SOLD
Sold on 25 Jun 2024 for $590,000

30501/24 Stratton Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 66m2
Land area: 66m2
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Property Details for 30501/24 Stratton St, Newstead

30501/24 Stratton St, Newstead is a 2 bedroom, 2 bathroom Unit and was built in 2017. The property has a land size of 66m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
66m2
Land Size
66m2
Local Government
Brisbane
Lot/Plan
30501/SP275721

Last Listing description (August 2024)

Welcome to your very own inner-city oasis at 30501 of 24 Stratton Street, Newstead. Say hello to contemporary living, where seamless indoor to outdoor flow awaits. Whether you're looking for a place to call home or a smart investment, this residence has it all.

Step inside and discover the spaciousness of TWO (2) well-appointed bedrooms, each featuring built-in wardrobes. The TWO (2) contemporary bathrooms boast elegant soft woodgrain cupboards and stone vanities. The open-plan living area effortlessly turns onto the balcony utilising the bifold doors providing a picturesque outlook over Newstead - This functional design gives you the ability to extend the internal living space when closed and extend the balcony space when opened. The kitchen is both functional and stylish, showcasing stone benchtops, a gas stove, built-in microwave, and clever storage solutions.

Enjoy the convenience of ducted air conditioning throughout the entire apartment, tiled living areas, ceiling fans, and an intercom system. 'St Tropez' residents are treated to luxurious amenities, including a shared swimming pool, a well-equipped gymnasium, and a delightful poolside entertaining terrace for gatherings with friends.

Notable Information:
- Body Corporate Fees: $955 per quarter (approx)
- Sinking Fund: $2,035,188.97
- Brisbane City Council Fees: $430 per quarter
- Rental Appraisal: $700 - $725 Per Week (Currently tenanted until 21/8/23)

Perfectly positioned, this residence offers easy access to bus stops, Gasworks Plaza, Waterfront Park, James Street, The Calile, and The Valley. Embrace the dynamic neighborhood with its trendy bar and craft brewing scene, not to mention the renowned Triffid venue.

If you're captivated by the allure of this sought-after suburb, don't miss the chance to arrange your inspection. Contact Nicholas McCluskey at 0416 121 550 and take the first step toward making this contemporary oasis your own.

Property History for 30501/24 Stratton St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$590,000
25 Jun 2024
  • 25 Jun 2024
    Sold for $590,000
  • 13 Jun 2024
    Listed for Sale UNDER CONTRACT by Nick McCluskey & Bayley Cavanagh
  • 27 Aug 2015
    Sold for $554,769

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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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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.