507/16 Masters StreetNewstead QLD 4006
Property Details for 507/16 Masters St, Newstead
507/16 Masters St, Newstead is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a land size of 104m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 2 bedroom Apartment sold in Newstead in the last 12 months.
Last Listing description (April 2026)
Capturing a stunning backdrop of the Brisbane City skyline, this contemporary apartment in the 'Lumira' complex offers a premium lifestyle in the heart of Newstead. Positioned just steps from Gasworks Plaza, James Street, and the riverfront, the location is central to the area's best amenities.
The open plan living, dining, and kitchen areas are light-filled and flow seamlessly to the private corner balcony. This outdoor space is equipped with shutters for adjustable privacy and weather protection, making it a functional extension of the living space.
The layout prioritises privacy, with the two bedrooms positioned at separate ends of the apartment. The primary suite features a private ensuite and direct access to the alfresco area, while the second bedroom is serviced by the main central bathroom. Residents will also enjoy access to the 'Lumira' rooftop terrace, which features panoramic city views and BBQ facilities for resident use.
Offered with vacant possession, the property provides an immediate move-in for owner-occupiers or the flexibility for investors. With a consistent rental history and a current rental appraisal of $850 per week, the residence offers a strong foundation for those looking to capitalise on Newstead's high demand.
Property Highlights:
• Two bedrooms with built-in robes
• Primary suite with private ensuite and direct balcony access
• Contemporary kitchen with gas cooktop and stone benchtop
• Corner balcony with privacy shutters and city views
• Zoned ducted air-conditioning and ceiling fans
• Separate laundry
• Allocated car space within the secure basement
• Building intercom and lift access
• Vacant possession
• Walking distance to Gasworks Plaza, James Street, riverfront and ferry terminal
• Easy access to CityGlider bus, and public transport services
• School Catchments: New Farm State School & Fortitude Valley State Secondary College
• Rental appraisal - $850 per week
• Brisbane City Council Rates: approx. $550.80 per quarter
Body Corporate Information:
• Body Corporate Sinking Fund Balance as at 26/02/2026 - $590,111.93
• Insurance Levy: 01/08/2025 to 31/01/2026 (6 months) - approx. $309.54
• Body Corporate Contributions: 01/05/2026 to 31/07/2026
Administrative Fund - approx. $1,039.63
($831.70 if discount applied)
Sinking Fund - approx. $471.11
($376.89 if discount applied)
For additional information or to arrange an inspection, contact Chrissy Arkinstall on 0413 802 842.
Disclaimer: We have, in preparing this advertisement, used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 507/16 Masters St, Newstead, QLD 4006
- 24 Apr 2026Sold - Price Undisclosed
- 02 Apr 2026Listed for Sale Under Offer
- 01 Feb 2018Listed for Rent - Price not available
Recent sales nearby
See more recent sales nearby/assets/perm/queew3kfiai63gr2dw3gi7udwa?signature=c1aa2493a3edb212fb5a66469e65cf025a51125716ac74a89d3c1704d33cec26){kind=logo}
0/assets/perm/nhuzzs5piyi6tlk34hg27lwtnq?signature=9f4a581b7fd617012b917845db7b3b1f95500455688956f58240273f759e732e){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About 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 5,932 properties. Over the last 5 years, Houses in Newstead have seen a -4.29% decrease in median value, while Units have seen a 94.37% increase. As at 30 April 2026:
- The median value for Houses in Newstead is $982,260 while the median value for Units is $1,092,927.
- Units have a median rent of $800.
Suburb Insights for Newstead 4006
Market Insights
Newstead Trends for Houses
N/A
N/A
View TrendN/A
N/A
Newstead Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
