7/42 Merthyr Rd, New Farm is a 1 bedroom, 1 bathroom Unit. The property has a land size of 524m2.
Experience unparalleled convenience with this exceptional unit situated in the vibrant heart of New Farm. Located mere moments away from Merthyr Shopping Village, The River Walk, The Amazing Howard Smith Wharves, and multiple public transport routes, including the City Cat, this unit offers the ultimate in convenience.
Not only does this unit boast a generous size, but it also showcases a separate lounge, an inviting eat-in kitchen, and a comfortable queen-sized bedroom. Embrace the cosmopolitan lifestyle of New Farm as you enjoy the luxury of having everything within walking distance.
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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