5/1 Newstead AvenueNewstead QLD 4006
Property Details for 5/1 Newstead Ave, Newstead
5/1 Newstead Ave, Newstead is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 153m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last transferred in September 2014.
Last Listing description (February 2021)
Located in the sought after inner city suburb of Newstead is this ground floor, renovated and spacious 2 bed apartment featuring 119m2 of living space and located in a small complex with lift and pool.
The air conditioned open plan tiled living area opens out to the balcony with a huge outdoor setting overlooking the pool. The gourmet kitchen offers plenty of bench and storage space with stainless appliances including a plumbed in fridge and dishwasher.
Both bedrooms have walk in robes, the main with en suite, and open out to the balcony. Other inclusions that feature in this amazing apartment are a built in bar complete with wine fridge and a spa bath in the main bathroom. And just when you think this can't get any better you will also find 2 secure car spaces and a fully secure lock up storage cage with additional storage above the car park.
Situated opposite Newstead Park and close to the Brisbane River, Gasworks, plenty of local bars and cafes and the bus to the CBD only 200ms away.
Property History for 5/1 Newstead Ave, Newstead, QLD 4006
- 11 Feb 2021Listed for Rent $520 / week
- 28 Feb 2018Listed for Rent $515 / week
- 28 Aug 2015Listed for Rent $565 / week
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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 5,668 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.
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