SOLD
RECENT ADVICE
Sold on 10 Sep 2024 for $400,000

30204/24 Stratton Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 53m2
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Property Details for 30204/24 Stratton St, Newstead

30204/24 Stratton St, Newstead is a 1 bedroom, 1 bathroom House and was built in 2017. The property has a land size of 53m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom House sold in Newstead in the last 12 months.

Building Type
House
Year Built
2017
Floor Size
50m2
Land Size
53m2
Local Government
Brisbane
Lot/Plan
30204/SP275721

Last Listing description (September 2024)

Located in the heart of one of Brisbane's most sought-after suburbs, this contemporary one-bedroom apartment is just two kilometres from the CBD. Offering the perfect blend of convenience and lifestyle, it's the best value entry-level property on the market!

Prime Location:
Experience urban living at its finest! Nestled in a bustling lifestyle hub, you'll be just a stroll away from iconic landmarks like Emporium, James Street, and the Gasworks Retail and Dining Precinct. Enjoy seamless access to public transport.

Apartment Features:
Stylish Kitchen: The kitchen is both stylish and functional, featuring top-of-the-line European appliances, a sleek stone benchtop, and custom cabinetry.
Generous Bedroom: The spacious bedroom boasts a modern bathroom, large mirrored built-in wardrobes, and plenty of room for a queen-sized bed.
Modern Living: Floor-to-ceiling sliding doors, ducted air conditioning, ceiling fans, and recessed blinds ensure comfort and style.

Comfort and Longevity:
The current tenant has enjoyed living in this apartment for the past six years, a testament to its comfort and quality. Rented at $480 per week with the tenancy ending in mid-February, the apartment's location ensures very low vacancy rates. The rental appraisal for this apartment is $550-$600 per week, making it a solid investment.

Resort-Style Amenities:
Indulge in the ultimate leisure experience! Enjoy exclusive access to the on-site swimming pool, perfect for relaxing after a long day or for a refreshing morning swim. Stay active at the state-of-the-art gym, equipped with the latest exercise equipment. Host memorable gatherings with friends and family in the recreational BBQ area, surrounded by lush greenery.

Additional Details:
This apartment is not just a place to live but a lifestyle choice. It's an unbeatable entry-level property offering the best value in the market. One-bedroom apartments with car parks are around $500K but rent for a similar price. While it doesn't come with a car park, there are plenty of private rental options available for $50-$60 per week if you need a car space. The building itself is just 7 years old, ensuring modern amenities and construction quality.

The body corporate fees are approximately $1,410.76 every four months, and the council rate is approximately $499 per quarter.

Scheduled Inspection:
We have a scheduled inspection at 10:30 AM on Saturday, 13th July. Please contact me to confirm your viewing and secure your chance to see this fantastic property in person.

Property History for 30204/24 Stratton St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$400,000
10 Sep 2024
Listed for Rent
$340/w
06 Jan 2018
  • 10 Sep 2024
    Sold for $400,000
  • 21 Jun 2024
    Listed for Sale Offers over $390,000
  • 03 Mar 2017
    Sold for $376,000

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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 5,680 properties. Over the last 5 years, Houses in Newstead have seen a -40.87% decrease in median value, while Units have seen a 36.32% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $537,587 while the median value for Units is $762,476.
  • Houses have a median rent of $770 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 28 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 482 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.