2/78 Merthyr RoadNew Farm QLD 4005
Property Details for 2/78 Merthyr Rd, New Farm
2/78 Merthyr Rd, New Farm is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1925. The property has a land size of 180m2 and floor size of 6m2. While the property is not currently for sale or for rent, it was last transferred in October 2013.
Last Listing description (December 2013)
This unique opportunity offers those with a keen eye for smart real estate the chance to gain a foothold in one of Brisbane's most sought-after suburbs.
This classic Colonial has been converted to 2 units and on offer is a spacious home across the upper level. What a fantastic location to enjoy the eclectic New Farm lifestyle. Alternatively, a savvy investor could transform the upper level into student accommodation in a high demand area with the potential for promising returns (subject to compliance).
The light and modern kitchen features rows of windows that promote a sense of freedom, opening it up to a large front deck. Great for those that love to cook and entertain, it boasts tiled floors, extensive work and storage space as well as a range of stainless steel appliances.
Four bedrooms, two bathrooms, a separate study and a seperate living area complete this charming residence. Offering a degree of flexibility, you could transform this already spacious abode into a six bedroom home, depending on your needs.
Situated in an exceptional position on vibrant Merthyr Road, everything is at your doorstep. Shops, restaurants, parks, transport and entertainment are all just a short stroll away. Additionally, the CBD is within minutes, putting you at the epicentre of the best that Brisbane has to offer. With versatility, location and traditional charm, this property definitely must be seen and at this price, will not be on the market long!
Property History for 2/78 Merthyr Rd, New Farm, QLD 4005
- 30 Oct 2013Transferred for $551,000
- 19 Jun 2013Listed for Sale Not Disclosed
- 24 Jul 2010Listed for Sale $850,000
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0About 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 7,936 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.
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