SOLD
Sold on 20 Oct 2023 for $735,000

1306/7 Chester Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 76m2
Land area: 102m2
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Property Details for 1306/7 Chester St, Newstead

1306/7 Chester St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 102m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
76m2
Land Size
102m2
Local Government
Brisbane
Lot/Plan
11306/SP286456

Property History for 1306/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$735,000
20 Oct 2023
  • 20 Oct 2023
    Sold for $735,000
  • 19 Sep 2016
    Sold for $760,000

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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 5,668 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 21 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 489 properties were sold in the past 12 months in Newstead.

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