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Sold on 22 Apr 2024 for $3,800,000

331/1 Newstead Terrace
Newstead QLD 4006

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 219m2
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Property Details for 331/1 Newstead Tce, Newstead

331/1 Newstead Tce, Newstead is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom Apartment sold in Newstead in the last 12 months.

Building Type
Apartment
Floor Size
219m2
Local Government
Brisbane
Lot/Plan
331/SP214133

Last Listing description (April 2024)

This tightly-held northeast-facing residence is a rare inner-city jewel in the luxurious 'Pier South' by Mirvac, suspended over the widest point of the Brisbane River to capture uninterrupted views across the water, Hamilton, Bulimba, Hawthorne and Teneriffe.

Harmoniously connected with the river on level three, this is one of the selected few riverfront apartments in Brisbane that offers both a stunning, uninterrupted dual reach water view across the Brisbane River and an equally impressive view from the rear towards the lake waterfall.

Basking in the rising morning sunrises and the sparkle of evening lights reflecting off a tranquil lagoon to the rear, there is a unique harmony to life inside this private prestigious apartment.

Entry is only via a secure grand marble foyer or convenient basement parking, and leads to a lift which services just one neighbour. This elegant residence, embraces its unrivaled panoramic aspect with floor-to-ceiling glass, retracting to allow access to an entertainer's terrace running the width of the home.

A timeless contemporary light palette enhances the light and spaciousness of the spacious open-plan living and dining area.
This is serviced by a chef's kitchen complemented by a suite of integrated Miele appliances, extensive storage and a vast stone island bench.

A long hallway, flanked by concealed storage, leads past a powder room which includes extra storage, and full seperate laundry to three large bedrooms all overlooking established parkland and lagoon views.
The main bedroom alone is worthy of a five-star hotel rating, with its sheltered private terrace and an ensuite encompassing European tapware, stone features, and a dual vanity.

This Pier property, in the most wonderful of lifestyle locations, features;

Exclusive third level direct waterfront Mirvac position on Newstead reach
Only two residences per floor, incredibly private with secure lift access
Harmonious flow from the riverfront terrace to the main suite with lagoon views
Integrated Miele appliances, marble finishes, ducted air, custom joinery
Secure basement parking for two large vehicles, additional secure storage
24/7 building management and security, as well as concierge services
Two heated pools, gymnasium, function/boardroom and catering facilities
Riverwalk access linking to Newstead Park, easy stroll to New Farm Park
Metres to Gasworks Plaza restaurants, cafes, shops and boutiques
Excellent public transport links to the CBD, South Brisbane and West End

This property is being sold without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

Property History for 331/1 Newstead Tce, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$3,800,000
22 Apr 2024
Listed for Rent
$1.50k/w
18 Mar 2019
  • 13 Apr 2024
    Sold for $3,800,000
  • 29 Feb 2024
    Listed for Sale By Negotiation
  • 24 Jan 2019
    Listed for Rent $1,500 / week
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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 5,679 properties. Over the last 5 years, Houses in Newstead have seen a -40.87% decrease in median value, while Units have seen a 36.32% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $537,587 while the median value for Units is $762,476.
  • Houses have a median rent of $770 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 29 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 479 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

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Contact agent
Christine Rudolph
Show contact details
Ray White New Farm
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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.