166 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

166 Merthyr Road
New Farm QLD 4005

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 400m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 26 Jan 2026
Low

High
Save

Property Details for 166 Merthyr Rd, New Farm

166 Merthyr Rd, New Farm is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 400m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
House
Year Built
1980
Land Size
400m2
Local Government
Brisbane
Lot/Plan
92/RP9138

Last Listing description (May 2024)

In one of the most exceptional riverfront lifestyle precincts, metres from the popular riverwalk and the delights of James Street, exists this extraordinary opportunity to achieve impressive gains. Updated by the current owners to present as a gorgeous inner-city home, there remains a multitude of exciting options to renovate and extend/raise (STCA).

The hero of this property is its location, being within walking distance of the CBD, Howard Smith Wharves, New Farm Park, Merthyr Village, James Street, Gasworks, and a ferry to Bulimba's Oxford Street. A regular bus service connects beyond the city to South Bank and West End, while it's less than 20 minutes to Brisbane Airport and major coastal routes.

This ultimate investment property currently offers three bedrooms, an open-plan kitchen/dining/living, sunroom with study nook, family bathroom, and a large rear covered timber deck overlooking the heated swimming pool bordered by limestone pavers, stunning breeze blocks and lush palm fronds.

For the fantastic proximity to the best of Brisbane, there's an incredible level of privacy. Storage is also at a premium courtesy of a garage spanning the entire footprint of the home. This extends out to a covered patio and a level backyard offering ample space for not only the pool, but a trampoline as well as turf for little ones and pets.

A must-inspect property for savvy buyers seeking opportunity and lifestyle, 166 Merthyr Road, New Farm offers but is not limited to;

? 400sq m property in arguably Brisbane's best riverfront lifestyle precinct
? Level block with heated swimming pool and landscaped gardens
? Updated home offering potential to renovate, extend, raise (STCA)
? Secure garage with enormous under house storage
? Timber flooring, high ceilings, VJs, ceiling fans, ducted air-conditioning and heating, solar power system
? 3km to CBD, 2km to Howard Smith Wharves, 750m to New Farm Park
? 550m to New Farm State School, 550m to Holy Spirt School
? Less than 200m to the brilliance of James Street and the popular riverwalk
? Walk to a CityCat and ferry, reliable bus service metres from the door
? Within 20 minutes of Brisbane Airport and major coastal links

To obtain further information or to arrange a private inspection, please contact Tom Lyne on 0423 696 862.

Property History for 166 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$987,500
23 Feb 2017
  • 02 May 2024
    Listed for Sale For Sale
  • 23 Feb 2017
    Sold for $987,500
  • 25 Jan 2017
    Listed for Sale Under Contract (under offer)
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 7,932 properties. Over the last 5 years, Houses in New Farm have seen a 66.48% increase in median value, while Units have seen a 86.93% increase. As at 31 December 2025:

  • The median value for Houses in New Farm is $2,813,574 while the median value for Units is $1,189,085.
  • Houses have a median rent of $720 while Units have a median rent of $650.
There are currently 26 properties listed for sale, and 23 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 320 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.