OFF MARKET

16/145 Moray Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 193m2
Land area: 193m2
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Last updated 16 Sep 2024
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Property Details for 16/145 Moray St, New Farm

16/145 Moray St, New Farm is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 193m2 and floor size of 193m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
Unit
Year Built
1970
Floor Size
193m2
Land Size
193m2
Local Government
Brisbane
Lot/Plan
16/BUP4159

Last Listing description (October 2015)

Rarely do huge 152sqm apartments with so much potential to renovate come up for sale in New Farm, especially complete with a massive 41sqm lock up garage with ample room for 2 cars and extra storage space.
That is a total of 193sqm of sought after living ready for your touch; Renovate and Reap the benefit; To live or to Rent you simply can't go wrong investing here!
Snapshot of property features:

North east facing apartment
Remote control garage for 2 cars plus storage space 44sqm
Elevated views from the 5th Floor
Enclosed veranda running the length of the apartment
Lobby style entrance to the apartment, could easily be an office space
Spacious open plan living/dining
Separate modern kitchen with Bosh and Omega appliances
Solid double brick and well insulated: cool in summer, warm in winter
Quiet and private: no shared walls with neighbours
Secure apartment, with entry via intercom system
In-ground swimming pool
Body Corporate Fees: $1120 approx per quarter for Admin and Sinking Fund
City Council Rates:$317 approx per quarter
Rental appraisal :$500-$530 pw
Refurbishment of the building has been voted and financed.
Walk to everything that makes New Farm stand out as the area of choice. City Cat ferry to City, Southbank & Uni; charming cafes, French boulangerie, Restaurant; trendy boutiques and charming Merthyr Village for everything you may need. Enjoy picnics and Farmers Markets in New Farm Park overlooking the river. Excellent bus services on your doorstep. Vibey Fortitude Valley and sophisticated Teneriffe with the Gasworks offer a diversity of activity from which to choose.

Property History for 16/145 Moray St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$680,000
29 Aug 2015
  • 29 Aug 2015
    Sold for $680,000
  • 22 Jul 2015
    Listed for Sale Price guide $690,000
  • 04 Jun 1987
    Sold for $88,000

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About New Farm 4005

The size of New Farm is approximately 2.5 square kilometres. It has 4 parks covering nearly 9.1% of total area. The population of New Farm in 2011 was 11,330 people. By 2016 the population was 12,536 showing a population growth of 10.6% in the area during that time. The predominant age group in New Farm is 20-29 years. Households in New Farm are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in New Farm work in a professional occupation. In 2011, 40.5% of the homes in New Farm were owner-occupied compared with 39.7% in 2016.

New Farm has 7,919 properties. Over the last 5 years, Houses in New Farm have seen a 84.06% increase in median value, while Units have seen a 64.44% increase. As at 31 August 2024:

  • The median value for Houses in New Farm is $2,787,119 while the median value for Units is $999,075.
  • Houses have a median rent of $795 while Units have a median rent of $600.
There are currently 46 properties listed for sale, and 54 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in New farm.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.