308/28 Masters StreetNewstead QLD 4006
Property Details for 308/28 Masters St, Newstead
308/28 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 69m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 1 bedroom Unit sold in Newstead in the last 12 months.
Last Listing description (November 2025)
Congratulations! You've just discovered a rare off-market opportunity. Unit 308 at 28 Masters Street is a true diamond in the rough, and it wont be available for long. As one of the select few invited to view this exceptional off-market property, youre about to experience a unique offering.
Built 20 years ago, this boutique complex of only 30 units is renowned for its durability and timeless design. With minimal moving parts, it offers long-term value and low maintenance costs, all while being just seconds away from Gasworks and the areas trendy bars, cafes, and restaurants.
Unit 308 has been beautifully renovated, meaning you can move in and start living the high life immediately. Located on the top (third) floor, this spacious apartment boasts stunning 3.2m raked ceilings, providing an open and airy feel. Enjoy the rare cross-breeze that flows from front to back, as well as the convenience of two brand-new air conditioners.
The apartment is designed for comfort and practicality, with plenty of storage throughout, modern stainless steel kitchen appliances, electric cooktops, and an internal laundry. The contemporary bathroom adds to the appeal, and the large living area opens onto a spacious balcony perfect for relaxing or entertaining.
The master bedroom is equally impressive. Generously sized, it easily accommodates a king-size bed, two bedside tables, and a dresser. It also features a large built-in wardrobe and a Juliette balcony, making it a peaceful retreat.
Property Features:
- 70sqm approx
- Body Corporate Fees: $ 990 approx per quarter
- Sinking Fund: $140,000 + approx
- Rates: $400 approx per quarter
- Rental appraisal: $600 - $620 approx ( please note owner-occupied and the owner has expressed he will rent back the property if an investor is interested )
This is a standout investment opportunity in a vibrant community. Dont miss your chance to own this exceptional property.
Property History for 308/28 Masters St, Newstead, QLD 4006
- 21 May 2025Sold for $627,500
- 28 Mar 2025Listed for Sale By Negotiation
- 05 Oct 2023Sold for $417,500
Recent sales nearby
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0About 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 5,780 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.
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