OFF MARKET

606/7 Chester Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 77m2
Land area: 107m2
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Property Details for 606/7 Chester St, Newstead

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.

Building Type
Unit
Year Built
2019
Floor Size
77m2
Land Size
107m2
Local Government
Brisbane
Lot/Plan
10606/SP286456

Last Listing description (February 2022)

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.


Upon entry, buyers will be impressed with the contemporary details of this apartment a neutral palette and brand new timber floors. The kitchen offers generous bench space, quality cabinetry and stainless steel appliances. From the kitchen, the dining and living areas flow in a versatile, open design, leading to the covered alfresco deck. Enjoy the inside outside design perfect to entertain friends and family.

Apartment features:
- Smart design with separation between two bedrooms
-Two bedrooms with its own balcony
- Full Length Mirrored Vanity Cabinets
- Stone benchtops
- Roller Blinds and Fans throughout

Building features:
- Rooftop Infinity pool with great city line views
- Outdoor entertaining terraces with BBQ areas
- Private lounge with fully equipped kitchen for private function
- Gym and Yoga Lawn

Additional extras complete the contemporary appeal of the apartment and include secure basement parking for one car and ducted air conditioning.

This position in Newstead delivers residents a cosmopolitan lifestyle like no other. Within walking distance from this property are the shopping, dining and entertainment precincts of Gasworks, James Street and Fortitude Valley. Active buyers will appreciate this close proximity to Waterfront Park, Teneriffe Park and the walking paths that trace the Brisbane River. The City Glider Bus and Fortitude Valley Station are moments away.

DISCLAIMER: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained.

Property History for 606/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$670,000
23 Dec 2021
  • 23 Dec 2021
    Sold for $670,000
  • 11 Oct 2021
    Listed for Sale UNDER CONTRACT
  • 01 Apr 2021
    Listed for Sale Price on Request
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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.