103/16 Masters Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

103/16 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 75m2
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Property Details for 103/16 Masters St, Newstead

103/16 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 75m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2016
Floor Size
57m2
Land Size
75m2
Local Government
Brisbane
Lot/Plan
103/SP267641

Last Listing description (August 2025)

103/16 Masters Street offers an impressive blend of space and style; often sought and rarely found when searching for one bedroom properties. The open plan lounge and dining spaces are oversized with ample space to house both a large lounge as well as a dining setting, adjacent to a dine-in style breakfast bar kitchen. Tall ceilings, neutral white paint and trendy timber-look, low maintenance laminate plank flooring couple with ceiling fans and ducted air-conditioning to deliver a warm and inviting sunlit space to call home.

While the locality will have you spoilt for choice come dinner time, if you did feel like playing chef, the kitchen will have you well-equipped with stainless appliances, and a gas cooktop. Bench space is comfortable to entertain in, with the microwave nook cleverly added to a large pantry nook.

The apartment is located on the first floor on the North-Eastern corner of the building, which means your balcony is actually larger than the rest extending out beyond; think terrace rather than balcony with built-in planter boxes. Your aspect from lounge, dining, kitchen and bedroom are perfect for the morning sun; the space isn’t blocked or overshadowed by neighbouring buildings which is an asset hard-to-come-by.

The bedroom is of course a great size, and a walk-through, mirrored robe gives access to an ensuite / main bathroom combo with a large shower.

Sweet dreams are made of these:
- Body Corporate Sinking Fund Balance: $603,329.32 (as at 8/5/24)
- Body Corporate: $1,454.83 / qtr (admin, sinking fund + insurance)
- Brisbane Council Rates: $401.76 / qtr
- Currently Vacant possession
- Rental appraisal: $620 pw
- Balcony larger than most
- Spacious lounge, dining combo
- East-facing balcony
- Walk-through robe and ensuite
- Rooftop with city views, BBQ and lounges
- Lift access to 1st floor
- Secure basement car parking
- Visitor car spots as well

Upstairs a building exclusive rooftop begs to host evening wine and cheese nights, with plenty of dining tables, lounge chairs, BBQ areas with the full CBD skyline and Story Bridge as special guests, ripe for Riverfire or NYE.

If you’re chasing cake and coffee, Masters Street Coffee sits downstairs at street level, and to burn off the cake afterwards, Studio 45 Fitness and Pilates next door should help. Obviously this location is convenience rich; leave the car at home and walk to Gasworks Plaza at the end of the street, Teneriffe Boardwalk beyond, or toss up whether to walk, scooter, bus or catch the ferry to work next.

Call Nick Bowen today to arrange your private inspection, or you might just miss out!

Property History for 103/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$562,000
18 May 2024
Listed for Rent
$400/w
29 Mar 2018
  • 18 May 2024
    Sold for $562,000
  • 16 May 2024
    Listed for Sale Sold
  • 29 Nov 2021
    Sold for $395,000
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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 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 5,760 properties. Over the last 5 years, Houses in Newstead have seen a -33.59% decrease in median value, while Units have seen a 83.73% increase. As at 31 December 2025:

  • The median value for Houses in Newstead is $680,976 while the median value for Units is $996,300.
  • Houses have a median rent of $770 while Units have a median rent of $795.
There are currently 19 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 387 properties were sold in the past 12 months in Newstead.

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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.