SOLD
Sold on 24 Jul 2024 for $940,000

714/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 87m2
Land area: 105m2
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Property Details for 714/27 Commercial Rd, Newstead

714/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 105m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
87m2
Land Size
105m2
Local Government
Brisbane
Lot/Plan
714/SP273554

Last Listing description (June 2017)

With 20m2 of balcony at Newstead s iconic La Vida apartments, you will be the envy of all of your friends. Come home each day to the luxury of this 2 bedroom, 2 bathroom apartment.
The entertainer s kitchen features European appliances, fridge integration and Quartzite bench tops with waterfall edge to the stone. Adjacent to the kitchen is the open plan lounge and dining area that flow directly onto your beautiful balcony.
This spacious abode oozes style as well as two bedrooms each with a WIR and ensuite. Ducted air conditioning is standard as well as is the envy of your friends.

If you ever find the need to leave your apartment you can sit poolside on top of the world and enjoy views to the edges of Brisbane on Newstead s only rooftop pool and entertaining deck. La Vida is the perfect lifestyle choice.
Visit our Concept and Sales office at 13 Stratton St Newstead open Mon to Fri 10 - 4pm and Sat & Sun 10 - 2pm or by appointment.

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Property History for 714/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$940,000
24 Jul 2024
  • 24 Jul 2024
    Sold for $940,000
  • 07 May 2021
    Sold for $662,500
  • 08 Nov 2016
    Sold for $615,000
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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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