OFF MARKET

305/27 Commercial Road
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 66m2
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Property Details for 305/27 Commercial Rd, Newstead

305/27 Commercial Rd, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 66m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2016
Floor Size
55m2
Land Size
66m2
Local Government
Brisbane
Lot/Plan
305/SP273554

Last Listing description (July 2022)

Rarely does an apartment showcase size, quality, location and functionality whilst also being priced to sell.

Enjoying easy access to James Street, Gasworks and a wealth of retail and dining options throughout the area, this lifestyle is one not to be missed!

Snapshot

Designer kitchen, European stainless steel appliances (gas cooktop)
Ducted air-conditioning throughout
Ceiling's heights of 2700mm
Open plan living/dining connecting to the oversized balcony
Tuck away laundry
Beautifully appointed bathroom
Great body corporate fees with on-site manger
Secure car space
Please note indicative photos used

Boasting ultimate exclusivity and privacy, La Vida facilities include a rooftop lap pool, sauna and BBQ area with panoramic views of Brisbane City and beyond. This property is perfect for both the savvy investor or lucky owner/occupier.

Come See, Buy then Occupy this exceptional apartment, Call David to arrange a private viewing at a time that suits you on 0447070595.

Property History for 305/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$420,000
27 May 2022
Listed for Rent
$410/w
15 Mar 2018
  • 27 May 2022
    Sold for $420,000
  • 11 May 2022
    Listed for Sale Offers Over $439,000
  • 06 Mar 2018
    Listed for Rent - Price not available
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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 5,679 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 29 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 479 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.