606/7 Chester St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 107m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
A stone's throw from the eclectic James Street precinct, this two bedroom apartment is the ideal entry into Brisbane's bustling inner city. Located on the sixth level of The Chester Apartments, this home offers the perfect alternative to renting.
Busy professionals will delight in their own piece of easily maintained living, in the heart of Inner Brisbane's newly refreshed borough. Investors will also appreciate the strong rental returns of this burgeoning inner city market.
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:
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