212/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 134m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
This two bedroom apartment ticks boxes. You can easily just move in and enjoy, or rent out straight away. Views, pool, sauna, secure and elevated, the really is a great piece of Inner city real estate.
Upon entry, the first thing that comes to mind is 'big.' Unit 212 is in a league of its own for a few reasons. Firstly, it's not going to break the bank. Secondly, you have one of the largest outdoor entertaining areas in the complex. Most importantly, you have space that will rarely be repeated in modern times, as units today often sacrifice on size. Not this one.
The well-appointed modern inner city apartment maximises a flexible open plan design, with vast living and dining spaces that flow effortlessly out onto a generous sized private balcony, an invaluable asset for the astute entertainer. Quality cappuccino marble bench tops with amble storage and bench space. Sleep peacefully with the knowledge double-glazing has been added to the property, making it your tranquil sanctuary within the inner city buzz.
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 5,585 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:
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