SOLD
Sold on 02 Oct 2024 for $585,000

201/21 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 77m2
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Property Details for 201/21 Masters St, Newstead

201/21 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 77m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2015
Land Size
77m2
Local Government
Brisbane
Lot/Plan
201/SP268531

Last Listing description (September 2024)

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

This stunning, ground floor apartment offers a huge balcony, modern neutral styling, and is only meters away from the Gasworks precinct!

Spacious 77m2 of living space, featuring an open plan lounge and dining area, that opens to the balcony. Modern L-shaped kitchen with plenty of storage; expertly designed for efficiency and easy maintenance. A moveable island bench can be whatever you need it to be for you!

Convenient study nook, that can be closed, ensuring privacy for your office space, when you're entertaining. The light and airy bedroom features two large built-in wardrobes and ample space for a reading or make-up corner. The beautifully designed bathroom features a large shower, modern vanity, big mirrors, and plenty of storage, as well as a laundry cupboard with additional storage.

The apartment has an exclusive secure car space. The complex has multiple rooftop areas with barbeques and outdoor furniture, ideal for entertaining. It's a wonderful place to enjoy the night skyline of Brisbane!

This is the ideal location with just minutes to the CBD, bike along the riverfront, walking distance to the James Street lifestyle hub, CityCat, and 20 20-minute drive to the airport.

Key features:
- Open-plan design with contemporary finishes
- Modern kitchen with mobile island bench, ideal for entertaining
- Split system air-conditioning in the living and bedroom
- Two large built-in robes in the bedroom complete with all mirror doors
- Large covered balcony with exclusive use garden
- Small, secure complex with low body corporate fees
- Pet friendly with body corporate approval
- Allocated secure carpark

Body Corporate Levies - $1,212 approx. per quarter
Total in Sinking Fund - $404,201.69
Council Rates - $411.50 approx. per quarter
Water Rates - $218 per quarter (excluding water usage charges)

Property History for 201/21 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$585,000
02 Oct 2024
  • 02 Oct 2024
    Sold for $585,000
  • 23 Sep 2024
    Listed for Sale For Sale
  • 18 Mar 2021
    Sold for $395,000
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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.

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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.