SOLD
Sold on 24 Jul 2024 for $510,000

30504/24 Stratton Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Land area: 52m2
Sold By
Blue Coast Realty Pty Ltd
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Property Details for 30504/24 Stratton St, Newstead

30504/24 Stratton St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 52m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
52m2
Land Size
52m2
Local Government
Brisbane
Lot/Plan
30504/SP275721

Last Listing description (October 2024)

Welcome to 30504/24 Stratton St, Newstead QLD 4006!
This luxurious one-bedroom apartment offers the perfect blend of modern living and unparalleled convenience in one of Brisbane's most sought-after suburbs.

Key Features:

- Spacious Living: This contemporary apartment features a well-designed open-plan layout with high-quality finishes throughout.
- Gourmet Kitchen: Equipped with state-of-the-art appliances, stone benchtops, and ample storage, perfect for culinary enthusiasts.
- Elegant Bedroom: Generously sized bedroom with built-in wardrobes and large windows for natural light.
- Modern Bathroom: Stylishly designed with premium fixtures and fittings.
- Peaceful Outlook: This unit faces the swimming pool, offering a quiet and peaceful retreat from the hustle and bustle.

Prime Location:
- Shopping: Just a 5-minute walk to Gasworks Plaza, where you'll find a variety of Woolworths, retail stores, cafes, and dining options.
- Transport: Close proximity to bus stops on Skyring Terrace (3-minute walk) and easy access to Fortitude Valley Train Station (12-minute walk).
- Entertainment: Enjoy the vibrant nightlife and cultural attractions of Fortitude Valley, only a short stroll away.
- Parks and Recreation: Near Newstead Park and Waterfront Park, ideal for outdoor activities and relaxation.

Additional Amenities:
- Secure Parking: One dedicated car space in a secure underground car park.
- Onsite Facilities: Residents have access to a fully-equipped gym, swimming pool, and BBQ area.
- Air Conditioning: Ducted air conditioning throughout the apartment for year-round comfort.

Investment Potential:
This apartment is an excellent investment opportunity, located in a high-demand area with strong rental yields. Its proximity to amenities, transport, and entertainment hubs makes it highly attractive to potential tenants, ensuring a steady rental income and potential for capital growth.
- Current rental income is $580/week to August 2025.

Don't miss out on the opportunity to live in or invest in this highly desirable location. Perfect for professionals, couples, or investors seeking a stylish urban lifestyle with everything at your doorstep.

Disclaimer: We used our best endeavors to ensure that the information contained herein is true and correct but accept no responsibility and disclaim all responsibility in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.

Property History for 30504/24 Stratton St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$510,000
24 Jul 2024
Listed for Rent
$430/w
06 Dec 2021
  • 24 Jul 2024
    Sold for $510,000
  • 16 Jul 2024
    Listed for Sale Under Offer over $510,000
  • 17 Nov 2021
    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 5,587 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.

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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.