OFF MARKET

26/173-177 Merthyr Road
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Last updated 16 Dec 2024
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Property Details for 26/173-177 Merthyr Rd, New Farm

26/173-177 Merthyr Rd, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces.

Building Type
Unit
Local Government
Brisbane

Last Listing description (May 2024)

FEATURES:
- Master bedroom with built in robe and ceiling fan
- Open floor plan

- Kitchen has plenty of storage options
- Stainless steel appliances including a dishwasher
- Spacious size entertaining balcony
- Complex features an in-ground swimming pool
- Secure undercover car parking
- Close to prestigious Cutters Landing Precinct, walk to City Cat Ferry Terminal, Merthyr Village Shopping Centre and Brisbane City is only 2km away.

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Property History for 26/173-177 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$520/w
08 May 2024
  • 08 May 2024
    Listed for Rent $520 / week
  • 26 Apr 2023
    Listed for Rent $460 / week
  • 22 Mar 2022
    Listed for Rent $425 / week
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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 7,920 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:

  • 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 32 properties listed for sale, and 25 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in New farm.

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