OFF MARKET

42/52 Newstead Terrace
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 74m2
Land area: 100m2
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Property Details for 42/52 Newstead Tce, Newstead

42/52 Newstead Tce, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 100m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2000
Floor Size
74m2
Land Size
100m2
Local Government
Brisbane
Lot/Plan
42/SP120375

Last Listing description (August 2022)

Nestled along the leafy Newstead Terrace can be found this quality two bedroom, two bathroom unit inside the renowned Riverstead Apartments. One of 58 properties inside the striking condominium, this home offers a spacious and private balconies making it the perfect location to unwind and relax whilst hosting friends and family.

Located two kilometres away from Brisbane's central business district, this apartment enjoys nearby access to the CityCat, bus and train, all of which make travelling convenient. For moments of downtime and leisure, Riverstead Apartments has a sparkling in-ground swimming pool whilst several of the city's most popular retail, lifestyle and dining precincts share the 4006 postcode. These include Fortitude Valley's Emporium and James Street as well as Newstead's Gasworks. Given the fact this property combines all facets of an attractive investment with an owner that's motivated to sell, this listing won't remain on the market for an extended period.

What's not to love with these features:

- Generous open plan living room
- Two good-sized bedrooms, master with ensuite and both with built-ins
- Kitchen offers everything you need for entertaining
- Tiled living spaces, freshly painted, well maintained
- Air conditioning in living and master, ceiling fans throughout and excellent storage
- Secure complex with intercom entry and security screens throughout
- In-ground pool for Riverstead residents with sun-loungers
- Secure basement car space with large storage cage
- Well managed integrated body corporate operations
- Walking distance everywhere, including Bunnings and Gasworks

Property History for 42/52 Newstead Tce, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$535,000
14 Jul 2022
Listed for Rent
05 Oct 2018
  • 14 Jul 2022
    Sold for $535,000
  • 06 Jul 2022
    Listed for Sale FOR SALE
  • 13 Aug 2018
    Listed for Rent - Price not available
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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 5,585 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 34 properties listed for sale, and 11 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 463 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.