PropertyCheck.auFree appraisal
Apartment / UnitFor sale

17/40 Merthyr Road, New Farm QLD 4005

3 bed1 bath1 car132 m² floorBuilt 1969

Lift accessPet-friendly buildingResort-style facilitiesDistrict views

PropertyCheck estimate

$1,198,000

as at Jun 2026

High confidence
Low $1.14mHigh $1.26m

Statistical model estimate, not a professional valuation. Range reflects a ±5.0% 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 4.7%

Buying costs snapshot

Stamp duty ≈ $49,410 (QLD)

Repayments ≈ $5,685/mo (80% LVR, 5.9%, 30y)

Estimated value over time

Today's estimate carried back along the New Farm unit price index.

$739k$860k$981k$1.10m$1.22m2016201820192021202220242025Value

Sales history

DateSale priceChange
18 Sep 2014$832,500

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.

17/40 Merthyr Road, New Farm QLD 4005 — Property Value, Estimate & Sales History | PropertyCheck