78 Merthyr Road, New Farm, QLD 4005 | Property Value & History | OnTheHouse
 
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78 Merthyr Road
New Farm QLD 4005

Bedrooms: 6
Bathrooms: 4
Car spaces: 3
Land area: 290m2
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Property Details for 78 Merthyr Rd, New Farm

78 Merthyr Rd, New Farm is a 6 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 290m2.

Building Type
House
Land Size
290m2
Local Government
Brisbane
Lot/Plan
2/SP216859

Last Listing description (June 2021)

The term "heart of New Farm" is often thrown around by agents, but you can't get any more in the heart of New Farm than this! This is the first time Unit 1 & Unit 2 have been offered for sale together in over a decade.

This two-level house has been converted for residential and commercial use. The residential space upstairs is currently rented for $750 per week, and the commercial space below is on a periodic lease, returning $4,484 inclusive of GST per month. Ideal for someone wanting a "cash cow" investment in a great location, a live-in home business setup with separation between both or a retiree who is interested in converting both levels into a beautiful home located in walking distance to almost everything you need to enjoy the area and the fantastic lifestyle New Farm offers.

Upstairs showcases the original timber floors and joinery, VJ walls, has been well maintained, and had improvements to the kitchen and bathroom spaces. While the commercial space has a reception area, storage space, and 3 service rooms.

Additional information, a copy of the contract of sale, title searches, and reports are all available on request.

If you would like to inspect the property outside of the advertised open home times, we are required to provide the tenants and business 24-48 hours notice, please contact the listing agents by telephone or using the contact form on this page.

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

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Property History for 78 Merthyr Rd, New Farm, QLD 4005

A timeline of how this property has performed in the market
Listed for Rent
$750/w
07 May 2019
  • 13 Apr 2021
    Listed for Sale For Sale
  • 04 Mar 2020
    Listed for Sale Sale by Negotiation
  • 04 Apr 2019
    Listed for Rent - Price not available
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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 7,933 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.
There are currently 27 properties listed for sale, and 23 properties listed for rent in New farm on OnTheHouse. According to Cotality's data, 311 properties were sold in the past 12 months in New farm.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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