OFF MARKET

817/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 101m2
Land area: 116m2
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Property Details for 817/27 Commercial Rd, Newstead

817/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a land size of 116m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in January 2015.

Building Type
Unit
Year Built
2016
Floor Size
101m2
Land Size
116m2
Local Government
Brisbane
Lot/Plan
817/SP273554

Last Listing description (September 2024)

Discover luxurious living in the heart of Newstead with this magnificent apartment in the La Vida towers.

This contemporary residence boasts two spacious bedrooms and two bathrooms. The modern kitchen is well-equipped with stainless steel appliances and features a breakfast bar, offering ample storage and space. The open-plan seamlessly connects to the dining and lounge areas and extends to the covered balcony, ideal for entertaining or simply unwinding after a long day. Fans installed in both bedrooms and centralised air conditioning which makes for ideal living in Queensland. The master bedroom features a walk-in-robe and ensuite, with floor-to-ceiling windows that allow natural light to stream in.
There is a separate laundry area fitted with a dryer for added convenience.

Perfectly situated in central Newstead, this property offers convenience and exceptional value. Newstead is a highly sought-after suburb enriched by the Riverwalk, Gasworks, James Street and New Farm Park. There is a great range of dining precincts, entertainment and boutique shops right outside your doorstep. The nearby public transport options provide quick and easy access to Brisbane CBD.

- 500m to Teneriffe City Cat and Ferry terminal
- 2km to Brisbane CBD

The whole building is equipped with secured access, BBQ area and a rooftop swimming pool boasting magnificent city views. There is a secured undercover parking, including visitor parking and lift access.

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*Whilst all care has been taken to make sure the information provided here is correct, we do not take responsibility for any inaccuracies. Accordingly, interested parties should make their own enquiries to verify theinformation.

Property History for 817/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$608,000
30 Jan 2015
Listed for Rent
$500/w
27 Oct 2020
  • 25 Jun 2024
    Listed for Rent $850 / week
  • 21 Oct 2020
    Listed for Rent - Price not available
  • 08 Jul 2018
    Listed for Rent $560 / week
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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 5,678 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:

  • The median value for Houses in Newstead is $540,757 while the median value for Units is $781,533.
  • Houses have a median rent of $775 while Units have a median rent of $735.
There are currently 51 properties listed for sale, and 28 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 490 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

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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.