108/28 Masters StreetNewstead QLD 4006
Property Details for 108/28 Masters St, Newstead
108/28 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 75m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Last Listing description (May 2023)
Glowing in ample natural light, upon entering a suite of amenities will catch your eye. Underneath lavish 2.6 metre high ceilings, the future homeowner will fall in love with ample storage, stainless steel kitchen appliances, electric cooktops, timber flooring, internal laundry facilities, a contemporary bathroom and a large bedroom backing onto the back courtyard and also features a front balcony off the living area.
Sure to generate additional buzz for this hot new listing is the fact that the master bedroom is equally as spectacular. Spacious in size and designed with practicality in mind, there's enough room for a king size bed, two bedside tables and a duchess as well as built-in wardrobes. Don't let this appealing investment opportunity pass you by.
Property Features:
Sinking Fund: $95,000+ approx
Rates: $360 approx per quarter
Rental: On periodic rental. Rental appraisal $450pw to $500pw approx
Includes storage cage
Two kilometres from Brisbane's CBD in Newstead, this apartment enjoys immediate access to many of south-east Queensland's best retail and dining precincts. Directly across the road resides the fantastic Gasworks precinct, which plays home to Woolworths, Campos and several eateries, as well as nearby the Long Island piaza, this unit is right in the middle of everything that makes Newstead one of Australia's coolest suburbs.
Close by can be found the tranquillity of the Brisbane River as well as Emporium, James Street and Howard Smith Wharves, where numerous bars, shops, cafes and restaurants exist. Navigating across southeast Queensland is easy with public transport options such as train, ferry and bus all within walking distance, whilst the airport is a mere ten-minute drive away via tunnel.
** Please note images are not of the unit but of the next-door unit being the same fixture, fittings and size.
Property History for 108/28 Masters St, Newstead, QLD 4006
- 15 Apr 2023Sold for $380,000
- 13 Apr 2023Listed for Sale $400,000
- 30 Aug 2005Sold for $304,000
Recent sales nearby
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0About 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 -43.32% decrease in median value, while Units have seen a 79.99% increase. As at 30 November 2025:
- The median value for Houses in Newstead is $614,474 while the median value for Units is $981,655.
- Houses have a median rent of $775 while Units have a median rent of $780.
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