OFF MARKET

416/27 Commercial Road
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 63m2
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Property Details for 416/27 Commercial Rd, Newstead

416/27 Commercial Rd, Newstead is a 1 bedroom, 1 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 63m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
House
Year Built
2016
Floor Size
54m2
Land Size
63m2
Local Government
Brisbane
Lot/Plan
416/SP273554

Last Listing description (July 2018)

There s no better way to enjoy our relaxed Queensland lifestyle than to sit poolside with the city lights as your backdrop. This affordable apartment located in 'La Vida Newstead' redefines your expectations in chic inner city living.
There is a seamless connection between entertaining areas with floor to ceiling glazing allowing the flow of natural light throughout the apartment.
The building offers residents a combination of quality inclusions:

- Twin roof top pools with Bbq areas
- Designer kitchens with Ilve appliances
- Ducted air-conditioning throughout
- High ceilings heights 0f 2700mm
- On site manager
Newstead is a premier rental market. This central location is an infrastructure and employment hub with easy access to the CBD, Universities and other key locations.

Property History for 416/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$405,000
08 Jan 2018
  • 11 Jul 2018
    Listed for Sale Not Disclosed
  • 08 Jan 2018
    Sold for $405,000
  • 21 Nov 2017
    Listed for Sale Not Disclosed
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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 5,670 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 22 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 490 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.