517/27 Commercial Road, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

517/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 116m2
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Property Details for 517/27 Commercial Rd, Newstead

517/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 116m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Year Built
2016
Floor Size
101m2
Land Size
116m2
Local Government
Brisbane
Lot/Plan
517/SP273554

Last Listing description (March 2017)

The current purchaser is unable to complete the contract and therefore presents you with an opportunity to purchase this sought after floor plan in the highly regarded La Vida development. Construction is now completed and you can save thousands! Apartment 517 is a generous 100sqm internal 2 bedrooms, 2 bathroom apartment with a further 15sqm balcony (see floorplan). Using a gorgeous colour palates, the apartment will be appointed with Quartzite benchtops, imported ilve appliances and italian floor tiles. All finishes are stylish, functional and durable. The apartment offers a glass feature panel that creates a profusion of natural light. The living room flows seamlessly onto the balcony which allow residents to enjoy the open plan living that Brisbane is so known for. Perched proudly atop each of the towers is a resort style pool and entertaining deck available to all residents. But if relaxing isn ??t your style work out pool side before reclining back in the sauna. Enjoy alfresco dining at the BBQ area surrounded by tropical landscaping and sun lounges. Or just enjoy the views to the edges of Brisbane. The apartment offers: Ducted air conditioning. Quartzite stone bench tops. Ilve appliances ?? gas cook top, oven, integrated dishwasher, range hood and microwave. European floor tiles in the living, kitchen & wet areas 100% wool carpet in the bedrooms Feature wall covering in living and bedrooms drapery throughout. Pendant lighting in the kitchen, dining & bathrooms, dryer installed in laundry. The Complex offers: Two resort style pools sauna BBQ area with seating & tables tropical landscaped gardens security intercom secure basement parking. Two master planned apartment blocks in the ideal location, encompassing 187 spacious apartments, combined to offer Brisbane living at its best. Superior planning and innovative design have lead to the creation of spacious one, two and three bedroom luxuriously appointed units, all within the social and sought after mecca of Brisbane ??s Newstead. In addition to superb interiors, La Vida offers resort style rooftop facilities rarely seen in this marketplace. Living the Life at La Vida is a decision that will not disappoint ?? the perfect combination of location, luxury and lifestyle. La Vida is perfectly located within 5 minute ??s walk from Brisbane ??s fastest growing commercial, retail and residential areas, Gasworks with over 8000sqm of retail euphoria at your doorstep and offers an alluring mix of convenience and lifestyle, cafes, restaurants and shopping. Alternatively, head north from La Vida towards the exclusive James St precinct and immerse yourself in the boutiques, homewares and galleries hidden around. Extraordinary shopping, dining and entertainment facilities spread in an ever- increasing circle, from Gasworks plaza through the lively Valley and bustling Chinatown, right into the CBD core. Emporium - 100m Waterloo - 100m gasworks - 500m James St Precinct - 500m china Town - 800m Fortitude valley bar Precinct - 700m Powerhouse - 1km Brisbane CBD - 2km Proposed Strata is $906.50 per quarter. See the latest updated pictures for progress - property is now being painted and carpet will shortly be installed and unit cleaned.

Property History for 517/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$655,000
25 Aug 2021
Listed for Rent
$600/w
07 Jan 2017
  • 25 Aug 2021
    Sold for $655,000
  • 28 Jul 2017
    Sold for $585,000
  • 11 Mar 2017
    Listed for Sale Not Disclosed
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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 5,788 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 29 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 378 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.