The pockets that matter
New Farm rewards knowing the block, not just the postcode. The streets running off Merthyr Road toward the park hold the strongest rents, and anything with a genuine outlook over New Farm Park or the river sits at the top of the range. The flat riverside edge near the Powerhouse is where the 2022 flood reached, so ground-floor units and lower garages there need honest disclosure and a realistic price rather than optimism. Back toward Brunswick Street the land rises, and those blocks stayed dry. Walkability does much of the pricing work here: a tenant who can leave the car and reach Merthyr Village on foot will pay for it.