1201/27 Commercial Road, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

1201/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 113m2
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Property Details for 1201/27 Commercial Rd, Newstead

1201/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 113m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2016
Floor Size
94m2
Land Size
113m2
Local Government
Brisbane
Lot/Plan
1201/SP273554

Last Listing description (October 2023)

Located on level 12 in the highly desirable 'La Vida' apartments, this corner 2-bedroom residence provides the ultimate in inner city living. Arguably La Vida's best 2-bedroom floor plan, apartment 1201 offers the perfect sanctuary amongst one of Brisbane's most liveable suburbs. Luxurious finishes combined with practical design ensure a level of living only few get to enjoy.

A spacious and stylish kitchen forms the hub of this home. Sleek freshly polished quartzite stone benchtops match perfectly with the modern cabinetry and combined with feature lighting, sets the benchmark in elegance and form. Endless storage, enhanced further with a large island bench make this kitchen feel even larger. An integrated microwave and dishwasher extend the level of finish this apartment offers. High end Ilve appliances including, integrated multi-function oven and gas cooktop make hosting a breeze for the busiest of entertainers.

The intelligent layout ensures the living space is central and maximises stunning elevated views day and night while 2.7m high ceilings and full-length sliding doors combine to provide an abundance of breeze and natural light. Often overlooked by modern designers, a distinct dining area can accommodate a 6-seat table with ease and offers bespoke feature lighting.

Separated from the living space, both bedrooms are private and feature brand new plush carpets. Additionally, each bedroom is complete with chic and functional joinery, while the stylish quartzite stone and cabinetry continue the elegant theme into the bathrooms. This clever layout ensures both bedrooms enjoy close proximity to bathrooms (master with ensuite) providing easy access and privacy for everyone.

Outside, the spacious balcony provides the ideal area to relax with the elevated urban skyline and surrounding hills as the perfect backdrop. A truly practical size, it offers multiple living areas with room for a dining table in addition to an outdoor lounge setting.

Our sellers have lovingly maintained this home since they bought it new, making this apartment one of the best examples of Newstead living on the market.

Features include:
- 2.7m high ceilings (above the 2.5m high average)
- Stylish and practical kitchen with plenty of storage
- Integrated Ilve dishwasher and multi-function microwave
- Ilve stainless steel appliances
- Expansive quartzite benchtops newly polished
- Ceiling fans throughout
- Freshly painted throughout
- Brand new carpets installed
- European floor tiles
- Low body corporate fees
- Excellent owner occupier ratio in the building

Building Features:
- Residents rooftop pool, sauna and BBQ entertaining area
- Panoramic skyline views
- Secure intercom entry for privacy and security
- Secure undercover parking
- Excellent onsite management

Perfectly positioned, you can walk to James Street, Gasworks and the river walk in minutes, whilst the CBD is just 20 minutes' walk or minutes by car. This apartment is incredibly quiet yet still in the heart of Newstead. With its industrial heritage and recently refurbished urban precincts, Newstead has an edgy appeal that makes it one of Brisbane's most sought-after suburbs. Within arm's reach of the city and neighbouring popular suburbs, Newstead offers a lifestyle enriched by some of Brisbane's best cafes, restaurants, bars and shopping. While gyms, dog parks and yoga studios are also scattered throughout.

Disclaimer: Every care has been taken to ensure accuracy of this advertisement, but any potential buyer should undertake their own investigations

Property History for 1201/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$882,500
13 Sep 2023
  • 13 Sep 2023
    Sold for $882,500
  • 28 Aug 2023
    Listed for Sale Offers Over $870,000
  • 16 Aug 2018
    Sold for $584,500
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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 5,788 properties. Over the last 5 years, Houses in Newstead have seen a -30.75% decrease in median value, while Units have seen a 84.19% increase. As at 28 February 2026:

  • The median value for Houses in Newstead is $694,418 while the median value for Units is $1,045,442.
  • Houses have a median rent of $755 while Units have a median rent of $800.
There are currently 29 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 376 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.