1311/7 Chester Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

1311/7 Chester Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 81m2
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Property Details for 1311/7 Chester St, Newstead

1311/7 Chester St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 81m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in May 2024.

Building Type
Unit
Year Built
2019
Floor Size
58m2
Land Size
81m2
Local Government
Brisbane
Lot/Plan
11311/SP286456

Last Listing description (May 2024)

*** Please scroll down to find financial information on this property***

Why you'll love it:
Quality craftsmanship and convenience come together in the renowned Chester and Ella

towers, offering the discerning buyer refined and vibrant inner-city living. Just a short walk to
the James Street precinct, Gasworks Plaza, and a wide range of boutique retail and high-
end dining, this one bedroom apartment features open-plan living, an expansive entertaining
balcony, quality fixtures and finishes, and panoramic city suburban views. With resort-style
amenities, including a rooftop infinity pool, fitness centre, concierge service and more, this is
an apartment you will love coming home to.

Key Features:
- Sophisticated modern apartment in the Chester Tower with city suburban views
- One good-sized bedrooms with built-in robes
- Good size bedroom with built in robe and access to the balcony
- Open-plan living, dining, and kitchen area + sizeable entertaining balcony
- Kitchen with waterfall stone benches and top-of-the-line integrated appliances
- Ducted air conditioning, fans, floor-to-ceiling double-glazed windows and doors
- Rooftop infinity pool and spa, fitness centre, putting green, outdoor theatre
- Private dining room, bar room with billiards, and fire pit for social gatherings
- Everything at your doorstep: fine dining, boutique shopping, transport
- Short walk to the James Street dining precinct, the Gasworks, cafes, bars
- Easy walking distance to bus services and Fortitude Valley Metro Rail, New Farm State School, Fortitude Valley Secondary College catchment
- Nearby: Saint Joseph's College, Brisbane Grammar, Brisbane Girl's Grammar
- Currently tenanted at $615 per week till August 2024

Best suited for:
Professionals looking for lock-and-leave convenience close to the CBD or investors wanting
a short- or long-term rental property in a prime city location.

BC Levies: $1,528 approx. per quarter
Total in Sinking Fund: $1,089,911.15
BCC Rates: $480.95 approx. per quarter
QUU Rates: $ 240 approx. per quarter (excluding water usage)

Please contact Peggy for further details on 0404 880 777.

Property History for 1311/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$550,000
01 May 2024
  • 01 May 2024
    Sold for $550,000
  • 25 Mar 2024
    Listed for Sale SOLD BY PEGGY LIU
  • 28 Sep 2016
    Sold for $535,000
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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 -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.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 407 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

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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.