1/59 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

1/59 Merthyr Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 132m2
Land area: 132m2
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Property Details for 1/59 Merthyr Rd, New Farm

1/59 Merthyr Rd, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces. The property has a land size of 132m2 and floor size of 132m2.

Building Type
Unit
Floor Size
132m2
Land Size
132m2
Local Government
Brisbane
Lot/Plan
1/BUP11824

Last Listing description (November 2016)

An exciting opportunity exists for those couples seeking to share a large apartment or for someone looking for the ideal home office.
The features are endless in this unique property, comprising of two bedrooms - all with built in robes, two bathrooms, large formal dining area, modern kitchen with dishwasher. Air conditioning is also included to the main living area and both bedrooms.
There are many features externally as well - enormous courtyard, covered entertaining area, single lock up garage (with direct access to the apartment)and private entrance to the unit. The garage also contains a study area.

The location is perfect, just a short stroll to Merthyr Village Shopping Centre, New Farm park, Brisbane River and the Riverside Boardwalk direct to the city. Take advantage of all the fine amenities, shopping, cafes and restaurants that New Farm has to offer and Brisbane City is only 2km.
For more information or to arrange an inspection contact All Urban Rentals 07 3254 2300.
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Property History for 1/59 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$550/w
24 Nov 2016
  • 17 Nov 2016
    Listed for Rent $530 / week
  • 21 Mar 2014
    Listed for Rent - Price not available
  • 25 Apr 2012
    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 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 7,934 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 30 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 313 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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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.