timeless centrepiece for both everyday cooking and grand entertaining.

Read the full description

Upstairs, the master suite extends to the balcony and features a walk-in wardrobe and sleek ensuite, while a second bedroom and updated bathroom are just steps away. The third bedroom is located on the lower level, opening directly onto the north-east facing courtyard and adjacent to a stylish powder room and versatile media or additional living space.

This home is tailored for modern comfort with ducted and zoned air-conditioning across both levels, ceiling fans, intercom access, internal laundry, ample storage throughout, instant gas hot water, and a serviced internal lift that ensures accessibility for every stage of life.

One of only a handful of properties with a completely freehold title and no body corporate fees, it offers two secure garage spaces with internal access, plus a shared undercover carport, ideal for guests.

Step outside and you're just moments from the buzz of James Street's celebrated boutiques and restaurants. A short stroll takes you to the Riverwalk and Howard Smith Wharves, with easy access to Teneriffe, Gasworks and Fortitude Valley. Walk or cycle to the CBD or take advantage of nearby bus routes and the Teneriffe CityCat for effortless travel across Brisbane. Surrounded by prestigious schools and lifestyle amenities, this is New Farm living at its most connected, convenient, and inspiring.

A home of rare sophistication and practicality, this is your opportunity to secure a lifestyle without compromise. Enquire today to experience it firsthand.

Disclaimer

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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.