217/1 Gray St, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 85m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in April 2019.
An effortless blend of style and functionality has been showcased in this riverside 85m2 executive offering within boutique Freshwater.
A versatile ducted air conditioned floor design with new paint and carpets embraces effortless inner city living with a focus on functional living and entertaining. Comprising a contemporary neutral palate presented with executive furnishings, it is a residence that presents immediate liveability.
A large gourmet kitchen equipped with sleek black cabinetry with a suite of stainless steel appliances including a wall-mounted electric oven, gas cooktop and double sink services the large adjoining living and dining space with ease while a large covered outdoor balcony presents a private haven for capturing the scenic vistas over tree-lined New Farm and the city.
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 7,824 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:
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