176 Merthyr Rd, New Farm is a 1 bedroom, 3 bathroom House with 3 parking spaces and was built in 1920. The property has a land size of 300m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2012.
A FASHIONABLE HOME IN A DESIRABLE LOCATION
THIS RENOVATED QUEENSLANDER FITS BEAUTIFULLY INTO THIS VIBRANT URBAN LOCATION WITHIN AN EASY WALK TO SHOPS, RESTAURANTS, CAFES AND THE RIVER. THE OPPORTUNITY TO BUY AND ENJOY THE COMFORTS THIS HOME AFFORDS IS SECOND TO NONE OR REAP THE RENTAL AND CAPITAL RETURNS FROM THIS PROVEN INCOME PRODUCING ASSET. BUYING THIS HOME GIVES YOU MULTIPLE OPTIONS! - ENJOY TWO LEVELS OF INNER CITY LIVING OR LIVE ON ONE LEVEL WHILE RETRIEVING INCOME FROM THE OTHER. THE SELF-CONTAINED FACILITIES BELOW THE MAIN RESIDENCE IS THE IDEAL INNER CITY PAD, PERFECT FOR THE TRAVELLING PROFESSIONAL. MAKE THE TOP LEVEL YOUR HOME AND ENJOY OPEN PLAN LIVING, A STUNNING KITCHEN AND CHIC BATHROOMS. ELECTRICITY IS SEPARATELY METRED SO THERE'S NO INTERFERING WITH YOUR TENANTS AND THE LOW MAINTENANCE BLOCK ENSURES YOU WON'T BE SPENDING EVERY WEEKEND IN THE GARDEN. - REAP THE CURRENT RENTAL RETURN OF $1,250.00 PER WEEK AS A FULLY FURNISHED RESIDENCE OR LET OUT AS A HOME WITH A RENTAL APPRAISAL OF $1,000.00 PER WEEK. THE CURRENT OWNER HAS ACHIEVED HIGHER RENT FOR THIS PROPERTY AND IS CONFIDENT THAT WITH A FEW MINOR IMPROVEMENTS YOU COULD DEMAND MORE. NEW FARM OFFERS THE MOST COSMOPOLITAN LIFESTYLE IN BRISBANE. HOUSES ARE A LIMITED COMMODITY IN THIS SUBURB SO FEEL CONFIDENT THAT YOUR INVESTMENT DOLLARS PLANTED HERE ARE SET TO GROW. OUR OWNER IS HIGHLY MOTIVATED TO SELL SO TAKE ADVANTAGE OF THEIR DETERMINATION AND SECURE YOUR SLICE OF THIS OUTSTANDING, APPRECIATING AND PROFITABLE POSITION. CALL NOW! SUSTAINABILITY DECLARATION AVAILABLE FROM AGENT.
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:
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