402/16 Masters Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

402/16 Masters Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 89m2
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Property Details for 402/16 Masters St, Newstead

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.

Building Type
Unit
Year Built
2015
Floor Size
79m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
402/SP267641

Last Listing description (April 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

- Stunning double sided kitchen with modern appliances, 40mm stone benchtops with waterfall edges and plenty of storage
- Dedicated, in built study nook
- Ducted & zoned air conditioning throughout the entire unit
- Separate private storage room on the same floor
- Engineered timber floorboards throughout living areas and kitchen
- Floor to ceiling tiles throughout both bathrooms
- Residents exclusive use rooftop entertaining & BBQ area with stunning city views
Set just 3kms from Brisbane CBD, and less than 300 metres to Newstead's Gasworks, you are perfectly positioned in the heart of this connected, bustling suburb. Experience the diverse range of what Newstead and Teneriffe has to offer - take advantage of the CityCat on the weekend, sprawling stretches of cafes and water-front restaurants, or spend the morning strolling along the Newstead Bikeway.
- 3 mins walk to Gasworks
- Close proximity to New Farm, Teneriffe
- 10 mins walk to over 200 cafes, restaurants and bars
- Executive lease until February 2020 at $545 per week

***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.

Property History for 402/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$445,000
15 Feb 2019
Listed for Rent
$545/w
06 Jan 2017
  • 15 Feb 2019
    Sold for $445,000
  • 21 Jan 2019
    Listed for Sale Not Disclosed
  • 24 Dec 2016
    Listed for Rent - Price not available
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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 5,760 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:

  • 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 13 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 407 properties were sold in the past 12 months in Newstead.

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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.