103 Moray StreetNew Farm QLD 4005
Property Details for 103 Moray St, New Farm
Last Listing description (February 2026)
Built during the inter-war period, 'Ardrossan' is a classic New Farm block of flats is available for only the third time in nearly a century. Previously sold as a whole building, each apartment is now strata-titled and so could be sold individually. This may be the last opportunity to buy Ardrossan as a single package. An Information Memorandum is available on request.
-6 x 2 bedroom + sunroom apartments, all with off-street parking
-In excellent condition, beautifully maintained with no outstanding works in progress
-Fully rented with an income of approximately $240k/annum
-Newly established body corporate, with forecasts and property management plan
-Opportunity to sell down one at a time, or maintain as a full block of flats
-Positioned prominently on Moray St, alongside the heritage-listed Julius St precinct
-Riverside adjacent property with city skyline, river and district views
-Solid investment with a proven track-record of strong capital growth
-Walking distance to village cinemas and shops, Howard Smith Wharves and CBD
Property History for 103 Moray St, New Farm, QLD 4005
- 20 Feb 2026Listed for Sale Contact Agent
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About New Farm 4005
The size of New Farm is approximately 2.5 square kilometres. There are 4 parks, covering nearly 9.1% of the total area. The population of New Farm in 2016 was 12542 people. By 2021 the population was 12197 showing a population decline of 2.8% in the area during that time. The predominant age group in New Farm is 30-39 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 2021, 44.00% of the homes in New Farm were owner-occupied compared with 39.70% in 2016.
New Farm has 7,940 properties. Over the last 5 years, Houses in New Farm have seen a 56.60% increase in median value, while Units have seen a 78.65% increase. As at 31 May 2026:
- The median value for Houses in New Farm is $3,305,444 while the median value for Units is $1,216,853.
- Houses have a median rent of $1,050 while Units have a median rent of $678.
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