501/8 Masters St, Newstead is a 2 bedroom, 2 bathroom House and was built in 2015. The property has a land size of 101m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in January 2014.
Situated on Masters Street just 2km from the CBD and within walking distance to the Gasworks precinct, local amenities, and public transport, this property is perfect for anyone looking for lifestyle and convenience at their doorstep.
The apartment boasts an open-plan living area with air-conditioning and leads out to a private, spacious outdoor entertaining area.
The well-equipped kitchen features quality stainless steel appliances, ample preparation & storage space and Caesar stone benchtops.
Features include;
- 2 bedroom with built-in robe and ceiling fan
- Ensuite main bedroom
- Modern bathroom
- Laundry with dryer
- Open plan kitchen, living and dining area
- Kitchen with stainless steel appliances and dishwasher
- Split system air-conditioning in living area
- Good sized balcony
- Single car space in secured parking
** Photos are indicative only. Floor plan may slightly vary.
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:
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