38/20 Newstead Tce, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 118m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
The Gasworks precinct, Brisbane River, New Farm Park, Powerhouse and James Street are all easy walking distance from this superb apartment, but far enough away that you can enjoy some peace and quiet and the lifestyle that Brisbane's premier peninsula has to offer.Enjoy afternoon breezes and the privacy offered by the mature canopy of the tree lined street as you sit on your huge entertainer's balcony. Weekends are spent casually walking to one of the numerous cafs for a morning coffee with an almond croissant while you catch up on the news of the day. Your journey continues along the river to Newstead Park or the opposite way to the Powerhouse markets and New Farm Park for a wood fired pizza and Aperol Spritz.You could make dinner in the well-appointed cook's kitchen or choose from any number of restaurants covering all cuisines another easy stroll away. The bedrooms are generous in size with the master boasting an amazing ensuite not seen at this price point. The living area is large with ample room for a dining table and couch with chaise and leads out to the private balcony.Recently repainted, with new carpet and stunning polished wooden floors this property stacks up so well against newer Newstead builds that it's not even fair to compare.Newstead Terraces has resort style facilities with pools, entertaining spaces, sauna and a well equipped gym, sure to make you the envy of all your friends. For investors, the returns are excellent and the outgoings low.Currently vacant and ready to go this turnkey apartment can be your early Christmas present.
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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