502/8 Masters Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

502/8 Masters Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 85m2
Land area: 106m2
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Property Details for 502/8 Masters St, Newstead

502/8 Masters St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 106m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2016
Floor Size
85m2
Land Size
106m2
Local Government
Brisbane
Lot/Plan
502/SP275738

Last Listing description (November 2023)

Located in the vibrant heart of Newstead, this stylish 2-bedroom, 2-bathroom apartment boasts a modern open-plan design that epitomizes urban living at its finest. Conveniently located within a leisurely stroll to the renowned James Street precinct and the iconic Gasworks shopping centre, this apartment offers the ultimate in city living.

The apartment showcases a sleek and contemporary kitchen complete with large countertops and an electric stove, providing both functionality and style for your culinary endeavours. The open-plan lounge and dining area create a welcoming and versatile space that seamlessly extends to a generous balcony, setting the scene for gatherings and alfresco dining experiences.

Both of the bedrooms are bathed in natural light, thanks to their large windows that embrace the outdoors. Ceiling fans and air conditioning ensure year-round comfort, and the built-in wardrobes offer storage solutions, adding to the apartment's practicality and convenience.

Discover the perfect blend of modern convenience and urban sophistication in this Newstead gem, where lifestyle and luxury unite to provide you with the ideal home in the heart of the city.

This stunning apartment features:

- Two bedrooms with walk-in closet in the main
- Air-conditioning throughout
- Two bathrooms
- One secure car park
- An abundance of natural light and breezes throughout
- Intercom
- Rental Appraisal: $660 - $700 P.W.
- Units in the complex: 72
- Complex built: 2016
- Around the corner from Gasworks plaza
- 1.7 kilometres from the CBD

Property History for 502/8 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$670,000
20 Oct 2023
Listed for Rent
$500/w
01 Oct 2020
  • 20 Oct 2023
    Sold for $670,000
  • 12 Sep 2023
    Listed for Sale Offers Over $695,000
  • 15 Sep 2020
    Listed for Rent $500 / week
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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 -33.59% decrease in median value, while Units have seen a 83.73% increase. As at 31 December 2025:

  • The median value for Houses in Newstead is $680,976 while the median value for Units is $996,300.
  • Houses have a median rent of $770 while Units have a median rent of $795.
There are currently 19 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 389 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

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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.