SOLD
Sold on 27 Feb 2024 for $525,000

905/8 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 73m2
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Property Details for 905/8 Masters St, Newstead

905/8 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 73m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Newstead in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
59m2
Land Size
73m2
Local Government
Brisbane
Lot/Plan
905/SP275738

Last Listing description (March 2024)

This immaculate apartment is set in an unrivalled position with every convenience at your doorstep, in one of Brisbane's most popular lifestyle precincts. Enjoying a superb 9th floor corner position with sweeping Newstead and CBD skyline views, it will be hard not to fall in love with this apartment.

Incorporates effortless indoor and outdoor living. You are just walking distance to James Street, abundant nightlife, cafes & restaurants and the iconic Gasworks Plaza while Howard Smith Wharves and the CBD are mere kilometres away.

Features:

- 73sqm of open plan design that provides a perfect amount of natural light

- Contemporary kitchen with premium appliances, breakfast bar and plenty of storage & bench space

- Bright and spacious bathroom with vanity storage

- Large bedroom with direct balcony access

- Quality fittings & fixtures

- Air conditioning

- Intercom access with undercover secure parking

- Pet friendly

- Low Body Corporate fees

- 1 min walk to Gasworks precinct

- Close proximity to Newstead Bike Way, New Farm Park, Howard Smith Wharves and James Street dining and entertainment precinct

- Short walk to CityGlider stops and Teneriffe Ferry Terminal

Location:

- 200m Gasworks shopping plaza, Woolworths

- 430m Waterfront Park

- 450m Ferry/CityCat terminal

- 550m James Street' shopping precinct

- 900m Teneriffe Park

- 1.7km New Farm Park

- 2.2km to Brisbane CBD

Property Code: 10571

Property History for 905/8 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$525,000
27 Feb 2024
Listed for Rent
$550/w
30 May 2023
  • 27 Feb 2024
    Sold for $525,000
  • 23 May 2023
    Listed for Rent $550 / week
  • 01 Jun 2022
    Listed for Rent $470 / 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.

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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.