SOLD
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Sold on 02 Jan 2024 - Price Unavailable

807/8 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 807/8 Masters St, Newstead

807/8 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Local Government
Brisbane
Lot/Plan
807/SP275738

Last Listing description (January 2024)

This stunning unit is now available for sale. With its convenient location and modern features, this property is perfect for first-time buyers, investors, or those looking for a stylish city apartment.

As you step inside, you'll immediately notice the contemporary design and high-quality finishes throughout. The open-plan living area is flooded with natural light, creating a bright and welcoming space. The living room seamlessly flows into the dining area and kitchen, making it ideal for entertaining guests or enjoying a quiet night in.

The bedroom is spacious and features built-in wardrobes, providing ample storage space. The sleek bathroom boasts modern fixtures and a stylish design. This property also comes with a garage space, ensuring you always have a secure place to park your vehicle.

Located in the heart of Newstead, you'll have easy access to an array of amenities, including trendy cafes, restaurants, and boutique shops. The vibrant cityscape and urban lifestyle are right at your doorstep, with public transportation options nearby for convenient commuting.

Don't miss out on this fantastic opportunity to own a stylish and contemporary unit in a sought-after location.

- Large bedroom with built in robes
- Skyline city views and expansive balcony
- Study nook ideal for WFH
- Spacious open plan living and dining area
- Kitchen with ample storage
- Stainless steel gas cooktop & oven
- Separate European style laundry
- Ducted air conditioning with ceiling fans
- Onsite Management
- Intercom access with undercover secure parking
- Pet friendly
- Public transport on your doorstep
- 450m to Gasworks & Fortitude Valley Homemaker Centre
- Walking distance to James St retail precinct
- 3km to Brisbane CBD
- 20 minutes to Brisbane Airport

The numbers:

Body Corporate fees: $4,301 p.a approx
Sinking Fund: $374,103 as at 11/23
Council Rates: $450 per quarter

Property History for 807/8 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
02 Jan 2024
Listed for Rent
$400/w
31 Jul 2017
  • 19 Dec 2023
    Sold for $510,000
  • 24 Nov 2023
    Listed for Sale Under Contract
  • 26 Jun 2017
    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 5,679 properties. Over the last 5 years, Houses in Newstead have seen a -40.87% decrease in median value, while Units have seen a 36.32% increase. As at 31 August 2024:

  • The median value for Houses in Newstead is $537,587 while the median value for Units is $762,476.
  • Houses have a median rent of $770 while Units have a median rent of $750.
There are currently 51 properties listed for sale, and 29 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 479 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

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Andrew Edwards
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Ray White New Farm
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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.