1/56 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

1/56 Merthyr Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 143m2
Land area: 143m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 9 Feb 2026
Low

High
Save

Property Details for 1/56 Merthyr Rd, New Farm

1/56 Merthyr Rd, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1986. The property has a land size of 143m2 and floor size of 143m2.

Building Type
Unit
Year Built
1986
Floor Size
143m2
Land Size
143m2
Local Government
Brisbane
Lot/Plan
1/BUP7297

Last Listing description (February 2020)

Welcome home to this extra large lightfilled apartment, this home will sure impress. Public transport is at your doorstep with regular bus services to the CBD and surrounds and also the Ferry services. You can walk to everything you need including your local Methryr Village Shopping Center, an array of cafes, restaurants, banks and takeaway stores and the popular New Farm Riverwalk. Spend your weekend only a short walk to New Farm Park, the Powerhouse or the cinemas! You can not find a better location.

CONFIRMED SCHOOL CATCHMENTS: Kelvin Grove State College & New Farm State School


FEATURES INCLUDE:
# Freshly painted throughout
# Two extra large bedrooms with built in wardrobes
# Master bedroom with ensuite
# Intercom access
# Security screen door and complex door for added security
# Spacious living area
# Dining room open plan with the living space
# A very well maintained old school kitchen with plenty of storage
# Air conditioning in the living space and master bedroom
# Wrap around balcony with limitless views
# Balcony shutters for added privacy
# Second bathroom with bath tub and shower combo
# Extra large garage can fit 1 large car with plenty of storage
# Internal laundry

LOCATION:
# 180m - Merthyr Village for all your shopping needs
# 750 m The popular New Farm Park
# 1.3 km Powerhouse Park New Farm
# 3.5 km - Brisbane CBD
# 4.6 km New Farm State School
# 10.8 km - Westfield Shopping centre Chermside
# 13.9 km - Brisbane Airport

*Photos are of similar unit in the complex*

***IF YOU DO NOT REGISTER FOR AN INSPECTION YOU WILL NOT RECEIVE SMS NOTIFICATIONS AND UPDATES. TO REGISTER FOR AN INSPECTION PLEASE CLICK ON THE VIRTUAL TOUR LINK AND FOLLOW THE PROMPTS***

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Image Property will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

PLEASE NOTE: New legislation states that you must read the General Tenancy Agreement and any special terms prior to putting an application in on the property. You will get a copy of the lease in the web book reply when you have enquired otherwise you can contact our office for a copy of the General Tenancy Agreement to be emailed to you.

Property History for 1/56 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$440/w
04 Feb 2020
  • 14 Jan 2020
    Listed for Rent $440 / week
  • 23 Jan 2019
    Listed for Rent - Price not available
  • 04 May 2015
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 2016 was 12542 people. By 2021 the population was 12197 showing a population decline of 2.8% in the area during that time. The predominant age group in New Farm is 30-39 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 2021, 44.00% of the homes in New Farm were owner-occupied compared with 39.70% in 2016.

New Farm has 7,935 properties. Over the last 5 years, Houses in New Farm have seen a 61.90% increase in median value, while Units have seen a 92.30% increase. As at 31 January 2026:

  • The median value for Houses in New Farm is $2,794,630 while the median value for Units is $1,227,049.
  • Houses have a median rent of $715 while Units have a median rent of $650.
There are currently 28 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 314 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

Market Insights
New Farm Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
New Farm Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.