3/71 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

3/71 Merthyr Road
New Farm QLD 4005

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 89m2
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Property Details for 3/71 Merthyr Rd, New Farm

3/71 Merthyr Rd, New Farm is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 89m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 1993.

Building Type
Unit
Year Built
1950
Floor Size
89m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
3/BUP12552

Last Listing description (December 2021)

In the quest to find his father, Odysseus, Telemachus paid a visit to the king of Sparta, Menelaus. Blinded by the splendour of his palace, Telemachus' men were lost in admiration and compared the property to the palace of Olympian god, Jupiter.
Note: clearly none of them had visited 3/71 Merthyr Road !

Low-maintenance living has never looked so good. This stylish abode features a light-filled open-plan kitchen and living zone nestled to ensure a sense of space and grandeur.

FEATURES:
* Electric cooktop
* Modern Kitchen
* Floorboards

COMPLEX:
* Garage
* Sun deck
* Landscaped tropical gardens

PETS: Not pet-friendly - I know. Argos wasn't pleased either.
LEASE: Negotiable - Odysseus journey lasted 10 years and so can yours.

LOCATION:
* You are conveniently just moments away from everything you could ever ask for. Gasworks, the river boardwalk, CityCat and bus terminals and an array of some of the best restaurants, cafes & bars are all a hop, skip and a jump away.

Menelaus decorated his palace with items from Cyprus, Phoenicia, Egypt, Ethiopia, Sidonia, Lybia and others. Feel free to make your palace a little less Eclectic.

CHECK-IN VIA THE CHECK-IN QLD APP IS REQUIRED TO ATTEND ANY OPEN HOMES OR PRIVATE INSPECTIONS

Due to COVID-19 and the interest of public health and safety we must do things a little differently for the time being No more than 10 people including the agent present at the property at any one time with at least 4 square metres of space for each person. Social distancing requirements of 1.5 metres space between each person must be adhered to. With that being said, please be aware you may need to wait outside the property for a short period of time. Hand sanitiser will be provided and there will be signs outlining these guidelines.

Disclaimer:
Whilst every effort has been made to ensure the accuracy of the information contained in this listing, Odyssey Property Concierge will not be held liable for any discrepancies. Interested parties are encouraged to complete a thorough inspection.

Property History for 3/71 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$125,000
21 Apr 1993
Listed for Rent
$460/w
02 Dec 2021
  • 29 Nov 2021
    Listed for Rent $460 / week
  • 13 Feb 2019
    Listed for Rent $450 / week
  • 21 Apr 1993
    Sold for $125,000
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About 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 7,934 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.
There are currently 28 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 324 properties were sold in the past 12 months in New farm.

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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.