SOLD
Sold on 30 Nov 2023 for $430,000

3/111 Merthyr Road
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 49m2
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Property Details for 3/111 Merthyr Rd, New Farm

3/111 Merthyr Rd, New Farm is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1940. The property has a land size of 49m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in New Farm in the last 12 months.

Building Type
Unit
Year Built
1940
Floor Size
49m2
Land Size
49m2
Local Government
Brisbane
Lot/Plan
3/BUP100817

Last Listing description (March 2014)

Oh Oh Art Deco
Be Quick. This one is way too convenient, arty and charming for the price !
It's quiet and tucked away position in the newly painted boutique block gives this a 'great feel'. The outlook of greenery makes the space restful. Inside are polished floors, high ceilings with tasteful plaster detailing so typical of this era. The bathroom and kitchen are renovated, the bedroom is generously large , while the sleep out provides useful space for the study and more.

A few minutes walk to Merthyr Village or the gorgeous Caf?? Bouquiniste or even New Farm Park. This place is so central to all that New Farm and the City offer.
Investors Note : Achieves good rental returns.
Further details:
Air Con
B.C.: $505 qtr
BCC Rates: $261.41
Internal: 49sqm plus 4.6sqm storage
Be Quick , Call now before this is gone !

Property History for 3/111 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$430,000
30 Nov 2023
  • 30 Nov 2023
    Sold for $430,000
  • 14 Mar 2014
    Sold for $329,000
  • 10 Mar 2014
    Listed for Sale $329,000
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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.