OFF MARKET

302/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 88m2
Land area: 105m2
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Property Details for 302/27 Commercial Rd, Newstead

302/27 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 105m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
2016
Floor Size
88m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
302/SP273554

Last Listing description (July 2018)

Live the life you dream of now in this superb 2 bedroom, 2 bathroom corner North facing apartment at La Vida Newstead. Enjoy cooking in the entertainers kitchen featuring European appliances and Quartzite bench tops which flows seamlessly into the dining, lounge and then onto the balcony that runs along the entire face of the apartment.
This spacious abode oozes style as well as two bedrooms each with luxury bathrooms and storage options. Ducted air conditioning is standard as is the envy of your friends.
The complex also offers residents access to Newstead s Ultimate rooftop pool and entertaining decks with views to the edges of Brisbane.

Property History for 302/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$780,000
18 Aug 2023
Listed for Rent
$590/w
08 Feb 2017
  • 18 Aug 2023
    Sold for $780,000
  • 29 May 2018
    Sold for $565,000
  • 09 Aug 2017
    Listed for Sale Not Disclosed
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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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