114 Merthyr RoadNew Farm QLD 4005
Property Details for 114 Merthyr Rd, New Farm
114 Merthyr Rd, New Farm is a 11 bedroom, 6 bathroom Unit with 5 parking spaces and was built in 1970. The property has a land size of 546m2. While the property is not currently for sale or for rent, it was last sold in January 1930.
Last Listing description (August 2018)
This is your chance to secure a complex of five strata titled units. A solid investment in the heart of New Farm, this complex is ideally positioned with dual street frontage to both Merthyr Road and Gertrude Street.
Comprising of 4x2 bedroom and 1x3 bedroom units, you have the opportunity to rent out as is and receive quality returns or utilise potential to convert the building into 6x2 bedroom units (STCA).
Spanning three levels and 546m2, this well presented block of units features open plan living spaces with air-conditioning, functional kitchens with stainless steel appliances, good sized bedrooms, bathrooms and lock-up garages.
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Property History for 114 Merthyr Rd, New Farm, QLD 4005
- 12 Jun 2018Listed for Sale SOLD
- 25 Jan 2018Listed for Rent - Price not available
- 02 Mar 2017Listed for Rent - Price not available
Recent sales nearby
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About New Farm 4005
The size of New Farm is approximately 2.5 square kilometres. There are 4 parks, covering nearly 9.1% of the 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 7,940 properties. Over the last 5 years, Houses in New Farm have seen a 56.77% increase in median value, while Units have seen a 75.09% increase. As at 31 July 2026:
- The median value for Houses in New Farm is $3,293,049 while the median value for Units is $1,215,198.
- Houses have a median rent of $1,150 while Units have a median rent of $680.
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