OFF MARKET

307/57B Newstead Terrace
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Last updated 30 Sep 2024
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Property Details for 307/57b Newstead Tce, Newstead

307/57b Newstead Tce, Newstead is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Brisbane

Last Listing description (June 2021)

Close the door behind you and forget about the rest of the world, such is the ambiance of this two bedroom, two bathroom apartment in one of Newstead most desirable streets. Fully furnished and located on the third floor of the 'Arcadia' building at Mariners Reach the unit includes two secure car spaces and storage.

It is superbly appointed with open modern living, exceptional finishes, reverse cycle air conditioning, security access and a wide open balcony for year around entertaining capturing summer breezes and breathtaking river views. Both bedrooms and all the living areas overlook the river perfectly capturing the river views and breezes.

Enjoy the 3.5 acres of landscaped, subtropical gardens which maximizes the panoramic river views. A riverside board walk adjoining the immaculate lawns, elegant gazebo, BBQ areas for entertaining, swimming pool, spa, sauna, and fully equipped gymnasium provides the perfect environment for exercise and recreation.

Property Features Include;

-Ducted aircon throughout
-Fully furnished
-Two bedrooms with double mirrored sliding robes
-Family bathroom PLUS huge master ensuite complete with bath
-Open plan living with separate living & dining areas
-Modular kitchen with gas cooktop & walk in pantry
-Separate internal laundry
- Secure tandem parking space and storage container

Property History for 307/57b Newstead Tce, Newstead, QLD 4006

A timeline of how this property has performed in the market
Listed for Rent
$750/w
15 Jun 2021
  • 07 May 2021
    Listed for Rent $750 / 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 5,670 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 49 properties listed for sale, and 22 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 490 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.