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.
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
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:
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