SOLD
Sold on 05 Oct 2023 for $700,000

1710/30 Festival Place
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 83m2
Land area: 101m2
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Property Details for 1710/30 Festival Pl, Newstead

1710/30 Festival Pl, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 101m2 and floor size of 83m2. 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
2016
Floor Size
83m2
Land Size
101m2
Local Government
Brisbane
Lot/Plan
1710/SP268991

Last Listing description (November 2023)

Crafted for those with a discerning taste and a penchant for urban convenience, this exceptional residence within the renowned 'Skyring' complex offers a remarkable lifestyle. Nestled in the coveted riverside precinct of Newstead, this apartment grants swift access to a myriad of dining establishments, cafes, bars, parks, and the Gasworks Plaza.

Meticulously designed, the layout effortlessly combines open-plan living with premium features that seamlessly extend to a north-facing alfresco haven. Residents enjoy a plethora of exceptional amenities designed to enhance their leisure, entertainment, and well-being.

- Elegantly upgraded interiors featuring a stylish lounge and dining zone

- Abundant use of glass and expansive sliding doors amplify natural light
- Expansive entertainer's terrace enveloped by lush green surroundings
- The well-appointed kitchen boasts high-end appliances and ample cabinetry
- Sunlit master bedroom with direct balcony access, immersed in ambient sunlight along with ensuite
- Second Bedroom oversized with built-in study
- Spacious study nook with integrated desk for productive work-from-home setups
- Impeccably presented with a sleek decor, premium fittings, and built-in wardrobe
- Dedicated laundry, ducted air conditioning, and refreshing river breezes
- Professionally managed prestigious complex with secure parking space
- Within walking distance to James Street, a short drive from Howard Smith Wharves

Crafted by the esteemed Tom Dooley Developments, the architecturally designed 'Skyring' offers a range of amenities, including landscaped gardens, a heated lap pool, a gymnasium, and barbecue facilities. Newstead's robust transportation network encompasses ride-sharing services as well as CityCat and CityGlider options, providing seamless routes to the CBD and your desired destinations.

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Property History for 1710/30 Festival Pl, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$700,000
05 Oct 2023
Listed for Rent
$620/w
29 Apr 2022
  • 05 Oct 2023
    Sold for $700,000
  • 15 Aug 2023
    Listed for Sale Offers Over $669k
  • 14 Apr 2022
    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 5,694 properties. Over the last 5 years, Houses in Newstead have seen a -48.76% decrease in median value, while Units have seen a 38.42% increase. As at 31 July 2024:

  • The median value for Houses in Newstead is $475,776 while the median value for Units is $771,858.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 38 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 501 properties were sold in the past 12 months in Newstead.

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Trevor Tippett
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