OFF MARKET

308/1 Ella Street
Newstead QLD 4006

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 126m2
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Property Details for 308/1 Ella St, Newstead

308/1 Ella St, Newstead is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 126m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2005
Floor Size
92m2
Land Size
126m2
Local Government
Brisbane
Lot/Plan
308/SP167773

Last Listing description (March 2023)

Welcome to The Establishment, one of Newstead's hidden residential gems, where an exceptional home is now for sale.

Located at 1 Ella Street, unit 308 opens up to reveal a modern three bedroom, two bathroom apartment with a suite of gorgeous amenities. Perfectly utilising a 126sqm open-plan layout, recently installed wooden flooring, new carpets and a fresh lick of paint will guide you around this west-facing dwelling.

Step into a pristine world sparkling under ample natural light with air-conditioning, stainless steel kitchen appliances, induction cooktops, secure intercom access, ample storage, large balconies and modern bathrooms. Adding to the appeal is the fact that all three bedrooms are spacious and complimented by built-in wardrobes, whilst the master also includes ensuite access. With one secure underground car park available in the basement of the boutique building, this property is sure to appeal to downsizers and savvy investors alike.

Property Features:
- Body Corporate: $TBA per quarter approx
- Sinking fund around $245,000 approx
- Rates: $ 359 per quarter approx
- Utilities: $195 per quarter approx
- Rental Appraisal: $695 to $725 pw

Two kilometres from Brisbane's central business district in Newstead, the future homeowner will enjoy immediate access to many of south-east Queensland's notable highlights. Right in the middle of the golden triangle - encompassing New Farm's James Street, Fortitude Valley's Emporium and Newstead's Gasworks - this apartment is central to everything that makes inner-city living so cherished. Just moments away from home take a stroll at Newstead River Walk, dine at many of Brisbane's most prestigious restaurants which are right on your doorstep or grab a drink at Howard Smith Wharves, where numerous bars and eateries co-exist. Navigating across south-east Queensland is made easy with public transport options such as train, ferry and bus all within walking distance, whilst the airport is a mere ten minute drive away via tunnel. To arrange an inspection or request more information, call Robert Lamprecht from Newstead Realty on 0419 999 989.

Property History for 308/1 Ella St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$685,100
15 Aug 2022
Listed for Rent
$570/w
01 Nov 2017
  • 15 Aug 2022
    Sold for $685,100
  • 16 Feb 2022
    Listed for Sale Under Contract
  • 18 Oct 2017
    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.