709/30 Festival Pl, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 116m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Nestled in the heart of Newstead with Gasworks at your doorstep, this stylish apartment offers an easy living lifestyle.
Open plan living areas flow out through floor-to-ceiling glass doors and onto an expansive balcony with river glimpses. Enjoy the stylish features of contemporary finishes in neutral palettes, modern chrome fittings and the convenience of ducted reverse cycle air conditioning and quality appliances. Design features include - kitchen with entertainer's bench-top, integrated digital ready study, large robes in both bedrooms and two bathrooms. Privacy and security are ensured with an intercom system, card-controlled access to basement car parking, lobby and lifts areas.
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 5,670 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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