5/8 Kyabra StreetNewstead QLD 4006
Property Details for 5/8 Kyabra St, Newstead
5/8 Kyabra St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 66m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.
Last Listing description (July 2024)
Set just 3 kms North-East of Brisbane's CBD and designed to offer you easycare living, this ground floor contemporary apartment ticks all your boxes for comfort, style and simplicity. The flowing layout features airy open plan spaces that effortlessly connect onto a breezy balcony for that desirable indoor/outdoor lifestyle.
The generous kitchen features stone benchtops and quality stainless steel appliances, and plentiful cabinetry. A generously proportioned queen-sized bedroom is fitted with air-con and built-in robes. A sizable floor-to-ceiling tiled bathroom with vanity storage lends to a thoughtful floor plan, incorporating a separate concealed laundry.
Set in a secure complex in a bustling neighbourhood, it is metres to coffee shops, bars, restaurants, clubs, Gasworks Plaza and city bound transport.
This modern building provides covered parking, and is within walking distance to Waterfront Park, James Street, CityGlider services, fitness centres, cycling, walking or jogging paths and the Valley Pool. For those craving nightlife, you are minutes away to up-market hotels, Fortitude Valley and iconic Howard Smith Wharves.
Bound to be snapped-up, call us today about this great investment opportunity.
*Property is currently listed on AirBnB and generates on average $34,000 per year in net income (managed by AirKeeper).
Property History for 5/8 Kyabra St, Newstead, QLD 4006
- 27 Jun 2024Sold
- 29 May 2024Listed for Sale Offers Over $449,000
- 09 Jun 2021Listed for Rent $360 / 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 5,587 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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