3/117 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

3/117 Merthyr Road
New Farm QLD 4005

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 506m2
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Last updated 3 Aug 2026
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Property Details for 3/117 Merthyr Rd, New Farm

3/117 Merthyr Rd, New Farm is a 1 bedroom, 1 bathroom House. The property has a land size of 506m2.

Building Type
House
Land Size
506m2
Local Government
Brisbane

Last Listing description (October 2025)

No inspection until after the 6th October 2025.

Ground level one bedroom apartment with courtyard and car space.

By the time you move in, the apartment would have been full painted internally.

Fantastic New Farm Location! Being within walking distance to the river, New Farm Park, Powerhouse Arts Centre, Farmers Market, Merthyr Village, cafes, and restaurants is definitely a sought-after feature. With such amenities and attractions nearby, it's no wonder that the address is highly desirable.

Property Features
* One oversize bedroom with built-ins and includes desk space
* NEW timber look alike flooring to be installed across the entire unit
* Spacious kitchen
* Reverse cycle air conditioning /dining (cooling & heating)
* Sufficient space for a small dining table in living are

* Light-filled open plan living
* Security grills & screens
* Laundry behind cupboard doors
* Large private courtyard for your outdoor coffee table
* Gate to front of property
* Washing line in rear courtyard

Nil car park. Tenants must apply to Brisbane City Council to get parking permit on the street.

* 150m to Merthyr Rd bus lines
* 150m to Merthyr Village (Coles, restaurants, boutiques)
* 270m to New Farm Park - soccer, tennis & park fun
* 300m to your new favourite coffee/beer hang at "Bitter Suite"
* 450m to New Farm Bowls Club
* 700m to Brisbane Powerhouse
* 750m to New Farm Ferry Terminal

Servies - tenant must connect and pay for all services.

No inspection until after the 6th October 2025.

Property History for 3/117 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$525/w
10 Oct 2025
  • 16 Sep 2025
    Listed for Rent $525 / week
  • 26 Aug 2024
    Listed for Rent $480 / week
  • 13 Jul 2023
    Listed for Rent $480 / week
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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 20 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 323 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.