24/175 Merthyr Rd, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 110m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in July 2010.
A Great Buy for both Investors and Owner Occupiers
Spacious topfloor unit is at great New Farm/Teneriffe location, just right opposite Freshwater Apartments.
This 2 bedroom topfloor unit is master bedroom with ensuite, 2 bathrooms and secured car park.
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:
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