1/87 Merthyr Road, New Farm QLD 4005
3 bed1 bath1 car157 m² floorBuilt 1961
District viewsStone benchtopsResort-style facilitiesPet-friendly building
PropertyCheck estimate
$1,263,000
as at Jun 2026
Statistical model estimate, not a professional valuation. Range reflects a ±6.1% model deviation based on 6 comparable sales. Do not rely on it for lending or legal decisions.
Rental estimate
$1085/wk
Range $1000–$1170 · gross yield 4.5%
Buying costs snapshot
Stamp duty ≈ $53,148 (QLD)
Repayments ≈ $5,993/mo (80% LVR, 5.9%, 30y)
Estimated value over time
Today's estimate carried back along the New Farm unit price index.
Sales history
| Date | Sale price | Change |
|---|---|---|
| 22 Dec 2016 | $861,000 | — |
The evidence behind this estimate
Recent comparable sales, indexed to today and adjusted for attribute differences. This is the transparency most estimators keep behind a paywall.
36/4 James Street, New Farm
Unit · 3 bed · 1 bath · 1 car · 1.2 km away
$1,130,000
12 Dec 2024
≈ $1.20m adjusted
24/77 Moray Street, New Farm
Unit · 3 bed · 1 bath · 1 car · 0.7 km away
$1,261,500
14 Mar 2026
≈ $1.27m adjusted
31/70 Annie Street, New Farm
Unit · 3 bed · 1 bath · 1 car · 1.7 km away
$1,091,500
15 Jul 2024
≈ $1.17m adjusted
26/13 Brunswick Street, New Farm
Unit · 3 bed · 1 bath · 1 car · 1.4 km away
$1,119,000
23 Nov 2024
≈ $1.18m adjusted
16/15 Sydney Street, New Farm
Unit · 3 bed · 1 bath · 2 car · 1.5 km away
$1,461,500
8 Jan 2026
≈ $1.38m adjusted
19/41 Sydney Street, New Farm
Unit · 3 bed · 1 bath · 2 car · 0.6 km away
$1,238,500
25 Feb 2025
≈ $1.25m adjusted