503/7 Chester Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

503/7 Chester Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 75m2
Land area: 89m2
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Property Details for 503/7 Chester St, Newstead

503/7 Chester St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 89m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
2019
Floor Size
75m2
Land Size
89m2
Local Government
Brisbane
Lot/Plan
10503/SP286456

Last Listing description (October 2025)

Why You'll Love It:
Located in the Chester and Ella apartment building in Newstead, just a short walk from the Gasworks and James Street precinct, this near-new apartment redefines luxury inner-city living. Featuring a refined contemporary design, a light-filled living space, and a balcony with views over Tenerife, along with a range of concierge services and first-class facilities, this apartment offers a vibrant and sophisticated lifestyle in the heart of Brisbane.

Key Features:

- Modern designer apartment with a sunny north-facing balcony
- Two bedrooms with mirror built-in wardrobes, separated by the living space, plus two bathrooms
- Light-filled, elegant open-plan living, dining, and kitchen area with timber floors
- Designer kitchen with Miele appliances, marble waterfall benches, and a breakfast bar
- Ducted air conditioning, ceiling fans, blinds, and secure basement car space
- Concierge services including dry cleaning, car washing, bookings, cleaning, and more
- Two rooftop pools, outdoor cinema, BBQ, and outdoor entertaining spaces
- Fully equipped gym, private theatre room, dining room, and chef's kitchen
- Walking distance to Fortitude Valley State School and New Farm State Primary School
- Close to James Street, the Gasworks, supermarkets, restaurants, and shops
- Easy access to transport, and proximity to Brisbane CBD, Chinatown, and Fortitude Valley
- Vacant Ready to Move In

Best Suited For: Professionals seeking full-service living close to the CBD or investors looking to add a quality property to their portfolio.

Financial Infomation:
Strata Levies: $1580 approx.per quarter
Council Rates: $506.70 approx. per quarter
Water Rates: $228 approx.per quarter (excluding water usage)

Property History for 503/7 Chester St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$821,000
04 Mar 2025
  • 04 Mar 2025
    Sold for $821,000
  • 25 Oct 2024
    Listed for Sale Ready to move in 7/3 !!!
  • 20 Sep 2016
    Sold for $705,000
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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 5,785 properties. Over the last 5 years, Houses in Newstead have seen a -30.75% decrease in median value, while Units have seen a 84.19% increase. As at 28 February 2026:

  • The median value for Houses in Newstead is $694,418 while the median value for Units is $1,045,442.
  • Houses have a median rent of $755 while Units have a median rent of $800.
There are currently 28 properties listed for sale, and 8 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 377 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.