53 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
OFF MARKET

53 Merthyr Road
New Farm QLD 4005

Bedrooms: 5
Bathrooms: 4
Car spaces: 3
Floor area: 222m2
Land area: 503m2
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Property Details for 53 Merthyr Rd, New Farm

53 Merthyr Rd, New Farm is a 5 bedroom, 4 bathroom Unit with 3 parking spaces and was built in 1890. The property has a land size of 503m2 and floor size of 222m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
1890
Floor Size
222m2
Land Size
503m2
Local Government
Brisbane
Lot/Plan
2/RP8733

Last Listing description (September 2024)

One of New Farm's most incredible addresses and one of three iconic, once identical residences on Merthyr Road, 'Linsdale' is a heritage-listed colonial home that effortlessly combines historical charm with modern potential. Positioned on a 503sqm allotment with dual street access in the highly sought-after lifestyle of New Farm, this property offers a wealth of possibilities. Whether you choose to preserve its classic appeal, renovate it into your dream home, or maximize income by renting all units, this home stands as a testament to the period's flamboyant style.

Currently utilised as an investment property, each of the four units features dual entry access, an open-plan design with polished hardwood floors, and air-conditioning in the living areas. The units are equipped with gas cooktops, and the property includes a rear two-car carport with access from Lower Bowen Terrace. Additionally, under-home laundry facilities and a storage area are provided for convenience.

The front two units have been thoughtfully updated to preserve the charm of existing house. They are now adjoined by a lockable door to create a spacious three-bedroom apartment while generating respectable rental income. Located at the rear of the house, units three and four feature one-bedroom, a combined living and dining area adjoining the kitchen.

Built adjacent to two exemplary homes, this property showcases the potential for transformation and consolidation if you choose to renovate. The inviting front porch, adorned with wrought iron railings, is a nod to the era's elegance. Enjoy the landscaped front yard. Inside, light-filled rooms enhance the sense of space and comfort. At its core, this home exudes prestige, character, and warmth qualities highly sought after on the peninsula.

Positioned at the heart of all that New Farm has to offer, with its tree-lined streets, restaurants, cafes, and New Farm Park just 400 meters away. Enjoy the convenience of the CityCat and express bus services within walking distance, ensuring easy connections to the CBD and surrounding areas. Prestigious schools such as Holy Spirit and New Farm State School are just a short stroll away.

The existing updates provide a solid foundation, and with a thoughtful renovation, the home can be transformed back into a magnificent family residence that honors its colonial roots while incorporating modern comforts. An exceptional opportunity to secure a historical heritage home with rental income and potential for enhancement in one of Brisbane's most exclusive inner-city suburbs.

Disclaimer:
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 53 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Last Sold
$2,600,000
29 Jul 2024
Listed for Rent
$280/w
07 Oct 2016
  • 29 Jul 2024
    Sold for $2,600,000
  • 11 Jun 2024
    Listed for Sale For Sale
  • 28 Jul 2019
    Sold for $1,625,000
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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 30 properties listed for sale, and 24 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 313 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.