PropertyCheck.auFree appraisal
Apartment / Unit

38/173 Merthyr Road, New Farm QLD 4005

2 bed2 bath1 car123 m² floorBuilt 2007

Lift accessFloor-to-ceiling windowsBalconyInternal laundry

PropertyCheck estimate

$970,000

as at Jun 2026

High confidence
Low $906kHigh $1.03m

Statistical model estimate, not a professional valuation. Range reflects a ±6.5% model deviation based on 6 comparable sales. Do not rely on it for lending or legal decisions.

Rental estimate

$790/wk

Range $725–$855 · gross yield 4.2%

Buying costs snapshot

Stamp duty ≈ $36,675 (QLD)

Repayments ≈ $4,603/mo (80% LVR, 5.9%, 30y)

Estimated value over time

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

$599k$697k$795k$893k$991k2016201820192021202220242025Value

Sales history

DateSale priceChange
25 Sep 2017$635,500

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.

38/173 Merthyr Road, New Farm QLD 4005 — Property Value, Estimate & Sales History | PropertyCheck