402/16 Masters St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 89m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Under 3 years old, this immaculate high yielding apartment is set in an unrivaled location with every convenience at your doorstep offering an ideal investment in a prime lifestyle location. Leased at $545 per week to executive tenants the apartment features stunning interiors that have been meticulously designed and open plan living spaces with lots of storage. Enjoying a superb 4th floor North East position with sweeping urban views, it offers a rare combination of high returns and a location that will make you want to move in yourself.
- Generous 90sqm total living area
- Two luxurious bedrooms and bathrooms, main bedroom with walk in robe, ensuite and direct access to the balcony
***DISCLAIMER*** This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.
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 5,760 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:
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