SOLD
RECENT ADVICE
Sold on 12 Jun 2024 for $560,000

1410/7 Chester Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 1410/7 Chester St, Newstead

1410/7 Chester St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Local Government
Brisbane
Lot/Plan
11410/SP286456

Last Listing description (June 2024)

*** Please scroll down to find financial information on this property***

This modern, executive apartment in the award-winning Chester and Ella apartment building offers luxury inner-city living in the heart of Brisbane. With immaculate, near-new presentation, sleek and spacious design, high-quality finishes, and a range of concierge services and first-class facilities, it provides a truly exceptional living experience minutes’ walk from the thriving James Street Precinct.

Key Features:

• Modern executive apartment with balcony views over Tenerife & Newfarm
• Open plan living, dining, & kitchen area with study nook; one bed, one bath
• High ceilings, floor-to-ceiling windows, oak floor, marble stone waterfall island
• European stainless-steel appliances, including Miele cooktop & dishwasher
• Ducted air conditioning, ceiling fans, European laundry, secure car space
• Concierge service: dry cleaning, car washing, bookings, cleaning, & more
• Two rooftop pools, outdoor cinema, BBQ and outdoor entertaining spaces
• Fully equipped gym, private theatre room, dining room & chef’s kitchen
• Walk to James Street, the Gasworks & supermarkets, restaurants, shops
• Walk to transport, close to Brisbane CBD, Chinatown, Fortitude Valley
• Short drive to Storey Bridge and Howard Smith Wharves
• Tenanted at $650 per week till the 17/01/2025

Best suited for:
Investors or buyers wanting a low-maintenance near new unit.

BCC Rates: $480.95 approx. per quarter
QUU Rates: $240 approx. per quarter (excluding water usage)
BC Levies: $1,383 approx. per quarter
Total in Skining Fund: $1,102,915.38

Please contact Peggy for further details on 0404 880 777.

Property History for 1410/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$560,000
12 Jun 2024
  • 12 Jun 2024
    Sold for $560,000
  • 06 Mar 2024
    Listed for Sale SOLD BY PEGGY LIU
  • 10 Nov 2016
    Sold for $460,000

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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 5,587 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:

  • The median value for Houses in Newstead is $540,666 while the median value for Units is $789,614.
  • Houses have a median rent of $778 while Units have a median rent of $750.
There are currently 33 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 470 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

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Contact agent
Peggy Liu
Show contact details
Aurora Asset Management
Preferred contact:
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.