SOLD
Sold on 15 Apr 2024 for $570,000

30703/24 Stratton Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 71m2
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Property Details for 30703/24 Stratton St, Newstead

30703/24 Stratton St, Newstead is a 2 bedroom, 1 bathroom Unit and was built in 2017. The property has a land size of 71m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
70m2
Land Size
71m2
Local Government
Brisbane
Lot/Plan
30703/SP275721

Last Listing description (August 2024)

Nestled in the heart of Newstead's vibrant lifestyle hub, discover this captivating two-bedroom apartment on the seventh floor of the esteemed 'St Tropez' apartments. Boasting views that stretch like an urban masterpiece, this residence invites you to experience luxury living at its finest. Positioned mere steps from the riverfront and the culinary delights of Gasworks and James Street, 30703 of 24 Stratton Street is a sanctuary of sophistication. This rare layout is one not to be missed.

Step into the open-plan lounge and dining area, bathed in natural light streaming through floor-to-ceiling glass. The sleek modern kitchen, adorned with stone benchtops, stainless steel appliances, and a gas cooktop, seamlessly integrates with the living space and oversized balcony. This expansive layout offers not just space, but a seamless flow that enhances the overall functionality. To the left, a spacious bathroom services the two bedrooms, both with built in mirrored robes and floor to ceiling windows.

Indulge in the resort-style amenities where the sparkling swimming pool invites relaxation, and offers a space for friends and familt to catch up and have a barbeque and the fitness center promises invigorating workouts.

Key Details:

Body Corporate Fees: $995 per quarter (approx)
Sinking Fund: $1,761,379.12
Council Rates: $430 (approx)
Rental Appraisal: $675 - $700 per week
Currently tenanted until 16th April 2024 at $580

Immersed in Newstead's bustling cafe precinct, this apartment is a stone's throw from Gasworks and James Street's boutiques, shopping, and restaurants. Enjoy excellent transport options, including proximity to buses, ferries, and Fortitude Valley train station.

With the Riverwalk just moments away, residents can leisurely stroll along the water, exploring the neighbouring hubs of Teneriffe, New Farm, and Hamilton. A mere 7 minutes from the Howard Smith Wharves and a short 3km to the CBD, seize the opportunity to embrace this spectacular lifestyle.

Property History for 30703/24 Stratton St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$570,000
15 Apr 2024
Listed for Rent
$4.55k/w
22 Aug 2017
  • 15 Apr 2024
    Sold for $570,000
  • 20 Mar 2024
    Listed for Sale UNDER CONTRACT by Nick McCluskey & Bayley Cavanagh
  • 09 Apr 2015
    Sold for $544,000

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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 5,594 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 39 properties listed for sale, and 9 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 465 properties were sold in the past 12 months in Newstead.

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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.