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Sold on 12 May 2024 for $430,000

11/129 Merthyr Road
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 43m2
Land area: 43m2
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Property Details for 11/129 Merthyr Rd, New Farm

11/129 Merthyr Rd, New Farm is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 43m2 and floor size of 43m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Apartment sold in New Farm in the last 12 months.

Building Type
Apartment
Floor Size
43m2
Land Size
43m2
Local Government
Brisbane
Lot/Plan
11/BUP9125

Last Listing description (May 2024)

This trendy and well-positioned apartment is located on the top floor of a low-rise brick complex in New Farm. This one-bedroom apartment boasts a southeast aspect that allows plenty of natural light to fill the interior, creating a bright and inviting atmosphere.

One of the highlights of this apartment is its convenient location within walking distance of various attractions and amenities that New Farm has to offer. This includes proximity to restaurants, cafés, shops, and transportation options, making it an ideal choice for those who want to experience the vibrant inner-city lifestyle.

The interior of the apartment is described as neat and tidy throughout. The kitchen is functional with attractive cabinetry, and the overall design promotes an indoor-outdoor lifestyle.

Additional features include ceiling fans in the apartment, air conditioning in the main living area for climate control, and a car space. Additionally, the low body corporate fees assist in keeping the outgoings to a minimum.

This apartment is positioned in close proximity to various popular spots like

- Howard Smith Wharves
- James Street Precinct
- New Farm Park
- New Farm Deli
- New Farm Cinema

Overall, this desirable apartment combines a trendy New Farm lifestyle with convenient living.

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Property History for 11/129 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$430,000
12 May 2024
Listed for Rent
04 Jul 2017
  • 12 May 2024
    Sold for $430,000
  • 07 May 2024
    Listed for Sale For Sale
  • 23 Jun 2017
    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 7,915 properties. Over the last 5 years, Houses in New Farm have seen a 84.06% increase in median value, while Units have seen a 64.44% increase. As at 31 August 2024:

  • The median value for Houses in New Farm is $2,787,119 while the median value for Units is $999,075.
  • Houses have a median rent of $795 while Units have a median rent of $600.
There are currently 45 properties listed for sale, and 51 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in New farm.

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