7/40 Merthyr RoadNew Farm QLD 4005
Property Details for 7/40 Merthyr Rd, New Farm
Last Listing description (November 2021)
What a location!
This two bedroom unit has so much space. Older style ground floor unit in quiet complex of 8 units.
* Partially furnished
* Large living/rumpus area
* Electricity included
* Communal laundry with washing machine supplied
The property is centrally located and close to everything that this area has to offer.
*Transport - Bus stops and City Cat
* Shops - Merthyr Village within walking distance
* New Farm Park in walking distance
* Restaurants close by
This would suit a single gentleman as the upstairs is a male boarding house.
For more information or to arrange an inspection contact All Urban Rentals 07 3254 2300.
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Property History for 7/40 Merthyr Rd, New Farm, QLD 4005
- 20 Sep 2021Listed for Rent $329 / week
- 20 Aug 2020Listed for Rent $310 / week
- 10 Jul 2019Listed for Rent - Price not available
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0About 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 7,933 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.
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