SOLD
Sold on 11 Jun 2024 for $920,000

89/27 Cunningham Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 82m2
Land area: 97m2
Sold By
Belle Property Paddington
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Property Details for 89/27 Cunningham St, Newstead

89/27 Cunningham St, Newstead is a 2 bedroom, 2 bathroom Unit and was built in 2012. The property has a land size of 97m2 and floor size of 82m2. 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
2012
Floor Size
82m2
Land Size
97m2
Local Government
Brisbane
Lot/Plan
89/SP221433

Last Listing description (July 2024)

Welcome to 89/27 Cunningham Street; located within the iconic Park at Waterfront Newstead, here you will find this impressive 2 bedroom apartment with views over tranquil parkland, and glimpses of the Brisbane River.

Meticulously designed by Mirvac, Park at Waterfront is perfect for those seeking a relaxed lifestyle, with an exceptional array of cafes, restaurants, and amenities at your doorstep. Here you can enjoy the convenience of inner-city living, enhanced by the peace and tranquility of this enviable address in the heart of Newstead.

Features:

- Kitchen with stone benchtops and integrated European appliances (including microwave, dishwasher, and fridge)
- Large balcony, perfect for relaxing or entertaining with family and friends
- Main bedroom with built-in robes, ensuite bathroom and direct access to the balcony
- Plenty of storage space
- European style laundry
- Ducted reverse cycle air conditioning
- Secure car park within the basement parking
- Well positioned next to Gasworks and a short walk to the Teneriffe ferry terminal and New Farm

Contact Anthony for more information or to arrange an inspection.

Property History for 89/27 Cunningham St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$920,000
11 Jun 2024
Listed for Rent
$560/w
11 Aug 2021
  • 11 Jun 2024
    Sold for $920,000
  • 17 Apr 2024
    Listed for Sale Price on Request
  • 11 Aug 2021
    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 5,587 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.

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.