510/16 Masters Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

510/16 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 70m2
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Property Details for 510/16 Masters St, Newstead

510/16 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 70m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
Unit
Year Built
2016
Floor Size
58m2
Land Size
70m2
Local Government
Brisbane
Lot/Plan
510/SP267641

Last Listing description (January 2024)

Situated in the heart of Newstead, this stunning apartment is perfect for those wanting to embrace the city lifestyle.

The open plan living area is complemented stunningly with the contemporary kitchen complete with quality finishes and bold tones. The large master suite provides additional access to the balcony and bathroom as well as a huge walk-through wardrobe with plenty of storage space.

Lumira apartments are only a short walk to the best entertainment and dining options that Brisbane has to offer. The beautiful Teneriffe and New Farm Riverwalk is moments away from your doorstep.

Features:

- One large bedroom with built in robes, direct access to the bathroom and balcony

- Spacious and private enclosed balcony

- Contemporary kitchen with a gas cook top and stainless appliances

- Ducted & zoned air conditioning throughout the entire unit

- Separate laundry and ample storage

- Timber-look hard flooring in living area

- Secure undercover car space

- Residents exclusive use rooftop entertaining & BBQ area with stunning city views

Location:

Set just 2.5kms from Brisbane CBD, and only 200 metres to Newstead's Gasworks. 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.

- 200m from Gasworks

- 650m James street precinct

- 700m from Teneriffe Ferry Terminal

- 1.1km from Fortitude Valley

- 1.1km from New Farm Park

- 1.6km to Howard Smith Wharves

- 2.5km from Brisbane City

Property Code: 6330

Property History for 510/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$515,000
16 Nov 2023
Listed for Rent
$390/w
29 Aug 2018
  • 16 Nov 2023
    Sold for $515,000
  • 17 Apr 2023
    Listed for Sale $439,000 +
  • 29 Jan 2020
    Listed for Sale $380,000 +
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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 5,760 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 18 properties listed for sale, and 8 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 385 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.