3/116 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

3/116 Merthyr Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 101m2
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Property Details for 3/116 Merthyr Rd, New Farm

3/116 Merthyr Rd, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1925. The property has a land size of 101m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
1925
Floor Size
80m2
Land Size
101m2
Local Government
Brisbane
Lot/Plan
3/BUP12127

Last Listing description (February 2020)

I love walking into a space that makes me want to put some music on, pour myself a glass of Pinot Noir and sit and watch the world pass me by. This is what the current owners have been doing for the past 9 years at Lindisfarne Court but it's time to move on and allow the next caretaker to do the same.

Unit 3 is one of only 4 in a tightly held Art Deco building built circa 1925- it's location is a short skip, hop and jump to all amenities this area offers including New Farm Park, The Deli, Coles, Dickies, Jan Power's Farmers Markets, Bus and Ferry terminals.


The building itself has been well maintained and recent improvements include a new roof and insulation, a modern paint pallet externally and gardens. More and constant work is in the pipeline and ample funds are in place so no special levies are been asked. In short, it's a very well run body corporate.

Original features throughout include the hardwood floors, raw and original skirting boards and architraves, windows, brickwork, picture rails and stucco walls externally. It's original but with all the modern changes including a new kitchen with butlers, beautiful bathroom with LED lighting, a huge amount of storage and plenty of natural light from the sky light perfectly positioned in the kitchen.

* Bosch appliances in kitchen
* Private entry
* A/C
* Entertainers front balcony
* 1 secure car space
* Custom built cabinetry
* Pet friendly building

See you at the open homes or call ivo on 0412 301 439 for your private viewing opportunity.

Property History for 3/116 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$645,000
18 Jan 2020
  • 18 Jan 2020
    Sold for $645,000
  • 10 Jan 2020
    Listed for Sale Sale by negotiation
  • 14 Jul 2010
    Sold for $450,000
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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 7,938 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, 322 properties were sold in the past 12 months in New farm.

Suburb Insights for New Farm 4005

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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.