SOLD
Sold on 15 Jun 2024 for $690,000

402/8 Masters Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 106m2
Sold By
Harcourts Inner East Balmoral
Save

Property Details for 402/8 Masters St, Newstead

402/8 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 106m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
85m2
Land Size
106m2
Local Government
Brisbane
Lot/Plan
402/SP275738

Last Listing description (July 2024)

IN-ROOM AUCTION EVENT | Saturday 15th June at 2:00pm at the Harcourts Inner East office at 4/57-59 Oxford St, Bulimba.

This stylish 2-bedroom, 2-bathroom apartment boasts a spacious and modern design. Immerse yourself in Newstead's vibrant culture and appreciate the joy of a convenient lifestyle at this impressive residence in 'Riverstone Apartments.'

The apartment showcases a sleek and contemporary kitchen complete with large countertops and an electric stove, providing both functionality and style for your culinary endeavours. The open-plan lounge and dining area create a welcoming and versatile space that seamlessly extends to a generous balcony, setting the scene for gatherings and alfresco dining experiences.

Both of the bedrooms are bathed in natural light, thanks to the large windows that embrace the outdoors. Ceiling fans and air conditioning ensure year-round comfort, and the built-in wardrobes offer storage solutions, adding to the apartment's practicality.

With motivated sellers taking this property to auction on the 15th of June apartment 402 represents amazing value.

Features we love include:
- Lounge/dining room provides perfect balance of flow and size
- Interiors bathed in soft natural light
- Terrace with urban views offers ideal setting for entertaining
- Stone kitchen has premium appliances, ample preparation space
- Bright master appointed with walk-in robe and ensuite
- Bathroom includes vanity storage, separate laundry facilities
- Secure building with lift, on site managers, allocated parking

Riverstone apartments is located in the vibrant heart of Newstead and is a leisurely stroll to the renowned James Street precinct and the iconic Gasworks shopping centre, offering the ultimate inner-city lifestyle.

Our sellers are certainly not testing the market and are after a result either on or before auction day. If this looks like your next home or ideal investment opportunity, contact us today.

Price Disclaimer: This property is being sold by Auction or without a price and therefore a price guide cannot be provided. As per legislation governed by the 2014 Property Occupations Act, we CANNOT disclose any price expectations for sales via public auction in Queensland.

Property History for 402/8 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$690,000
15 Jun 2024
Listed for Rent
$490/w
06 Jan 2018
  • 15 Jun 2024
    Sold for $690,000
  • 30 May 2024
    Listed for Sale Auction
  • 22 Dec 2017
    Listed for Rent - Price not available
Sign in to see more transactions

Commute Calculator

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 5,587 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 33 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 470 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.