SOLD
Sold on 13 Mar 2024 for $820,000

41 Austin Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 83m2
Land area: 94m2
Sold By
Belle Property Newmarket
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Property Details for 3052/41 Austin St, Newstead

3052/41 Austin St, Newstead is a 2 bedroom, 2 bathroom Unit and was built in 2018. The property has a land size of 94m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2018
Floor Size
83m2
Land Size
94m2
Local Government
Brisbane
Lot/Plan
3052/SP275770

Last Listing description (May 2024)

Situated on level 5 of the Ajax Building in the "Newstead Series", this well appointed two-bedroom apartment will appeal to buyers looking for an ultra-convenient lifestyle. Quickly becoming recognised as Newstead's premier apartment complex with its cutting-edge design, well executed communal areas, sub-tropical landscaping along with 5 star amenities.

The location provides the ultimate in convenience being walking distance to the Brisbane River with kilometres of walking and bike paths, a multitude of public transport options, along with a plethora of dining and retail options.

For Your Consideration:

- Well-appointed apartment with an open plan design capturing an abundance of natural light and all year round breezes
- Modern kitchen with stone benches and breakfast bar, stainless steel appliances, ample cupboard space with soft closing draws
- Large master bedroom with built in robes, well-appointed ensuite
- Well-proportioned second bedroom with built in robe and study nook, serviced by a modern bathroom
- Open plan living flowing directly onto a large, covered balcony enjoying city and suburban views
- Featuring ducted air conditioning throughout, ceiling fans in bedrooms, internal laundry and plenty of storage space
- Secure complex with intercom access, along with designated secure car parking
- A central and convenient location providing an unbeatable lifestyle. A short stroll to Newstead Park, multiple dining and retail precincts, along with a short commute to the Brisbane Airport

Building Features:

- Situated on Level 5 of the Ajax Building in the highly sought after "Newstead Series"
- 25m swimming pool with spa and sauna
- Fully equipped gymnasium
- Outdoor LED cinema surrounded by lush lawns and sub-tropical gardens
- Multiple BBQ areas and open fire pit
- Body Corporate Fees are approximately $4,900 per annum

Property History for 3052/41 Austin St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$820,000
13 Mar 2024
Listed for Rent
$570/w
13 Jan 2022
  • 13 Mar 2024
    Sold for $820,000
  • 28 Feb 2024
    Listed for Sale $819,500
  • 13 Jan 2022
    Listed for Rent $570 / week
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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 5,597 properties. Over the last 5 years, Houses in Newstead have seen a -48.79% decrease in median value, while Units have seen a 38.25% increase. As at 30 September 2024:

  • The median value for Houses in Newstead is $540,757 while the median value for Units is $781,533.
  • Houses have a median rent of $775 while Units have a median rent of $735.
There are currently 45 properties listed for sale, and 13 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 459 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.