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Sold on 30 Oct 2024 for $530,000

504/42 Wyandra Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
Land area: 58m2
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Property Details for 504/42 Wyandra St, Newstead

504/42 Wyandra St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 58m2 and floor size of 53m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
53m2
Land Size
58m2
Local Government
Brisbane
Lot/Plan
504/SP266212

Last Listing description (November 2024)

Discover an outstanding opportunity to own a slice of vibrant Newstead with this ultra-affordable 1-bedroom apartment. Located on Wyandra Street, this modern unit offers a perfect blend of convenience and contemporary living. Built in 2017, the property boasts a well-designed 58m2 layout, making it an ideal choice for first-time buyers or savvy investors.

Newstead is renowned for its bustling atmosphere and proximity to key Brisbane landmarks. Enjoy easy access to the Gasworks precinct, where a plethora of dining and shopping options await. The area is also well-connected with public transport, ensuring seamless commutes to the Brisbane CBD and beyond. With riverfront parks and recreational areas nearby, your weekends can be filled with outdoor activities and relaxation.

This apartment includes a secure garage space, adding an extra layer of convenience. Given its prime location and attractive price point, this property won't stay on the market for long. Don't miss your chance to secure a fantastic investment or your very first home in one of Brisbane's most sought-after suburbs. Contact us today to arrange a viewing!

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Property History for 504/42 Wyandra St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$530,000
30 Oct 2024
  • 30 Oct 2024
    Sold for $530,000
  • 23 Sep 2024
    Listed for Sale Under Contract by Jae Choi
  • 11 Apr 2014
    Sold for $440,500

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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 5,591 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 39 properties listed for sale, and 9 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 466 properties were sold in the past 12 months in Newstead.

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Contact agent
Jae Choi
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Ray White Hurtsville
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