OFF MARKET

104/49B Newstead Terrace
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
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Property Details for 104/49b Newstead Tce, Newstead

104/49b Newstead Tce, Newstead is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a floor size of 106m2.

Building Type
Unit
Year Built
1998
Floor Size
106m2
Local Government
Brisbane

Last Listing description (May 2020)

This rather unique property presents the opportunity to downsize without sacrificing the space required for those special occasions such as large family gatherings This has to be at the top of the list for discerning buyers! Offering a unique mix of elegant indoor living with spacious private outdoor living and all with stunning unrestricted river views.

Outstanding Features include:
* Semi covered terrace area (113sqm)

* Large, internal floor plan (106sqm)
* All rooms face the river
* Separate laundry and large walk in pantry
* Two adjoining car parks
* Located in "Somerset" building
* Resort style swimming pools
* Well equipted gymnasium
* 3.5 acres of landscaped gardens
* Within walking distance to EVERYTHING!
* Body Corporate Fees $7,820 per year approx
* Council/ water rates $1,600 per year approx

Inspections are welcome as this apartment must be viewed to be appreciated. It is located in the "Somerset' building of Mariners Reach' an iconic riverfront apartment block only 2.5kms to the CBD and a ten minute drive to the Brisbane airport.

Residents here enjoy the serenity and beauty created by being absolute riverfront and surrounded by 3.5 acres of magnificent gardens. They also appreciate being able to stroll through Newstead River Park to some of Brisbane's best restaurants, cafes and bars as well as having the convenience of a supermarket, a medical centre and a pharmacy within walking distance in the nearby Gasworks precinct.

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Property History for 104/49b Newstead Tce, Newstead, QLD 4006

A timeline of how this property has performed in the market
  • 27 Nov 2019
    Listed for Sale Under Contract
  • 08 Apr 2016
    Listed for Rent $690 / week
  • 26 Feb 2014
    Listed for Rent - Price not available

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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 5,671 properties. Over the last 5 years, Houses in Newstead have seen a -46.62% decrease in median value, while Units have seen a 39.88% increase. As at 28 February 2025:

  • The median value for Houses in Newstead is $569,395 while the median value for Units is $798,553.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 39 properties listed for sale, and 19 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 462 properties were sold in the past 12 months in Newstead.

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