SOLD
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Sold on 16 Jul 2024 for $750,000

401/8 Masters Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 401/8 Masters St, Newstead

401/8 Masters St, Newstead is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Apartment sold in Newstead in the last 12 months.

Building Type
Apartment
Local Government
Brisbane
Lot/Plan
401/SP275738

Last Listing description (July 2024)

Auction - 16th July at 6:00PM at The Cove - 59 Doggett Street, Newstead

Positioned for absolute walk-to-everywhere convenience, this sensational residence at popular 'Riverstone' is designed to offer excellent functionality indoors and out. With a selection of Newstead's best restaurants, cafes, nightspots and shopping precincts within a short distance of the door, you're guaranteed a fantastic lifestyle.

A standout feature of the apartment is the effortless connection between the open plan living area and the expansive wraparound balcony, which overlooks the neighbourhood.

• Stylishly presented lounge/dining room bathed in natural light
• Extends onto corner terrace to entertain or relax in the sun
• Well equipped kitchen has stone counters, window for air-flow
• Generous bedrooms, second with sliding doors leading outside
• Master provides built-in robes and the privacy of own ensuite
• Main bathroom appointed with good sized shower and vanity
• Comfortable throughout, tasteful neutral décor to personalise
• Air conditioning, ceiling fans, cleverly concealed laundry
• Low maintenance contemporary complex, secure parking space
• Few minutes to CityGlider stops and Teneriffe Ferry Terminal

For those who love to stay active, 'Riverstone' is near fitness centres, The Valley Pool and kilometres of riverside walkways to run, cycle or scooter to your preferred destination. Gasworks Plaza, Waterfront Park, James Street, 1000 Ann Fortitude Valley, Howard Smith Wharves and the CBD are all close by.

With properties like this in demand, we urge you to call ASAP to express your interest.

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Property History for 401/8 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$750,000
16 Jul 2024
  • 16 Jul 2024
    Sold for $750,000
  • 21 Jun 2024
    Listed for Sale Auction
  • 06 Dec 2013
    Sold for $570,000

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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 5,694 properties. Over the last 5 years, Houses in Newstead have seen a -48.76% decrease in median value, while Units have seen a 38.42% increase. As at 31 July 2024:

  • The median value for Houses in Newstead is $475,776 while the median value for Units is $771,858.
  • Houses have a median rent of $775 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 38 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 503 properties were sold in the past 12 months in Newstead.

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