503/57B Newstead Terrace, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

503/57B Newstead Terrace
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 503/57b Newstead Tce, Newstead

503/57b Newstead Tce, Newstead is a 2 bedroom, 2 bathroom Unit with 2 parking spaces.

Building Type
Unit
Local Government
Brisbane

Last Listing description (February 2022)

The Phone Code for this property is: 71271. Please quote this number when phoning or texting.

This beautiful 'MARINERS REACH' apartment is located in one of Brisbane's most desirable locations.

Located directly on the Brisbane River, next door to Newstead Park and Gardens.

You will enjoy waking up to the wonderful, ever changing 'wide' vista views of the Brisbane River.

Rare to have such city convenience in a QUIET location, this apartment complex is unique and built within 3.5 acres of beautifully landscaped gardens.

UNIQUE FEATURES YOU WILL LOVE;

GENERAL
- Positioning of apartment. Sub Penthouse, 5th Level with apartment extending forward, meaning 'no view' of neighbours.
- 3.5 acres of beautifully landscaped gardens, to walk around and spend time in. This is unique to the Mariners Reach Complex
- Direct waterfront, overlooking Brisbane's river walk. No road in front
- 3 x swimming pools, 2 x Spa's and 1 fully equipped recently upgraded gym
- High owner occupancy rate
- Train, bus and ferry all very close and walking distance
- 8 minute walk approximately, to Gasworks Precinct, hosting Woolworths, Restaurants and Cafes
- 10 to 12 minute walk approximately, to Brisbane City Cat Ferry Terminal at Teneriffe
- 5 to 6 minute walk approximately, to MICA French Brasserie and Breakfast Creek Hotel
- 10 minute walk to Bowen Hills Train Station

APARTMENT FEATURES
- Located in the Arcadia Building, 57B Mariners Reach
- 2 x good size bedrooms, 2 bathrooms (1 ensuite) and 2x car parks (Tandem).
- Large double storage unit with shelves in garage with lockable sliding doors for easy access.
- Decent size apartment with open plan living
- Flooring - Acoustic Forbo, easy care commercial flooring, American Oak. Floorboard look.
- Cabinetry - Light beachwood look in kitchen, laundry and bathrooms. (New)
- Superior DC Fans throughout the apartment. Lounge and Dining room fans have dimmable lights with colour change options from warm to white
- Walk in Pantry
- Views of river, from all rooms including both bedrooms
- Ducted air conditioning, zoned (replaced 2015)
- Quality well built complex by Mirvac. Complex exterior, freshly painted within the last 2 years
- Body Corporate Fees, including sinking fund approximately $8,300 to to $8,700 per year

NOTES:
- Some photos are more recent and some photos taken at an earlier date and feature different furniture.
- BODY CORPORATE DISCLOSURE DOCUMENTS ordered 10 January 2022
- SALES COMPARISONS can be sent by request.

****IMPORTANT OPEN HOMES *** - if / when conducted.
Please be aware that NO MORE THAN 4 people at a time will be granted entry. Open homes will be 1 x HOUR so there is time for everyone. Please social distance as appropriate. Hand Sanitiser and Masks will be made available upon entry. (or bring your own mask)

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 503/57b Newstead Tce, Newstead, QLD 4006

A timeline of how this property has performed in the market
Listed for Rent
$770/w
08 May 2018
  • 22 Dec 2021
    Listed for Sale Offers Circa 1.79 mill
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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 5,762 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 17 properties listed for sale, and 9 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 392 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.