16/27 Cunningham St, Newstead is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2012. The property has a land size of 116m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in September 2014.
LIFESTYLE LUXURY LOCATION
Nestled amongst designer Parklands and framed by the iconic Gasworks precinct and the Brisbane River this 5th level Mirvac designed luxury apartment is now available to a new astute Investor who is assured of a high proven rental return or make this your own principal place of residence in Brisbane's most sought after location. James Street, Fortitude Valley, Teneriffe and Gasworks offers restaurants, shopping, banking, cosy cafes, trend setting bars, and parks all within an enjoyable walk from Park. This apartment is without equivalent in the Park development when it comes to desired position, outlook and life style available. Apartment 16 depicts the finest of Mirvac Developments outstanding finishes and quality throughout with a very functional and clever floor plan.Once you enter the apartment you will be in awe of the open plan design that flows through from the kitchen dining area to the large east facing balcony that has park & river views & been designed to make most of the Queensland climate for all year round entertaining. Don't miss this rare opportunity to secure your perfect residence or add to your investment port folio, arrange an inspection today. Featuring 2 bedrooms 2 bathrooms Miele Appliances - Integrated refrigerator/freezer, microwave, oven and washer & dryer Corian bench tops Fully ducted reverse cycle air conditioning Window Drapes 2 car accommodation 2 kms to Brisbane CBD 8 kms International/Domestic Airports Located adjacent to Gasworks retail and restaurant/caf precinct Excellent transport options
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 5,920 properties. Over the last 5 years, Houses in Newstead have seen a -2.13% decrease in median value, while Units have seen a 89.29% increase. As at 31 March 2026:
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