SOLD
RECENT ADVICE
Sold on 08 Nov 2023 for $375,000

5/111 Merthyr Road
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 5/111 Merthyr Rd, New Farm

5/111 Merthyr Rd, New Farm is a 1 bedroom, 1 bathroom Unit. 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
Local Government
Brisbane
Lot/Plan
5/BUP100817

Last Listing description (November 2023)

This one bedroom apartment nestled in the heart of vibrant New Farm seamlessly blends classic Art Deco with modern amenities. Perfect for couples, young professionals, or anyone seeking a stylish and unique urban dwelling. The apartment still exudes its original charm, featuring lofty ceilings, picture rails, and polished floors.

Situated on the coveted Merthyr Road, the location offers unbeatable convenience, just steps away from the bustling Merthyr Village and public transportation, while also being a short stroll from the tranquil Brisbane River. Furthermore, New Farm's plethora of bars, restaurants, and cafes are within easy reach, making it an ideal spot for those who appreciate dining and entertainment options.

Key Features:

- Retains Art Deco character
- High ceilings
- Gas cooking for culinary enthusiasts
- Prime, walkable location near shops and public transport
- Inviting balcony accessible from both the living area and bedroom
- Tranquil rear positioning for peace and quiet.
- Separate storage area

Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.

Property History for 5/111 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$375,000
08 Nov 2023
Listed for Rent
$300/w
13 Dec 2018
  • 14 Oct 2023
    Sold for $375,000
  • 15 Sep 2023
    Listed for Sale Under Contract
  • 26 Nov 2018
    Listed for Rent - Price not available
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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 7,918 properties. Over the last 5 years, Houses in New Farm have seen a 84.06% increase in median value, while Units have seen a 64.44% increase. As at 31 August 2024:

  • The median value for Houses in New Farm is $2,787,119 while the median value for Units is $999,075.
  • Houses have a median rent of $795 while Units have a median rent of $600.
There are currently 48 properties listed for sale, and 51 properties listed for rent in New farm on OnTheHouse. According to CoreLogic's data, 344 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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Jay Lesquillier
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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.