24/159 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

24/159 Merthyr Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 78m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 24 Aug 2026
Low

High
Save

Property Details for 24/159 Merthyr Rd, New Farm

24/159 Merthyr Rd, New Farm is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a floor size of 78m2.

Building Type
Unit
Year Built
1995
Floor Size
78m2
Local Government
Brisbane

Last Listing description (February 2026)

This freshly repainted, 2 bedroom, 2 bathroom apartment located in the quiet Birchgrove Complex offers a seamless living experience in a highly sought-after location.

Take advantage of the spacious layout and fantastic location this apartment offers. With two separate balconies, this apartment is perfect for outdoor living. The large, shaded balcony overlooking Merthyr provides the opportunity for entertaining and looks over one of New Farms most popular restaurants and bars.

Property features include:

* A well-sized open-plan living, dining and kitchen area
* Generous storage in the kitchen
* 2 large bedrooms, both with built-ins
* A main entertaining balcony
* A second balcony accessible from both bedrooms
* Air Conditioning in the main living area and ceiling fans in the bedrooms
* Floating timber floors and tiles throughout
* Laundry within the second bathroom
* Secure complex with lockable remote garage
* Swimming pool in complex

Situated in the heart of New Farm, this address places you within walking distance of the Merthyr Village Shopping Centre, the Powerhouse Museum and Gasworks. Indulge in the trendy cafes, upscale restaurants, and boutique shops that adorn the area. Nearby, New Farm Park and the Brisbane River offer picturesque settings for picnics, leisurely strolls, and cycling adventures.

Transportation is a breeze with excellent public transport options, including buses and CityCat ferry services. Commuting to the CBD and other major destinations is a breeze, thanks to easy access to arterial roads.

This property will not last long, so make sure you register your interest and for the next inspection. Application accepted via 2apply or PDF downloaded from our website.

Please note: virtual staging is for illustration purposes only. The property is offered unfurnished.

Property History for 24/159 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$600/w
07 Sep 2023
  • 02 Feb 2026
    Listed for Rent $650 / week
  • 01 Aug 2023
    Listed for Rent $600 / week
  • 29 Nov 2017
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 7,941 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.
There are currently 43 properties listed for sale, and 18 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 315 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.