SOLD
Sold on 27 Mar 2024 for $610,000

53/52 Newstead Terrace
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 105m2
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Property Details for 53/52 Newstead Tce, Newstead

53/52 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 105m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
73m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
53/SP120375

Last Listing description (June 2021)

Located in a tranquil, tree-lined street and nestled within the sought-after Riverstead complex, this well-presented apartment offers the very best of inner-city living. Accommodating both owner occupiers and investors, this light-filled residence comprises open plan living, two spacious bedrooms, two bathrooms and single car accommodation, the private balcony boasting leafy views and an elevated setting.

Residents will enjoy the beautifully maintained resort-style amenities offered by Riverstead, including lush, landscaped gardens, a sparkling inground pool and a lounging sun deck. Presenting a premium lifestyle, this property is just moments from both the Gasworks and James Street precincts and is home to an abundance of cafs, eateries and boutique retailers. Commuters will enjoy an easy weekday journey, with Brisbane CBD just 4 kilometers away, accessible via bike, bus or ferry.

This property offers:

- A well-presented apartment in sought-after Newstead
- Open plan living and dining with superb natural light
- Private balcony with leafy surrounds and river views, ideal for entertaining and alfresco dining
- Quality kitchen with breakfast bar, full-sized pantry and stainless-steel appliances including dishwasher
- Two spacious bedrooms with built-in robes, the master with direct balcony access
- Two bathrooms including the master en suite
- Ceiling fans and air conditioning
- Internal laundry facilities
- Single car accommodation in secure underground carpark plus extra large lockable storage
- Beautiful, resort-style amenities with lush gardens, swimming pool and sun deck
- 24-hour onsite management
- Proximity to the Gasworks precinct with supermarkets, cafes, bars and restaurants
- Moments from lifestyle amenities including the Brisbane River, Newstead Park, New Farm Park, James Street and the Emporium Hotel
- Easy access to public transport, including bus and ferry
- Just 4kms from Brisbane CBD and 10kms from Brisbane Airport

To enquire about this property or to arrange an inspection, please contact Richard Barlow on 0434 420 856.

Property History for 53/52 Newstead Tce, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$610,000
27 Mar 2024
Listed for Rent
$400/w
24 Sep 2018
  • 27 Mar 2024
    Sold for $610,000
  • 18 Feb 2021
    Sold for $495,000
  • 10 Feb 2021
    Listed for Sale Under Contract
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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 5,594 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, 465 properties were sold in the past 12 months in Newstead.

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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.