165/45 Newstead Tce, Newstead is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1995. The property has a land size of 213m2 and floor size of 145m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
As Newstead booms astute buyers are moving quickly to purchase tightly held waterfront properties. This well appointed apartment on the fifth floor of the 'Oriana' building in Mariner's Reach will be no exception. With stunning views along the Hamilton Reach of the river and surrounded by magnificent gardens buyers will be captivated by the serenity and beauty as well as the convenient, easy lifestyle on offer.
Mariner's Reach is located only 2.5kms to the CBD and a ten minute drive to the airport. Built alongside the river and set amongst three and a half acres of beautifully maintained landscaped gardens it is one of Brisbane's most iconic developments. Besides enjoying the serenity and the fabulous resort style facilities residents also enjoy being within walking distance to some of Brisbane's best restaurants, bars and cafes as well as a Woolworths, a medical centre and pharmacy located in the nearby Gasworks precinct.
Well maintained throughout with potential to value add this apartment boasts 144sm2 of internal living space and 44m2 of balcony as well as two adjoining car parks with a storage lockup. The cleverly designed floor plan features three generously sized bedrooms separated to maximise peace and privacy. The master bedroom opens out onto the balcony overlooking the river.
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 5,670 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:
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