16 Proe Street, Newstead, QLD 4006 sold on 06 October 2025 | OnTheHouse
SOLD
Sold on 06 Oct 2025 for $3,000,000

16 Proe Street
Newstead QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 293m2
Save

Property Details for 16 Proe St, Newstead

Building Type
Commercial
Land Size
293m2
Local Government
Brisbane
Lot/Plan
59/RP9281

Last Listing description (July 2023)

This property is in a very sought after area of Newstead close to all public transport and facilities a property like this does not come along everyday with multiple opportunities for your business to expand and thrive in this wonderful location it features upstairs and downstairs with multiple bathrooms and large open spaces for your business needs.

If you wish to view this property please contact Jack Mackay or Corey Bliss from Lion National Property Group

Property History for 16 Proe St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$3,000,000
06 Oct 2025
Listed for Rent
$80k/w
17 Jul 2023
  • 06 Oct 2025
    Sold for $3,000,000
  • 07 Feb 2023
    Listed for Rent $88,000 / year
  • 28 Jul 1999
    Sold for $275,000
Commute Calculator

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 5,757 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 16 properties listed for sale, and 2 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 393 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.