OFF MARKET

2/27 Cunningham Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 97m2
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Property Details for 2/27 Cunningham St, Newstead

2/27 Cunningham St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 97m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
Unit
Year Built
2012
Floor Size
102m2
Land Size
97m2
Local Government
Brisbane
Lot/Plan
2/SP221433

Last Listing description (August 2024)

Park at Waterfront embodies Mirvac's quality build and innovative design to set a new benchmark in apartment living. As you enter, you're greeted by the immaculate, open plan living area with views to green open space. The outdoor balcony overlooking the manicured parkland makes a perfect area to entertain friends.

The innovative kitchen featuring Miele appliances provides the flexibility and space rarely offered in apartments. The unique planning in this apartment means versatility and harmonious living with separately spaced bedrooms and bathrooms both with equal amount of design integrity.

The interior takes on a modern approach to urban living with warm tones punctuated with white to create a fresh contrast.

Features include:
- 2 bedrooms, 2 bathrooms, 1 secure car space
- 97m2 - directly fronts parkland with views to the perched lake and the Brisbane River
- Design kitchen featuring two-pac finish joinery, soft close cabinetry, colourback glass splashback & tinted mirror feature joinery
- A range of integrated Miele appliances including Miele gas stove top, microwave, dishwasher, oven
- Integrated Fisher & Paykel fridge / freezer included
- Separate laundry room including a washing machine and dryer
- Fully zoned ducted air conditioning
- High set ceilings
- Commercial-grade glazing systems
- NBN access
- Full building security - onsite management
- Excellent public transport facilities
- Break lease - rent will increase to $875/week from 21/01/2025

This outstanding apartment is located in one of Brisbane's most developing and exciting precincts.

Please contact us today on 0431 341 912 or pm@brightdugganrealty.com.au to arrange an inspection.

*This apartment is unfurnished - photos are indicative*

Property History for 2/27 Cunningham St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$650,000
08 Aug 2013
Listed for Rent
$750/w
01 Aug 2024
  • 25 Jul 2024
    Listed for Rent $750 / week
  • 31 May 2021
    Listed for Rent $550 / week
  • 03 Aug 2020
    Listed for Rent $580 / week
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About Newstead 4006

The size of Newstead is approximately 0.9 square kilometres. It has 3 parks covering nearly 8.2% of total area. The population of Newstead in 2011 was 836 people. By 2016 the population was 2,204 showing a population growth of 163.6% in the area during that time. The predominant age group in Newstead is 20-29 years. Households in Newstead are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 46.6% of the homes in Newstead were owner-occupied compared with 37.6% in 2016.

Newstead has 5,694 properties. Over the last 5 years, Houses in Newstead have seen a -48.76% decrease in median value, while Units have seen a 38.42% increase. As at 31 July 2024:

  • The median value for Houses in Newstead is $475,776 while the median value for Units is $771,858.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 38 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 503 properties were sold in the past 12 months in Newstead.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.