805/16 Masters Street, Newstead, QLD 4006 | Apartment for sale | OnTheHouse
FOR SALE
FOR SALE

805/16 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Top-Floor Living with Oversized Balcony and City Outlook

Positioned on the top floor of the contemporary Lumira development, this stylish apartment is distinguished by an oversized covered balcony rarely found in a one-bedroom residence. Capturing an elevated city outlook and abundant natural light, the home offers an exceptional Newstead lifestyle moments from Gasworks Plaza, Teneriffe and James Street.
Open plan living and dining connects seamlessly with the expansive balcony, creating a generous extension of the internal living space and an ideal setting for outdoor dining and entertaining. The contemporary kitchen is centered around a stone breakfast bar and features gas cooking, quality appliances and excellent storage.
The spacious bedroom enjoys an abundance of natural light and includes a built-in robe, while the modern bathroom offers convenient dual access. Ducted a/c, a separate internal laundry and secure car accommodation complete the residence.
Adding further convenience, the car space occupies its own individual bay rather than sitting directly alongside another vehicle and is positioned within close proximity to the lift, providing easy access between the apartment and basement.
Property Highlights
· Top-floor position within the contemporary Lumira development
· Oversized covered balcony, exceptionally generous for a one-bedroom apartment
· Elevated city outlook and excellent natural light
· Open plan living and dining flowing directly to the balcony
· Contemporary kitchen with stone breakfast bar and quality appliances
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Property Details for 805/16 Masters St, Newstead

805/16 Masters St, Newstead is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with McGrath Aspley.

Building Type
Apartment
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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 5,949 properties. Over the last 5 years, Houses in Newstead have seen a 2.06% increase in median value, while Units have seen a 81.99% increase. As at 31 August 2026:

  • The median value for Houses in Newstead is $1,151,545 while the median value for Units is $1,086,444.
  • Units have a median rent of $800.
There are currently 47 properties listed for sale, and 9 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 339 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

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Tony Aspinall
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Alex Darby
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McGrath Aspley
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.