Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

QLD › New Farm › Kent St

240 Kent St, New Farm QLD 4005

House

$4,500,000

Last sold

22 Apr 2026

4

Bedrooms

4

Bathrooms

4

Car spaces

453 m²

Land

306 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 $4,500,000 (22 Apr 2026).(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?

  • FactZoned Character residential (Infill housing) (CR) 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

$4,500,000

22 Apr 2026 · 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

+18.4%

Median sale

Suburb $3,800,000

-0.14 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

Character residential (Infill housing)

CR

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: 2SP281653

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$4,500,00022 Apr 2026
  2. Listedprice unknowncompleted20 Apr 2026
  3. Listedprice unknowncompleted20 Apr 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 Character residential (Infill housing) · CR (Brisbane City Plan 2014). Official parcel area about 456 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 Character residential (Infill housing) · CR (Brisbane City Plan 2014). Official parcel area about 456 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 Kent St →

Listing material

Listed by Place New Farm

Refined Dual-Level Living in the Heart of New Farm

Intelligently designed across two levels on a 453sqm parcel, this residence balances luxury, function and outdoor living in the heart of New Farm. Positioned moments from Teneriffe and New Farm Park, it offers a turnkey private retreat with defined entertaining capability, framed by a lush urban outlook and city views.

Timber floors anchor the ground level, where the home opens to a generous living and dining domain defined by natural light and clean spatial flow. The kitchen is both refined and practical, centred around a waterfall stone island with breakfast bar, supported by a butler's pantry, Miele appliances and extensive storage.

Full-height glazing connects the interior to a covered rear deck with a built-in outdoor kitchen, creating a seamless transition between inside and out. Beyond, the landscaped yard is fully fenced and framed by established hedging, with a glass-edged swimming pool and adjoining terrace forming a private outdoor setting. Also on this level is a flexible media room or office, a full bathroom and a well-connected laundry with external access.

Read the full description

Upstairs, a secondary living area provides separation, while the primary suite is defined by scale, incorporating an oversized walk-in robe and a well-appointed ensuite. Two additional bedrooms each include walk-in robes and private ensuites, with one opening to its own balcony.

Additional features include a secure dual garage, substantial storage, ducted air-conditioning, security system, ceiling fans and integrated lighting throughout.

The location places you within walking distance of James Street's dining and retail precincts, as well as the riverfront at Howard Smith Wharves and the CBD beyond. Within the catchment for New Farm State School, Fortitude Valley State Secondary College and Kelvin Grove State College, and close to Brisbane's leading private schools including All Hallows', Brisbane Grammar and Brisbane Girls' Grammar.

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

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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