OFF MARKET

610/16 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 70m2
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Property Details for 610/16 Masters St, Newstead

610/16 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 70m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2015
Floor Size
74m2
Land Size
70m2
Local Government
Brisbane
Lot/Plan
610/SP267641

Last Listing description (August 2024)

Situated in an unbeatable location just moments from Brisbane City, this stunning apartment is perfect for those wanting to embrace the city lifestyle. As part of the Lumira Apartments, this property presents unrivalled convenience with access to all the amenities the area and inner city has to offer, as well as access to the Lumira rooftop bbq & entertaining space overlooking stunning city views.

With fantastic rental income potential and highly desirable for young professionals, this apartment is ideal for owner-occupiers and investors alike. The large open plan living area is the heart of the property, with well-appointed kitchen, equipped with quality finishes and Bosch appliances at one end and a spacious alfresco balcony at the other.

The large master suite provides additional access to the balcony and bathroom as well as a huge walk-through wardrobe with plenty of storage space.

Features include but are not limited to:

? Timber-look hard flooring in living areas
? Carpet in bedroom
? Ducted air-conditioning
? Bosch gas cooktop, oven and dishwasher
? Large master bedroom with walk-through wardrobe and ensuited main bathroom
? Spacious balcony with dual access
? Internal laundry
? Secure undercover car space
? Walking distance to local amenities and public transport

Location:
? New Farm State School (888m from property)
? Fortitude Valley State Secondary College (835m from property)
? Kelvin Grove State College (3.2km from property)
? 3km from Brisbane City
? 1.2km from Fortitude Valley
? 200m from Gasworks
? 700m from Teneriffe Ferry Terminal
? 2km from Story Bridge
? 1.3km from Newstead Park

Contact Xander Evans on 0438 689 723 today with any questions or to book your inspection.

Property History for 610/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$500,000
31 Jul 2023
Listed for Rent
$380/w
30 Sep 2016
  • 31 Jul 2023
    Sold for $500,000
  • 20 Jul 2023
    Listed for Sale $430,000 - $480,000
  • 29 Sep 2016
    Listed for Rent - Price not available
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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 5,587 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 33 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 470 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.