OFF MARKET

309/16 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 60m2
Land area: 72m2
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Property Details for 309/16 Masters St, Newstead

309/16 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 72m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
2016
Floor Size
60m2
Land Size
72m2
Local Government
Brisbane
Lot/Plan
309/SP267641

Last Listing description (June 2021)

If it's a convenient and lavish lifestyle you're after, look no further than Lumira Apartments. Positioned in the heart of Newstead, there is nothing that isn't within arm's reach. The Gasworks precinct, Brisbane River, New Farm Park, Powerhouse and James Street are all easy walking distance from this stylish apartment.Established in 2016, this spacious one bedroom apartment on the third floor has a lot to offer. The elegant kitchen features a waterfall stone bench-top, equipped with European appliances and a gas cooktop to facilitate to all your cooking needs. Leading out to the open plan living and dining area that flows onto your enclosed balcony is perfect for entertaining guests. If it's a larger scale of people you are wanting to host, feel free to make your way up to the rooftop BBQ area to entertain under the stars. The spacious bedroom offers an abundance of storage space, with built-in mirrored robes leading to your bathroom that has dual access from the lounge and bedroom. 309 Lumira is perfect for owner occupiers and investors alike. Currently rented out for $390/week, this is no doubt that this is a great investment with the high demand of young professionals looking to move into the area.

Property History for 309/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$373,500
17 Apr 2021
Listed for Rent
$390/w
31 Mar 2017
  • 17 Apr 2021
    Sold for $373,500
  • 14 Apr 2021
    Listed for Sale Under Contract
  • 14 Nov 2019
    Listed for Sale Offers Over $369,000
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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.

Suburb Insights for Newstead 4006

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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.