3/304 Bowen Terrace, New Farm QLD 4005

The suburb’s riverside lifestyle, cafes and proximity to the CBD keep buyers chasing refurbished houses and quality units, while tight listings and low vacancy keep investor and owner-occupier demand intact. House medians sit near $3.4 million and units around $1.03 million with double-digit 12‑month gains, underscoring that prices remain elevated even as volumes cool. Growth opportunities hinge on Olympics-driven attention and the ongoing preference for well-located apartments, but buyers should watch affordability, rising rates and any new stock that could slow momentum.