208/1 Ella StreetNewstead QLD 4006
Property Details for 208/1 Ella St, Newstead
208/1 Ella St, Newstead is a 2 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 106m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (March 2024)
A stone's throw from the eclectic James Street precinct, this great value, large (total 106m2) two-bedroom apartment on the first floor is the ideal entry-level into Brisbane's bustling inner city market.
The complex 'The Establishment' is 16 years old and is very appealing with an open-air, internal atrium architectural feature, complete with calming fish ponds on the ground floor. The apartment itself overlooks quiet Ella Street and provides a sanctuary for both owner-occupiers and investors.
Contemporary details are on offer with a generous kitchen, quality cabinetry, stone benchtops and stainless steel appliances. From the kitchen, the dining and living areas flow in a versatile, open design, leading to the covered alfresco terrace. Enjoy the inside-outside design perfect to entertain friends and family.
Each of the two bedrooms is well-sized and offers privacy from the other with the main bathroom being between them. The master bedroom has an ensuite, access to the balcony and both feature built-in robes.
- Bamboo flooring in the living and dining areas
- Kitchen with stone benchtop and stainless steel appliances
- 2 x new split system AC's
- Updated light fittings throughout, new blinds to windows
- Secure basement parking for one car
- Sinking Fund $194,016.86
- Rates $430.40 per quarter
- Body Corporate $7,383.18 per annum (10% discount if paid by the due date)
- Rental Appraisal $510 per week
This position in Newstead delivers residents a cosmopolitan lifestyle like no other. Within walking distance from this property are the shopping, dining, and entertainment precincts of Gasworks, James Street, and Fortitude Valley. Active buyers will appreciate this close proximity to Waterfront Park, Teneriffe Park, and the walking paths that trace the Brisbane River. The City Glider Bus and Fortitude Valley Station are moments away.
This is excellent buying in a fantastic location. Call Beth today for more information.
Property History for 208/1 Ella St, Newstead, QLD 4006
- 25 Sep 2021Sold for $495,000
- 13 Jul 2021Listed for Sale Under Contract
- 27 Aug 2014Sold for $475,000
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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.
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