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Charming Queenslander in the Heart of New Farm
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Renovation Potential

AI-estimated uplift

Estimates indicative only

For SaleFeatured
73/100

$1,420,000

Charming Queenslander in the Heart of New Farm

7 Merthyr Road, New Farm, QLD, 4005

πŸ‘¨β€πŸ‘©β€πŸ‘§ Perfect for Families🐾 Perfect for Pet owners

Investment Profile

πŸ’°

Best for Investment

Est. gross yield ~4.8% p.a. (~$1,311/wk) in coastal location with strong rental demand and low vacancy rates.

πŸ‘¨β€πŸ‘©β€πŸ‘§β€πŸ‘¦

Perfect for Families

3 bed, 2 bath, 405mΒ² block Β· pet friendly. Everything a growing family needs.

Why you'll love this

AI-generated by Claude Β· Based on location and property features

3

Bedrooms

2

Bathrooms

2

Car spaces

405 mΒ²

Land size

Yes

Pet friendly

Property description

A gorgeous pre-war Queenslander set on a lovely 405mΒ² block in the heart of sought-after New Farm. Sympathetically restored to retain its original character while delivering modern-day comfort, this three-bedroom home is the perfect inner-city sanctuary. The wrap-around verandah is ideal for entertaining or relaxing with a glass of wine on warm Queensland evenings. Inside, the home features polished hardwood floors, VJ panel walls, high ceilings and leadlight windows. The renovated kitchen has Caesarstone benchtops and stainless steel appliances. The rear yard is private and lush, with room to add a pool (STCA). Within walking distance to New Farm Park, the Powerhouse, fabulous cafΓ©s on Merthyr Road and the vibrant Brunswick Street strip.

Property features

Air conditioning
Lock-up garage
Outdoor entertaining
Pet friendly

Lifestyle Score

Personalise by your lifestyle priorities

73/100
73/100 Lifestyle score
Great

Great all-round lifestyle position.

Personalise for your lifestyle

πŸ–οΈBeach
4 min driveΒ· 25 min walk
< 5 min
🚌Transport
2 min driveΒ· 14 min walk
< 5 min
πŸ›’Shops
3 min driveΒ· 18 min walk
< 5 min
🏫Schools
2 min driveΒ· 11 min walk
< 5 min
πŸ™οΈCBD
7 min drive
5–15 min
Proximity: < 5 min 5–15 min 15+ min

Open home times

Saturday 30 May Β· 11:00 am – 11:30 am

Sunday 31 May Β· 12:00 pm – 12:30 pm

Market Insights for New Farm

Price trends, median values and recent sales

AI Renovation Vision

World First

Discover what this property could be worth after targeted renovations

Airbnb Income Estimator

Near Beach Β· Airbnb Strong

63/100

Airbnb Score

Airbnb Strong

Strong Demand

Estimated Nightly Rates

πŸ”₯ Peak Season

Dec–Jan, school hols

$286–$418

per night

⬆️ High Season

Easter, long weekends

$209–$308

per night

πŸ“… Standard

Regular nights

$154–$220

per night

πŸ“‰ Low Season

Off-peak weeks

$110–$154

per night

Annual Income Projections

Conservative

55% occ.

$31K/yr

201 nightsGross $45K
Airbnb fees-$7K
Cleaning-$6K

Moderate

70% occ.

$0/yr

255 nightsGross $58K
Airbnb fees-$9K
Cleaning-$8K

Strong

85% occ.

$48K/yr

310 nightsGross $70K
Airbnb fees-$11K
Cleaning-$10K

Mortgage vs Airbnb

Monthly mortgage (6.2%, 30yr)

$7K/mo

Monthly Airbnb income (moderate)

$3K/mo

Monthly gap-$4K/mo

Airbnb income covers a significant portion of the mortgage, with a $4K/mo gap at 70% occupancy.

Estimates based on suburb averages and property features. Actual income varies. Always conduct independent research before investing.

Strategy Comparison

Airbnb vs Long-Term Rent vs Owner-Occupy

Best: Long-Term Rent βœ…
🏠 AirbnbπŸ”‘ Long-Term RentRecommended🏑 Owner-Occupy
Monthly income+$3K+$5K$0
Monthly costs+$830+$1K+$7K
Net monthly+$3K+$4K-$7K
Annual net+$39K+$48K-$85K
10yr wealth+$1.29M+$1.37M+$41K

10yr wealth includes estimated 5% p.a. capital growth + cumulative net cashflow. Airbnb at 70% occupancy. All figures are estimates only.

Generate My Airbnb Listing

AI-written title, description & pricing strategy

Location

New Farm

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New Farm QLD 4005 β€” exact address shown on inspection

$1,420,000

House

Listed by

P

Priya Sharma

RE/MAX Brisbane

Lic. QLD-2024-117

0434 567 890 priya.sharma@remax.com.au

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Property summary

TypeHouse
ListingFor Sale
Land405 mΒ²
SuburbNew Farm
Postcode4005
StateQLD
Views203 views

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