OFF MARKET

307/16 Masters Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 82m2
Land area: 92m2
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Property Details for 307/16 Masters St, Newstead

307/16 Masters St, Newstead is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 92m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2015
Floor Size
82m2
Land Size
92m2
Local Government
Brisbane
Lot/Plan
307/SP267641

Last Listing description (October 2023)

Boasting a corner position within the well-situated Lumira complex, this sensational property invites you to enjoy all that fashionable Newstead has to offer. Featuring a slew of acclaimed cafes, restaurants, bars and boutiques right on its doorstep, this incredible residence also benefits from stunning city views.

Thoughtfully designed to reflect its cosmopolitan setting, the apartment includes:

- Timber-look floors, plenty of glass and a timeless monochromatic colour palette

- Spacious open-plan living and dining area continuing from the property's welcoming entry
- Sleek galley-style kitchen displaying quality appliances, a tiled splashback and ample cupboard storage
- Covered balcony perfect for al fresco dining and toasting the sunset
- Ensuited master bedroom with a walk-in robe and balcony access
- Sizeable second bedroom encompassing a walk-in robe
- Well-appointed main bathroom showcasing floor-to-ceiling tiling
- European-style laundry, plus a large separate storage room on the same level
- Ducted air-conditioning and ceiling fans
- Secure parking for two cars (not tandem)

Presenting an unmissable opportunity in one of Brisbane's most sought-after enclaves, this impeccable property is only three kilometres from the heart of Brisbane's CBD. Just streets away from popular riverwalks and the Teneriffe Ferry Terminal, this fantastic residence is also near the iconic James Street, Gasworks and Howard Smith Wharves precincts. Fortitude Valley's cultural attractions, leafy New Farm Park and a number of city-bound bus stops are easily accessible from this address as well.

Falling within the New Farm State School and Fortitude Valley State Secondary College catchment areas, this outstanding apartment is a short drive from Saint Joseph's College, Brisbane Grammar School and Brisbane Girls' Grammar School.

For more information or to book and inspection please contact Mahalia from Team Ries on 0448 559 437!

Property History for 307/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$660,000
10 Aug 2022
Listed for Rent
$800/w
02 May 2024
  • 15 Oct 2023
    Listed for Rent $775 / week
  • 05 Oct 2022
    Listed for Rent - Price not available
  • 10 Aug 2022
    Sold for $660,000
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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 5,585 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 34 properties listed for sale, and 11 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 463 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.