OFF MARKET

176 Merthyr Road
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 3
Car spaces: 3
Floor area: 96m2
Land area: 300m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low

High
Save

Property Details for 176 Merthyr Rd, New Farm

176 Merthyr Rd, New Farm is a 1 bedroom, 3 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 300m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2012.

Building Type
House
Year Built
1920
Floor Size
96m2
Land Size
300m2
Local Government
Brisbane
Lot/Plan
8/SP105849

Last Listing description (August 2012)

A FASHIONABLE HOME IN A DESIRABLE LOCATION
THIS RENOVATED QUEENSLANDER FITS BEAUTIFULLY INTO THIS VIBRANT URBAN LOCATION WITHIN AN EASY WALK TO SHOPS, RESTAURANTS, CAFES AND THE RIVER. THE OPPORTUNITY TO BUY AND ENJOY THE COMFORTS THIS HOME AFFORDS IS SECOND TO NONE OR REAP THE RENTAL AND CAPITAL RETURNS FROM THIS PROVEN INCOME PRODUCING ASSET. BUYING THIS HOME GIVES YOU MULTIPLE OPTIONS! - ENJOY TWO LEVELS OF INNER CITY LIVING OR LIVE ON ONE LEVEL WHILE RETRIEVING INCOME FROM THE OTHER. THE SELF-CONTAINED FACILITIES BELOW THE MAIN RESIDENCE IS THE IDEAL INNER CITY PAD, PERFECT FOR THE TRAVELLING PROFESSIONAL. MAKE THE TOP LEVEL YOUR HOME AND ENJOY OPEN PLAN LIVING, A STUNNING KITCHEN AND CHIC BATHROOMS. ELECTRICITY IS SEPARATELY METRED SO THERE'S NO INTERFERING WITH YOUR TENANTS AND THE LOW MAINTENANCE BLOCK ENSURES YOU WON'T BE SPENDING EVERY WEEKEND IN THE GARDEN. - REAP THE CURRENT RENTAL RETURN OF $1,250.00 PER WEEK AS A FULLY FURNISHED RESIDENCE OR LET OUT AS A HOME WITH A RENTAL APPRAISAL OF $1,000.00 PER WEEK. THE CURRENT OWNER HAS ACHIEVED HIGHER RENT FOR THIS PROPERTY AND IS CONFIDENT THAT WITH A FEW MINOR IMPROVEMENTS YOU COULD DEMAND MORE. NEW FARM OFFERS THE MOST COSMOPOLITAN LIFESTYLE IN BRISBANE. HOUSES ARE A LIMITED COMMODITY IN THIS SUBURB SO FEEL CONFIDENT THAT YOUR INVESTMENT DOLLARS PLANTED HERE ARE SET TO GROW. OUR OWNER IS HIGHLY MOTIVATED TO SELL SO TAKE ADVANTAGE OF THEIR DETERMINATION AND SECURE YOUR SLICE OF THIS OUTSTANDING, APPRECIATING AND PROFITABLE POSITION. CALL NOW! SUSTAINABILITY DECLARATION AVAILABLE FROM AGENT.

Property History for 176 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$775,000
31 Jul 2012
Listed for Rent
$1.25k/w
31 Mar 2012
  • 24 Aug 2016
    Listed for Sale EXPRESSIONS OF INTEREST
  • 31 Jul 2012
    Sold for $775,000
  • 31 Mar 2012
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 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 31 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 338 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

Market Insights
New Farm Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
New Farm Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.