SOLD
Sold on 24 Jun 2024 for $800,000

809/7 Chester Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 73m2
Land area: 90m2
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Property Details for 809/7 Chester St, Newstead

809/7 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 90m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2019
Floor Size
73m2
Land Size
90m2
Local Government
Brisbane
Lot/Plan
10809/SP286456

Property History for 809/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$800,000
24 Jun 2024
  • 24 Jun 2024
    Sold for $800,000
  • 28 Sep 2016
    Sold for $710,000

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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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