OFF MARKET

4/16 Chester Street
Newstead QLD 4006

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 429m2
Land area: 347m2
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Property Details for 4/16 Chester St, Newstead

4/16 Chester St, Newstead is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 347m2 and floor size of 429m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2007
Floor Size
429m2
Land Size
347m2
Local Government
Brisbane
Lot/Plan
4/SP194077

Last Listing description (September 2024)

Spanning the top two floors of the boutique Le Pont Bascule building, this luxe-penthouse offers a uniquely compelling opportunity focused on size, quality and location. Secure lift access opens directly into a hugely spacious apartment with an astonishing wow-factor

- Spans the full top two floors, a total of 347sqm on title
- Four full-sized bedrooms plus a separate study nook

- Carefully crafted floor plan means multiple living spaces
- Exceptionally impressive master bedroom suite
- Views of the city skyline, Teneriffe Hill, and Newstead CBD
- High-quality details abound in total security and privacy
- Two secure car spaces plus multiple storage options
- Boutique building of two residential and two commercial Lots
- Easy access to Brisbane CBD, airports and public transport
- Walk to James Street luxury shopping and restaurant precinct

Property History for 4/16 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$2,600,000
03 Nov 2023
Listed for Rent
$1.45k/w
05 Mar 2020
  • 03 Nov 2023
    Listed for Sale Price on Request
  • 03 Nov 2023
    Sold for $2,600,000
  • 07 Apr 2022
    Sold for $2,490,000
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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 5,586 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.