403/57B Newstead TerraceNewstead QLD 4006
Property Details for 403/57b Newstead Tce, Newstead
403/57b Newstead Tce, Newstead is a 3 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 169m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Apartment sold in Newstead in the last 12 months.
Last Listing description (August 2024)
If you are downsizing and looking for an Inner-City lifestyle change that offers peace and serenity, then this riverfront apartment will certainly appeal. Close the door behind you and forget about the rest of the world such is the ambience created by the beautiful river aspect and the magnificent, landscaped gardens.
Residents enjoy and appreciate the lifestyle on offer at 'Mariners Reach' a most desirable and tightly held riverfront apartment building in Newstead only 2.5kms to the CBD and a ten-minute drive to the Brisbane airport. Being within walking distance to many wonderful restaurants, cafes, medical services, a supermarket and public transport all contribute to a relaxed and convenient lifestyle.
Outstanding Features Include:
• 143sqm internal living area
• 26sqm of balcony
• Spectacular views along both stretches of the river
• Looks over to the iconic Newstead House
• Recently refurbished throughout
• Very private and peaceful surrounds
• Secure parking for two cars
• Mariners Reach boasts 3.5 acres of superbly maintained landscaped gardens
• Facilities include three resort style pools each with a spa and BBQ area
• A well-equipped gymnasium is airconditioned and has a sauna
• Residents have direct access to the river boardwalk
• Security intercom throughout the building
• Walking distance to all public transport
• Pet friendly building (with Body Corporate approval)
Inspections are welcome as this impressive apartment must be viewed to be appreciated. Located on the 4 th level in the "Arcadia" building of 'Mariners Reach' it has not changed owners since being bought off the plan in 1998.
Body Corporate Fees: $13,000 per year (Approx).
Council Rates: $2,400 per year (Approx).
Property History for 403/57b Newstead Tce, Newstead, QLD 4006
- 07 Aug 2024Sold for $3,200,000
- 10 Jun 2024Listed for Sale Under Contract
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0About 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.
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