SOLD
Sold on 16 Nov 2023 for $805,000

603/30 Festival Place
Newstead QLD 4006

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 86m2
Land area: 118m2
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Property Details for 603/30 Festival Pl, Newstead

603/30 Festival Pl, Newstead is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 118m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
86m2
Land Size
118m2
Local Government
Brisbane
Lot/Plan
603/SP268991

Last Listing description (December 2022)

More Perks, Less Work

An apartment for the modern pleasure seeker. Pool. Usable balcony for coffee and cocktails. And surprisingly, peace and quiet thanks to the concrete slab construction of this modern boutique apartment building.

Exclusive access to your own entertainment mecca pool, barbeque, gym, so much space and the freedom to enjoy it. You'll be the envy of all your friends, living in a state-of-the-art resort style complex.

Bet you're thinking, 'Well that's all my boxes ticked,' especially with your proximity to Brisbane's best restaurant scene - think Same Same, Ecco, and Gimelli's (opening soon).

Newstead is an area you can grow into, with a small town feel and offers the best infrastructure in Brisbane. Catch the City Cat from Teneriffe to the CBD, or hop on one of the frequent buses.

A big drawcard to the area has always been the wide river boardwalk that serves walkers, joggers and cyclists all year round with several easily accessible pit stops for coffee along the way.

YOU'LL LOVE . . .

+ A northerly-oriented kitchen for the keen chef; restaurants a leisurely stroll

+ This three bedroom apartment is a value-packed option for a downsizer, professional couple or young family

+ Rare solid concrete between floors means no noise from above

+ Your can bbq on your spacious balcony with a pool and CBD outlook

+ High ceilings that contribute to the spacious feeling, air-con throughout

INSIDER'S SECRET . . .

+ Newstead is Brisbane's best equipped suburb for gyms - here you've got so many to choose from whether spin, pilates, yoga or resistance training is your bag!

Property History for 603/30 Festival Pl, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$805,000
16 Nov 2023
Listed for Rent
$550/w
10 Jan 2019
  • 16 Nov 2023
    Sold for $805,000
  • 07 Dec 2021
    Sold for $670,000
  • 25 Aug 2021
    Listed for Sale FOR SALE
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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 5,669 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.
There are currently 49 properties listed for sale, and 21 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 489 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.