207/1 Gray St, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 133m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in New Farm in the last 12 months.
THE DEAL
Positioned within Freshwater at 1 Gray Street, an iconic riverfront building, Residence 207 offers a direct connection to the Brisbane River in one of New Farms most established and consistently performing pockets.
The open-plan layout connects kitchen, living and dining to a full-width balcony overlooking the water, with floor-to-ceiling glazing drawing in natural light and ensuring the river remains the focal point of the home. The indoor-outdoor flow is seamless, creating a space that works just as well for everyday living as it does for relaxed entertaining.
The kitchen is well considered with ample storage and practical functionality, positioned to service both the living and dining zones with ease. Both bedrooms are privately separated from the main living area, with the master featuring direct balcony access, a walk-through robe and ensuite. The second bedroom is well proportioned and supported by a central bathroom, ideal for guests or flexible use.
Freshwater is widely regarded for its absolute riverfront position and strong long-term ownership, with very limited turnover over time. The Riverwalk sits directly in front of the building, while New Farm Park, Howard Smith Wharves and James Street are all within comfortable walking distance, reinforcing both lifestyle and long-term value.
A clean, functional layout, uninterrupted river outlook and a building that continues to hold tightly.
SEALS THE DEAL
Direct riverfront living in Freshwater at 1 Gray Street, combining position, lifestyle and long-term appeal in one of New Farms most iconic buildings.
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 7,939 properties. Over the last 5 years, Houses in New Farm have seen a 60.24% increase in median value, while Units have seen a 81.54% increase. As at 30 June 2026:
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