206/53b Newstead Tce, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 203m2.
WOW!!
Words cannot do justice to the excellent renovations that have modernised this large two bedroom apartment located in the 'Oronsay' building of prestigious 'Mariners Reach' For any buyer wanting to downsize or looking for a lifestyle change without the hassle of renovating then an inspection of this very appealing property is definitely warranted.
With stunning views along the river and surrounded by the magnificent gardens that have become synonymous of 'Mariners Reach' you will not only be captivated by the serenity and beauty but also by the easy convenient lifestyle on offer. Located only 2.5kms to the CBD and a ten minute drive to the airport residents also enjoy being within walking distance to some of the best restaurants and cafes as well as a Woolworths, a medical centre and a pharmacy located in the nearby Gasworks precinct.
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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