FOR SALE
Under Contract within 5 days

36 Evelyn Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
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Sold by Andy Nutton and the Purple Cow team.

Looking for quiet and tranquil location in the heart of Newstead?
Then look no further! Perfect for investment or first home, this cleverly designed floorplan features two (yes – two!!) master bedrooms separated to create two separate living zones, both bedrooms feature large walk-through robes and ensuites. Ideal for an investment or first home buyer:
Investors:
Maximise your rental returns, having two separate master bedrooms for tenants separated by a communal living, dining and kitchen – these styles of floorplans are extremely popular in this tight rental market as they are ideal for co-sharing tenants as they have their own separate living zones for better privacy and comfort, providing up to a 5.6% gross rental yield with a rental appraisal of approx. $920-$970pw.
First home buyers: 
Get help to cover the mortgage – this home is ideal for a roommate if you need help to cover some of your mortgage – typically you could rent out the second master bedroom for approx. $500 per week, which is approx. 2.9% gross rental yield whilst still enjoying the Newstead lifestyle which is arguably the best community in Brisbane.
The Carlyle is one of the most sought-after buildings in Newstead. Look forward to coming home to several resort style amenities, wake up and roll out of bed into the gym for your morning workout or swim. After a busy day at work, you'll be able to relax and sweat out the stresses of the day in the sauna and then jump in the spa for further relaxation, ahhhh bliss! 
Entertain friends and family with the communal pizza oven, make your favourite slices and then watch a movie under the stars with the outdoor projector and grass area.
Other amazing features of this home:
o Two master beds with their own walk-through robes and ensuite
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Property Details for 36 Evelyn St, Newstead

36 Evelyn St, Newstead is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 100m2. The place is currently for sale with Purple Cow Real Estate.

Building Type
Apartment
Floor Size
100m2

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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 5,598 properties. Over the last 5 years, Houses in Newstead have seen a -48.79% decrease in median value, while Units have seen a 38.25% increase. As at 30 September 2024:

  • The median value for Houses in Newstead is $540,757 while the median value for Units is $781,533.
  • Houses have a median rent of $775 while Units have a median rent of $735.
There are currently 49 properties listed for sale, and 16 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 468 properties were sold in the past 12 months in Newstead.

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Andy Nutton
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