OFF MARKET

405/27 Commercial Road
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 66m2
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Property Details for 405/27 Commercial Rd, Newstead

405/27 Commercial Rd, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 66m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
2017
Floor Size
55m2
Land Size
66m2
Local Government
Brisbane
Lot/Plan
405/SP273554

Last Listing description (February 2018)

Location is hard to beat in this property, everything you could possibly need is within walking distance. Emporium across the road, gasworks down the street and restaurants galore to choose from.
The thought out design of the 1 bedroom apartments offers open plan living. With a cooks kitchen, flowing onto the dining/lounge and balcony makes it easy to entertain.
Feature of the apartment are:

Ducted air conditioning zoned for each room
High ceilings
Large cooks kitchen with plenty of storage, gas cooking & dishwasher
Large built in laundry
Ceiling fan in the bedroom
Noise cancelling floor to ceiling glazing with windows
Balcony to entertain
Secure parking for 1 car
To top it all off, the ultimate rooftop in time for summer with endless views around Brisbane offering a large pool, built in day beds, built in BBQ's and a sauna.
Email or call to arrange an inspection.

Property History for 405/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$455,000
15 Mar 2023
Listed for Rent
$425/w
15 Feb 2018
  • 15 Mar 2023
    Sold for $455,000
  • 19 Jan 2018
    Listed for Rent - Price not available
  • 05 Feb 2016
    Sold for $420,000
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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 5,669 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:

  • The median value for Houses in Newstead is $540,757 while the median value for Units is $781,533.
  • Houses have a median rent of $775 while Units have a median rent of $735.
There are currently 49 properties listed for sale, and 21 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 489 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.