317/30 Festival PlaceNewstead QLD 4006
Property Details for 317/30 Festival Pl, Newstead
317/30 Festival Pl, Newstead is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Apartment sold in Newstead in the last 12 months.
Last Listing description (January 2024)
Located at the heart of Newstead in the Gasworks precinct encapsulates a world of luxury, exquisite architecture, quality and beauty all at a superb location.
This exquisitely designed apartment boasts open plan living areas with floor-to-ceiling glass doors, feature designed kitchen with entertainer's bench top, integrated digital ready study and a generous sized balcony with stunning views. It also features marble finishes, European appliances, privacy and security with an intercom system and card-controlled access to secure basement parking, lobby and lift areas.
In addition to the apartment's luxurious features, resident facilities include a heated 25m pool, resort style gardens, BBQ facilities with dining & entertainment area and car parking for guests.
Below are some key facts of this property:
• Council rate: Approx. $450/Qtr (Figure 2)
• Body Corp: Approx. $1205/Qtr (Figure 3)
• Current rental: $450/wk(lease expired on Feb 2024)
• Potential rent: $520-$540/wk , potential gross yield: 6.3%+ (Figure 5)
• Submit your offer
• Check out the walk through video:
https://youtu.be/SaMsKXFZhq0
Features include:
- 1 spacious bedroom
- 1 stylish bathroom
- Balcony
- Gourmet kitchen
- Food waste disposer
- European appliances
- Dishwasher and Dryer
- Reverse cycle Air conditioning
- Intercom, secure access & Secure Parking
Enquire today for more details!
Property History for 317/30 Festival Pl, Newstead, QLD 4006
- 08 Jan 2024Sold for $410,000
- 28 Jun 2023Listed for Sale Not Disclosed
- 27 May 2019Listed for Rent - Price not available
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0About 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 5,678 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.
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