SOLD
Sold on 03 Jul 2024 for $450,000

12/129 Merthyr Road
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 41m2
Land area: 43m2
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Property Details for 12/129 Merthyr Rd, New Farm

12/129 Merthyr Rd, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 43m2 and floor size of 41m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
41m2
Land Size
43m2
Local Government
Brisbane
Lot/Plan
12/BUP9125

Last Listing description (February 2023)

Superbly positioned in one of New Farm's sought after streets is this bright and spacious 1 bedroom apartment.

This top floor offering is located at the back of the complex allowing peace and privacy with a green leafy outlook from your own balcony.

The modern kitchen includes an under bench fridge and freezer and dishwasher. There is one air conditioned bedroom serviced by a modern bathroom.

The apartment has ceiling fans and new bamboo flooring throughout..

Beyond the apartment, this modern complex offers residents the convenience of a number of exclusive amenities. Located in the heart of New Farm, everything you could possibly need or want is within minutes.

This ideal location offers transport options at your doorstep. It is within walking distance to New Farm Park, Merthyr Village shopping precinct, CityCat terminals, the Brisbane River and the Powerhouse. It is also just minutes from the CBD. Nothing is ever out of reach.

Contact Caleb Reis or Team Reis to see when the next viewing is scheduled!

Property History for 12/129 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$450,000
03 Jul 2024
Listed for Rent
$400/w
10 Feb 2023
  • 03 Jul 2024
    Sold for $450,000
  • 23 Jan 2023
    Listed for Rent - Price not available
  • 14 Feb 2022
    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 7,919 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 46 properties listed for sale, and 54 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 333 properties were sold in the past 12 months in New farm.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.