10/59 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

10/59 Merthyr Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 142m2
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Property Details for 10/59 Merthyr Rd, New Farm

10/59 Merthyr Rd, New Farm is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1990. The property has a land size of 142m2 and floor size of 142m2.

Building Type
Unit
Year Built
1990
Floor Size
142m2
Land Size
142m2
Local Government
Brisbane
Lot/Plan
10/BUP11824

Last Listing description (November 2023)

Located in a solid brick building of only 10 apartments this two bedroom, two bathroom plus office space unit is sure to impress!

Some of the features include:-
- Very modern, recently updated

- Open plan living area leading to balcony
- Two bathrooms
- Ducted air conditioning
- Separate office space
- Tandem car park for two cars with remote
- Large front balcony

Situated 2km from Brisbane CBD, which is easily accessible by public transport.

This property is positioned in close proximity to Merthyr Village, cafes, shops, dining and boutique shopping of James Street, Teneriffe eateries and the Powerhouse entertainment precinct

*****PREFER NO PETS****

For more information or to arrange an inspection contact All Urban Rentals 07 3254 2300.

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Property History for 10/59 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$700/w
21 Nov 2023
  • 21 Nov 2023
    Listed for Rent $698 / week
  • 06 Apr 2022
    Listed for Rent $499 / week
  • 31 Jan 2019
    Listed for Rent $500 / week
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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 26 properties listed for sale, and 25 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 312 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.