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Apartment / UnitRecently sold

23/1 Merthyr Road, New Farm QLD 4005

1 bed1 bath1 car78 m² floorBuilt 1980

BalconyDistrict viewsLift accessFloor-to-ceiling windowsResort-style facilities

PropertyCheck estimate

$510,000

as at Jun 2026

High confidence
Low $484kHigh $537k

Statistical model estimate, not a professional valuation. Range reflects a ±5.3% model deviation based on 6 comparable sales. Do not rely on it for lending or legal decisions.

Rental estimate

$430/wk

Range $395–$465 · gross yield 4.4%

Buying costs snapshot

Stamp duty ≈ $16,275 (QLD)

Repayments ≈ $2,420/mo (80% LVR, 5.9%, 30y)

Estimated value over time

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

$315k$366k$418k$469k$521k2016201820192021202220242025Value

Sales history

DateSale priceChange
21 Jan 2026$494,500

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.

23/1 Merthyr Road, New Farm QLD 4005 — Property Value, Estimate & Sales History | PropertyCheck