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Sold on 04 Nov 2024 for $640,000

901/30 Festival Place
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 93m2
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Property Details for 901/30 Festival Pl, Newstead

901/30 Festival Pl, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 93m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
61m2
Land Size
93m2
Local Government
Brisbane
Lot/Plan
901/SP268991

Last Listing description (November 2024)

Discover the pinnacle of luxury living in this exceptional one-bedroom apartment located in the prestigious Skyring Residences, part of the vibrant Gasworks precinct. This stunning residence offers a unique blend of sophistication, comfort, and breathtaking views, representing the best of Newstead living.

As you step into this light-filled sanctuary on the 9th floor, you?ll be greeted by impeccable interiors that showcase quality finishes and upgraded wooden flooring. Freshly painted and adorned with floor-to-ceiling glass, this home captures an abundance of natural light and stunning vistas, setting the stage for a lifestyle of elegance.

Spanning an expansive 90sqm approx, the open floor plan seamlessly connects the inviting living room to a generous balcony, perfect for enjoying sweeping views from Bulimba to Mt Coo-tha, along with serene river glimpses. The spacious hallway features abundant storage, leading to a meticulously designed interior equipped with ducted air-conditioning and top-of-the-line stainless steel European appliances. A convenient study nook offers versatility in the bedroom, easily converting into additional wardrobe space to suit your needs.

The Skyring Apartments elevate your living experience with world-class amenities, including a heated 25-meter pool, beautifully landscaped gardens reminiscent of a resort, BBQ facilities, a state-of-the-art gym, and an exclusive residents' lounge / BBQ area. Immerse yourself in the luxurious lifestyle this prestigious residence affords.

Property info:
- Body corporate $ $1,160 per qtr approx
- Rates $425 per qtr approx
- Utilities $270 per qtr approx
- Very healthy sinking fund $1,100,000 approx
- Rental appraisal $640 to $680 pw approx

Positioned just two kilometers from Brisbane's CBD, unit 901 is nestled in the highly sought-after Newstead neighborhood. Here, you'll enjoy immediate access to South-East Queensland's finest shopping and dining options. Overlooking the vibrant Long Island piazza, which features a Total Fusion gym and plans for a renowned restaurant and hair salon, this apartment places you at the epicenter of Newstead's trendy atmosphere. Nearby, the picturesque Brisbane River and iconic destinations like Gasworks, Emporium, James Street, and Howard Smith Wharves offer an array of renowned bars, cafes, and restaurants.

With convenient public transport options?including trains, ferries, and buses?all within easy walking distance (900m, 450m, and 20m, respectively), and the airport just a quick ten-minute drive via the tunnel, getting around South-East Queensland has never been easier.

Embrace a life of luxury and convenience in this elegant Newstead residence?your urban oasis awaits!

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Property History for 901/30 Festival Pl, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$640,000
04 Nov 2024
  • 04 Nov 2024
    Sold for $640,000
  • 03 Oct 2024
    Listed for Sale Under Contract
  • 22 Sep 2021
    Sold for $422,000
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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 5,590 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 39 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 474 properties were sold in the past 12 months in Newstead.

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