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Sold on 16 May 2024 for $890,000

3/261 Moray Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 153m2
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Property Details for 3/261 Moray St, New Farm

3/261 Moray St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Floor Size
153m2

Last Listing description (May 2024)

Capturing wonderful natural light and picturesque leafy views from its first-level position, this two-bedroom apartment invites you to secure your future in coveted New Farm. One of just six properties within a well-positioned complex, this incredible residence featuring generous proportions is only a leisurely stroll from New Farm Park and scenic riverwalks.

Framed by verdant greenery that creates a sense of exclusivity, the apartment showcases attractive tiled floors and a versatile neutral colour palette.

Stepping inside, you will find a spacious open-plan living and dining area. Ensuring superb indoor-outdoor connection, large glass sliding doors open out to a covered balcony. There is also an excellent kitchen displaying quality appliances and ample cupboard storage, while a multitude of renowned cafes, restaurants and bars are essentially right on your doorstep.

Also benefitting from a delightful outlook, an ensuited master bedroom enjoys a private outlook over the leafy complex gardens. Complete with secure parking for one car, extra storage/room and split-system air-conditioning, the property also includes a large internal laundry adjacent to the balcony.

Close to James Street's fashionable retail and culinary offerings, this fantastic residence is also a stone's throw from the popular Howard Smith Wharves and Gasworks Plaza precincts. The New Farm Ferry Terminal, city-bound bus stops and Fortitude Valley's exciting attractions are nearby.

Falling within the New Farm State School, Fortitude Valley State Secondary College and Kelvin Grove State College catchment areas, this outstanding apartment is also a short distance from All Hallows' School, Saint Joseph's College, Brisbane Grammar School and Brisbane Girls Grammar School. Do not miss this exclusive opportunity – call to arrange an inspection today.

Disclaimer
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes

Property History for 3/261 Moray St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$890,000
16 May 2024
  • 16 May 2024
    Sold for $890,000
  • 10 May 2024
    Listed for Sale For Sale
  • 27 Jul 2017
    Listed for Rent $475 per week
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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 81.92% increase in median value, while Units have seen a 65.24% increase. As at 30 November 2024:

  • The median value for Houses in New Farm is $2,890,467 while the median value for Units is $1,023,654.
  • Houses have a median rent of $720 while Units have a median rent of $630.
There are currently 31 properties listed for sale, and 25 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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Alex Rutherford
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Place 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.