117/30 Festival Pl, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 74m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Whether you're dreaming of breaking out of the rental cycle and securing your first home, you're looking for a modern and stylish inner-city gem or you're on the hunt for the ultimate investment, this could be for you. On offer is this spacious one-bedroom, one-bathroom apartment nestled within a prized pocket of Newstead only moments from shops, cafes, restaurants and public transport links.
From the moment you step inside, the light-filled layout unfolds to reveal an open-plan and air-conditioned kitchen, dining and living zone. This generous gathering space will serve as the hub of everyday life as you cook up a storm in the kitchen, relax with your favourite movie or dine with guests.
Oversized floor-to-ceiling windows enhance the bright and airy feel plus there's plush carpet underfoot, crisp neutral colour tones throughout and a glass sliding door that allows you to move outside to the covered balcony.
Love to cook? There's a suite of stainless steel appliances in the kitchen, including a dishwasher, along with plenty of bench and storage space for absolute functionality.
The large proportions continue into the bedroom with more expanses of glass and a built-in robe. For the lucky new owners, there's also an in-unit laundry, plenty of built-in storage, a well-appointed main bathroom and parking for one car. Residents of this prized building are not only treated to a sought-after address but there's even a communal pool and sun-soaked terrace, a gym and an ultra-modern lobby for a warm welcome home each and every day.
Everything you could ever need is no more than a few minutes from this must-see apartment. The popular Gasworks Plaza is at your fingertips with renowned restaurants, cool cafes and specialty stores on hand while vibrant nightlife, bars and a host of amenities are also close by. You can walk to bus stops, train stations and ferry terminals and you're just moments from the Valley and the CBD.
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 5,585 properties. Over the last 5 years, Houses in Newstead have seen a -50.87% decrease in median value, while Units have seen a 40.53% increase. As at 31 October 2024:
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