OFF MARKET

308/7 Chester Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 65m2
Land area: 76m2
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Last updated 11 Nov 2024
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Property Details for 308/7 Chester St, Newstead

308/7 Chester St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 76m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
2019
Floor Size
65m2
Land Size
76m2
Local Government
Brisbane
Lot/Plan
10308/SP286456

Property History for 308/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$559,000
14 Sep 2021
  • 14 Sep 2021
    Sold for $559,000

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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 5,587 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.