315/1 Gray Street
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Property Insights
Multi-dimensional analysis · last updated 06/05/2026
Schools
7 nearby schools
Catchment: New Farm State School
Zoning
LDR — Low Density Residential
Brisbane City Plan 2014
Public transport
Data unavailable
Traffic
Moderate congestion
Morning and evening peak hours (7-9am, 4-6pm) see increased traffic on Gray Street and Brunswick Street as commuters travel to/from the CBD. Local residential streets experience higher volumes during these periods, though the area generally experiences less severe congestion than inner-city hotspots.
Flood risk
High
New Farm is a low-lying riverside suburb directly adjacent to the Brisbane River and experiences significant flood risk from riverine inundation. The suburb has a documented history of major flooding events (notably 2011 Queensland floods and 1974 Brisbane floods) and falls within Brisbane City Council's designated flood overlay zones. Strict development controls and elevation requirements apply to mitigate risk.
Bushfire risk
Low
BAL: BAL-LOW
Crime profile
above average
Trend: stable
Nearby development
6 projects nearby
New Farm is experiencing steady medium-density infill development focused on residential apartments and mixed-use renewal along established commercial corridors like Brunswick Street. Council support for inner-city activation and riverside precinct improvements is driving complementary infrastructure investment. Development activity reflects Brisbane's broader trend of consolidation in accessible inner suburbs with heritage character and established amenity.
Heritage
Heritage listed
New Farm is an inner-Brisbane suburb with significant heritage character, featuring a conservation area overlay that protects early 20th-century residential and civic architecture. The area includes the Queensland Heritage Register-listed Newstead House and numerous local heritage properties reflecting Edwardian and Federation-era development. Properties within the conservation area are subject to heritage design review for external modifications and demolition.
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About this property
Auction, Wednesday 27th May at 5:30pm | In-Rooms at Ray White Ascot Positioned in the tightly held Freshwater complex, this city-facing apartment presents an outstanding opportunity for buyers seeking lifestyle, quality and future upside in the heart of New Farm. The owner has committed elsewhere and requires a sale, creating a genuine opportunity to secure a premium third floor apartment in one of Brisbane's most desirable riverfront locations. Designed for comfortable living with a refined, modern feel, the apartment features two spacious bedrooms, two bathrooms and secure car accommodation. High-end finishes are evident throughout, including Chevron Pattern timber flooring, granite kitchen benchtops, gas cooktop and beautifully appointed bathrooms with marble tiles and benchtops. Additional apartment features: • Upgraded zoned ducted air conditioning • Aluminium moveable exterior shutters • Fly screens to balcony doors • Main bathroom with bathtub and integrated European laundry • Neutral tones throughout, ready to personalise Additional complex features: • 87 apartments over 5 levels • Intercom access and on-site management • Secure underground car parking • Four lifts throughout the complex • Resort-style swimming pool positioned on the riverfront • BBQ and entertaining area • Central atrium-style entry creating a sense of scale and arrival • Total base area - 8,746sqm of prime riverfront land Well maintained and move-in ready, there is also scope for the next owner to add further value over time. Residents of the tightly held Freshwater complex enjoy resort-style amenities including a 23m swimming pool, landscaped gardens and direct access to the riverwalk. Positioned on an expansive 8,746sqm of prime riverfront land, the complex offers a rare lifestyle opportunity, all just moments from New Farm's renowned cafés, restaurants and vibrant lifestyle precinct. This is a must inspect for buyers looking to secure a quality apartment in a blue-chip location. Rates: Approx. $454.15 per quarter. Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise. Due to REIQ legislation a price guide isn't available. The website possibly filtered this property into a price range for functionality purposes. Any estimates are not provided by the agent and should not be taken as a price guide. 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 Features
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Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 124m²
- Listed
- 3 weeks ago
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