SOLD
Sold on 14 Dec 2023 for $680,000

2/63 Moray Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 57m2
Land area: 66m2
Sold By
Property Now Mooloolaba
Save

Property Details for 2/63 Moray St, New Farm

2/63 Moray St, New Farm is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 66m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
57m2
Land Size
66m2
Local Government
Brisbane
Lot/Plan
2/BUP3662

Last Listing description (January 2024)

Perched atop Moray Street, one of Brisbane's most desirable locations, sits this block of just 12 beautiful 1960s character units. With its "lace" breezeway facade well-known as an icon of Moray Street - unit 2 is pet-friendly and offers a lifestyle choice with no comparisons, that draws thousands to the busy yet beautiful cultural hub of New Farm. Only footsteps up the street from your apartment is Wilson Outlook Reserve with its sweeping views of the city skyline and stunning views of the towering Story Bridge, utilised for romantic sunset picnics, bridal photography and tai chi, and which features unique outdoor lifts down the cliffs to the magnificent Howard Smith Wharves waterside tourist attraction below boasting bars, top end restaurants, live music and riverside playgrounds. Enjoy the exciting James Street Precinct and the central Fortitude Valley district or take the ferry to the Brisbane Powerhouse. Walk to work along the river to the CBD, or to New Farm's art galleries, trendy bars, restaurants, farmers' market and boutiques closeby ... only to then stroll back home to nature and river life for evening drinks on the lawn.

If you are looking for an investment, the apartment enjoys and attracts long tenancies and good rental returns. Additionally the building has future potential for development in the long term. This enchanting hidden secret is a gem for the romantic at heart and for the astute buyer who has an eye for position, ambience and potential. With a lovely south west aspect, on-street parking is available for you and your visitors. Public transport is a two-minute walk away past gorgeous architecture ranging from striking art deco, to rambling historic homes, to stunning contemporary premiere designer apartment complexes.

Property History for 2/63 Moray St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$680,000
14 Dec 2023
Listed for Rent
$410/w
04 Nov 2021
  • 14 Dec 2023
    Sold for $680,000
  • 10 Nov 2023
    Listed for Rent $475 / week
  • 05 May 2023
    Listed for Sale Sale by tender
Sign in to see more transactions

Commute Calculator

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 7,821 properties. Over the last 5 years, Houses in New Farm have seen a 84.90% increase in median value, while Units have seen a 69.17% increase. As at 31 October 2024:

  • The median value for Houses in New Farm is $2,850,184 while the median value for Units is $1,018,069.
  • Houses have a median rent of $725 while Units have a median rent of $625.
There are currently 41 properties listed for sale, and 30 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

Market Insights
New Farm Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
New Farm Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.