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.
$4,575,000
Last sold
26 July 2025
4
Bedrooms
1
Bathrooms
1
Car spaces
810 m²
Land
188 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$4,575,000
26 July 2025 · derived via latest_sale
Local land rate: recorded House sales in New Farm (last 5 years) with land size have a median of $7,574/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.
Vs New Farm
+20.4%
Median sale
Suburb $3,800,000
-0.15 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 data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
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
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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.
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
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.
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.
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
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Place New FarmAuction Location: Onsite: 3 Mark Street, New Farm
Offered to the market for the first time since 1890, 3 Mark Street 'Whroonga' presents one of New Farm's most significant landholdings, an 810sqm parcel with an exceptional 20-metre frontage and the rare potential for subdivision (STCA). Nestled in a quiet, tree-lined street just moments from the James Street precinct, this cherished residence has been held by the same family for five generations.
Steeped in local and political history, the property has strong ties to former Queensland Premier Joh Bjelke-Petersen through familial lineage. Beyond its historical significance, the home offers an extraordinary opportunity for restoration, reinvention or redevelopment.
The existing character residence is a charming four-bedroom cottage with hallmark Queenslander features including a wide wrap-around verandah, timber floors, soaring ceilings and an established poinciana tree that has shaded generations. Set back on a level block with a grassed rear yard, it also includes a detached garage, garden sheds, and storied elements like an original outhouse and cast-iron front fencing.
Offering the flexibility to renovate the property comes with renders by acclaimed architects Hogg & Lamb for a five-bedroom residence (subject to council approval), allowing you to create your dream home in this exceptional setting.
Buyers seeking an even larger canvas may also secure the neighbouring property at 1 Mark Street, which comes with approved demolition plans, expanding the combined frontage to a remarkable 32 metres (subject to a seperate independent negotiation).
This is a once-in-a-century opportunity to secure a premier slice of New Farm's tightly held heartland, where architectural prestige and lifestyle amenity converge.
Property Features:
• 810sqm allotment with 20.2m frontage
• Heritage Queenslander c.1890, first time offered in 135 years
• Four bedrooms, 1-bathroom, multiple living/dining zones
• Wrap-around verandahs, high ceilings, fireplace
• Rear garden, covered alfresco, original outbuildings
• Detached garage and grass driveway parking
• Scope to subdivide or redevelop (STCA)
• One of New Farm's most historic family estates
• Opportunity to purchase neighbouring 1 Mark Street with 12m frontage and demo approval
• Walk to New Farm Park, Merthyr Village, James Street, CityCat and elite schools
Listing description written by Heath Williams, Place New Farm — reproduced as published, not verified by Districts.