401/16 Masters St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 90m2 and floor size of 826m2. While the property is not currently for sale or for rent, it was last sold in April 2014.
Airy apartment with Northern aspect to Gasworks precinct. With a huge entertainers kitchen and spacious lounge and dining area, this apartment provides a low maintenance style of living. Don't worry about the children's toys as this apartment has hard flooring in all living areas and tiles on the terrace. Bedrooms are the only carpeted areas and are well appointed with A/C , Ceiling Fans , Mirrored built-in robes and are located on opposite sides of the apartment for extra privacy.
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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 5,668 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:
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