SOLD
Sold on 24 Mar 2024 for $615,000

18/175 Merthyr Road
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 47m2
Land area: 83m2
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Property Details for 18/175 Merthyr Rd, New Farm

18/175 Merthyr Rd, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 83m2 and floor size of 47m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1998
Floor Size
47m2
Land Size
83m2
Local Government
Brisbane
Lot/Plan
18/SP113384

Last Listing description (March 2018)

This lovely one bedroom apartment in New Farms 'River Quays' has a quiet leafy outlook and is only meters from the River, New Farm Park and the best restaurants and bars that New Farm has to offer. Walking distance to Merthyr Village Coles and plenty of public transport at your door.
It's rare to find a property with such a large balcony big enough for alfresco dinging and weekend BBQ. When you're done you can make your way out to the sparkling private pool at the rear of the complex.
New carpet, paint and window dressings mean it's fresh and bright and ready for a tenant to occupy!

- Secure undercover parking
. Open floor plan
- Combined lounge and dining areas w/ air-conditioning
- Well-designed kitchen w/ ample cupboard and bench space
- Dishwasher and breakfast bar
- Large bedroom with built ins
- Bathroom and separate internal laundry
** Sorry, no pets allowed **
MIN 6 Months lease

Property History for 18/175 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$615,000
24 Mar 2024
Listed for Rent
31 Mar 2018
  • 24 Mar 2024
    Sold for $615,000
  • 28 Feb 2018
    Listed for Rent - Price not available
  • 10 Jan 2018
    Listed for Sale For Sale
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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 7,821 properties. Over the last 5 years, Houses in New Farm have seen a 84.90% increase in median value, while Units have seen a 69.17% increase. As at 31 October 2024:

  • The median value for Houses in New Farm is $2,850,184 while the median value for Units is $1,018,069.
  • Houses have a median rent of $725 while Units have a median rent of $625.
There are currently 41 properties listed for sale, and 30 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 341 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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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.