408/7 Chester StreetNewstead QLD 4006
Property Details for 408/7 Chester St, Newstead
408/7 Chester St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 114m2 and floor size of 73m2. 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.
Last Listing description (June 2024)
Apartments are in hot demand at the award-winning Chester & Ella building because they offer an enviable lifestyle backed up with high quality construction, comprehensive residents' facilities and a helpful concierge service, all in a convenient location.
- Two bedrooms separated by an open plan living area
- High quality fixtures and fittings throughout
- Roof-top pools, full gym, boardroom and other amenities
- Oversized north-facing balcony with sunny outlook
- Ducted air-conditioning and security intercom access
- Available with vacant possession or rent for $820 p/w
- Single secure car space with plenty of visitor parking
- Centrally located in the heart of bustling, trendy Newstead
- Easy access to Brisbane City, Gasworks and airports.
Property History for 408/7 Chester St, Newstead, QLD 4006
- 17 Jun 2024Listed for Sale $749,000
- 16 Jun 2024Sold for $749,000
- 28 Sep 2016Sold for $710,000
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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 5,587 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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