OFF MARKET

1/42 Merthyr Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 524m2
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Last updated 16 Dec 2024
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Property Details for 1/42 Merthyr Rd, New Farm

1/42 Merthyr Rd, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 524m2.

Building Type
Unit
Land Size
524m2
Local Government
Brisbane

Last Listing description (November 2018)

Convenience at its best - This 2 bedroom partly furnished unit provides not only a great location, but a character filled home.
Property Features:
Communal Laundry

Partly Furnished
Wardrobe in bedroom
Open plan kitchen and lounge room
Shower over bath
Filled with Natural Light
*Furniture may differ from photos*
Ideally located a stone's throw away from Merthyr Village and everything that New Farm has to offer - New Farm Park, The Powerhouse, numerous bars, restaurants & cafes (Teneriffe & James St precincts). Transport is also at your doorstep with a choice of bus or City Cat.

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Property History for 1/42 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$325/w
08 Nov 2018
  • 23 Aug 2018
    Listed for Rent $325 / week
  • 12 Jan 2016
    Listed for Rent - Price not available

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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 7,920 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 32 properties listed for sale, and 25 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in New farm.

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