. 28 Chester St & 12 Proe Street Newstead QLD 4006
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Prime Newstead Landholding with Dual-Lot Flexibility & Future Upside
Property Details for . 28 Chester St & 12 Proe St, Newstead
About Newstead 4006
The size of Newstead is approximately 0.9 square kilometres. There are 3 parks, covering nearly 8.2% of the total area. The population of Newstead in 2016 was 2193 people. By 2021 the population was 7496 showing a population growth of 241.8% 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 2021, 27.70% of the homes in Newstead were owner-occupied compared with 37.60% in 2016.
Newstead has 5,947 properties. Over the last 5 years, Houses in Newstead have seen a -4.75% decrease in median value, while Units have seen a 91.78% increase. As at 31 July 2026:
- The median value for Houses in Newstead is $1,076,624 while the median value for Units is $1,109,314.
- Units have a median rent of $800.
Suburb Insights for Newstead 4006
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