124 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
FOR RENT

124 Merthyr Road
New Farm QLD 4005

Bedrooms: 20
Bathrooms: 6
Car spaces: -
Land area: 711m2
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Property Details for 124 Merthyr Rd, New Farm

124 Merthyr Rd, New Farm is a 20 bedroom, 6 bathroom Unit. The property has a land size of 711m2.This Property is currently listed for rent with Re/Max Street

Building Type
Unit
Land Size
711m2
Local Government
Brisbane
Lot/Plan
11/SP340179

Last Listing description (February 2025)

Welcome to Eccleston Cottage, a cozy, character building at an affordable budget price and a
place for Students to call home, while living away from home, here in Brisbane.

This is an affordable choice of accommodation for local, regional or international students who may be visiting our city to study and who want to live close to the City, while on the strictest of budgets. It is an old place an nothing fancy, but well priced and well run!

About Eccleston Cottage:
All studio rooms vary in size and range in pricing from $200 - $275 per week, with all rents per week including all bills, except for the use of the laundry machines. The accommodation has a multicultural community feel with people from all over the world living in fully furnished, equipped studio rooms, all of which have their own kitchenette's and some with en-suites. All studio rooms range in size, from small singles to mid-size singles or even larger singles and large rooms for couples. .

The building also has a large communal share kitchen for people who like to do a bit more serious cooking, a number of areas to sit for a chat or to dine at, several toilets/bathrooms on each floor which are cleaned regularly. The property is affordable, quiet, well located and an easy walk to absolutely everything.

Location: This property is located at Stop 12/ Bus Route 199 on Merthyr Road in the heart of fabulous New Farm, just up the street from New Farm Village, around the corner from New Farm Park and very close to an array of cafes/restaurants.

In brief;
-Coles & Shops - 210m away
-New Farm Park - 350m away
-Snap fitness gym - 260m away
-City Cat services - 1.3km away
-All Buses - at your front door
-Rail/Train station - 1.7km away
-Fortitude Valley Mall - 2km away
-QUT Kelvin Grove Campus - 4.4km away
-QUT Gardens Point Campus - 4.5km away
-All photo's are indicative showing a variety of rooms but not all
-The minimum lease periods of 6 months apply and preferred
-Inspections by Appointment or Tuesday's & Thursday's only at 12 midday

Currently Availabe
N0-14 (upstairs) $215 p/w - Sgl size room, with Sgl bed, for 1 person - Avail. Now

All room rates are fixed prices for minimum 6 month leases, No Pets & No Non Students.

- All visitors/prospective tenants must register their details at our office
- All visitors/prospective tenants must walk through the rental property
- You can nominate a friend/relative to inspect the rental property for you
- All visitors/prospective tenants must practise all social distancing policies
- NO Online or Video tours as ther are not deemed a proper inspection
- We ask all visitors/prospective tenants should read advertisment thoroughly

To inspect, or for further information, email us at mmangelakis@agentm.property or call our office on 07 3846 5622

Property History for 124 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$210/w
06 Jan 2026
  • 06 Jan 2025
    Listed for Rent $200 / week
  • 29 May 2024
    Listed for Rent $210 / 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 7,933 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 27 properties listed for sale, and 23 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 311 properties were sold in the past 12 months in New farm.

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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.