SOLD
Sold on 07 Aug 2024 for $9,515,000

23 Maud Street
Newstead QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 506m2
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Property Details for 23 Maud St, Newstead

Building Type
Commercial
Land Size
506m2
Local Government
Brisbane
Lot/Plan
71/RP9348

Last Listing description (August 2018)

Cushman & Wakefield, on behalf of the owners, are pleased to exclusively present 23 Maud Street, Newstead to the market for sale via Expressions of Interest closing Wednesday 27 of June 2018 at 4pm.
This terrific opportunity offers the following key features:
- 506sqm* land area

- 417sqm* building area
- 5 at grade car parks
- Zoned MDR (Medium Density Residential)
- High quality and versatile office/showroom multi-purpose building
- Significant future development upside
- Short walk to Gasworks
- High growth precinct with substantial population influx
- Direct connectivity to major arterial networks including Breakfast Creek Road and Kingsford Smith Drive
*Approx.
For further information on this opportunity please contact the Exclusive Agents Cushman & Wakefield.

Property History for 23 Maud St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$9,515,000
07 Aug 2024
  • 07 Aug 2024
    Sold for $9,515,000
  • 16 Sep 2021
    Sold for $3,465,000
  • 26 Jun 2018
    Sold for $2,282,500
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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.

Suburb Insights for Newstead 4006

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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.