SOLD
Sold on 03 Jul 2024 for $1,700,000

311/1 Gray Street
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 115m2
Land area: 151m2
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Property Details for 311/1 Gray St, New Farm

311/1 Gray St, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 151m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
115m2
Land Size
151m2
Local Government
Brisbane
Lot/Plan
311/SP136095

Last Listing description (December 2015)

Situated on the third floor of one of New Farm's most sought-after streets, this stunning apartment is a modern and vibrant lifestyle option within the heart of Brisbane's best.
An open plan design spreads across a single level, boasting flowing living areas that integrate perfectly with the surrounding outdoor space. New carpet throughout and clean neutral tones ensure an adaptable home that is promised to meet your every need.
The dining area integrates with a private balcony, perfect for alfresco meals in the mornings, while the living area spans out to a massive outdoor entertaining area. Sliding doors open up on all sides for a seamless visual connection with the dynamic river and New Farm heritage.

Inside, the centrally located kitchen takes full advantage of the views while offering the perfect space for those that love to cook. Boasting ample work area and storage with sleek cabinetry, as well as a range of stainless steel appliances, it is sure to inspire the finest of culinary delights.
There are two bedrooms, the master suite boasts private balcony access with a walk-in wardrobe and private en-suite. It is a perfect retreat after a long day. This stunning apartment is further enhanced by the resident pool overlooking the Brisbane River, two car parks and an abundance of storage
Perfectly positioned in one of Brisbane's most popular suburbs, this New Farm riverfront apartment offers an exclusive lifestyle choice that will be envied by many. The popular river walks are at your doorstep for tranquil morning strolls while Merthyr Village is close at hand with a range of boutiques, and cafes. Additionally, the CityCat is just moments away for a quick and easy trip to the nearby CBD, offering easy access to the best that Brisbane has to offer.
151m2 riverfront living
Desirable location
Large alfresco entertainment
Walking distance to popular cafes and bars
World class restaurants
Luxurious living

Property History for 311/1 Gray St, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$1,700,000
03 Jul 2024
  • 03 Jul 2024
    Sold for $1,700,000
  • 17 Jul 2015
    Listed for Sale Offers over $849,000
  • 29 May 2001
    Sold for $405,000
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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 7,824 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:

  • 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 44 properties listed for sale, and 30 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.

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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.