550/1 Newstead Terrace, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

550/1 Newstead Terrace
Newstead QLD 4006

Bedrooms: 4
Bathrooms: 3
Car spaces: 4
Floor area: 509m2
Land area: 509m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 May 2026
Low

High
Save

Property Details for 550/1 Newstead Tce, Newstead

550/1 Newstead Tce, Newstead is a 4 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 2011. The property has a land size of 509m2 and floor size of 509m2. While the property is not currently for sale or for rent, it was last sold in July 2013.

Building Type
Unit
Year Built
2011
Floor Size
509m2
Land Size
509m2
Local Government
Brisbane
Lot/Plan
550/SP214133

Last Listing description (June 2013)

The hallmark of real estate excellence
This is one of your last opportunities to secure a penthouse apartment at Brisbane???s most enviable riverfront address and the jewel in Mirvac???s crown.
Located on 250 metres of tranquil Brisbane riverfront only 2km from Brisbane CBD, Pier at Waterfront beckons those who are ready to reward themselves with a suburb lifestyle choice and a home for life.

Penthouse 550, has a north-east aspect with panoramic views across the river, over to Hamilton Hill and back towards the city skyline. Located on Level 5 of the Pier South building, this penthouse is surrounded by water on one side and hectares parkland and lake to the rear. This tranquil pocket within Newstead is the perfect retreat; it's easy to forget how close you are to the hustle and bustle of nearby lifestyle precincts of Teneriffe, Newstead, the Valley and the CBD. Quite simply, there is no other address in Brisbane that can match the lifestyle amenity of Waterfront.
The exceptional location of Pier deserves interiors of equal distinction and penthouse 550 sets the benchmark. Direct lift access to your private lobby, ensures your guests are impressed from the moment they enter this remarkable residence. As the lift doors part you're greeted by uncompromised quality and sheer luxury.
The huge galley style kitchen is perfect for entertaining and the full-sized butler???s pantry hides any preparation work taking place. The kitchen features fully integrated appliances including refrigerator, freezer, dishwasher, steam oven, coffee machine and zip tap.
The formal living space includes a spacious living room that opens directly onto the large balcony and BBQ area. Electric blinds and glazing spanning the width of the room integrates this formal area with the breathtaking views and riverside ambience. A degree of separation is created between with the formal dining area by the gas fireplace controlled by the home automation systems which also manages lighting, security, zoned ducted air conditioning, and music.
The opulent master suite is a retreat in itself. Tucked away privately from the other bedrooms, this is an area that is sumptuous and relaxing. The enormous walk-in-wardrobe and dressing room is the size of most bedrooms, complete with full joinery fit out and cushioned seats. Following on from the WIR is the ensuite featuring natural stone walls complete with full sized bath, double vanity, shower, toilet and bidet.
This home also features a private home office, separate media room, climate controlled wine cellar and laundry complete with its own drying courtyard. All remaining bedrooms are to the rear of the apartment and feature lake and parkland views.
World class resident facilities include:
??? 5 star concierge service
??? Lavish lounge & boardroom with kitchen for catering
??? 2 heated recreation & lap pools
??? 2 fully equipped gymnasiums
??? Treatment room available for mobile therapists
??? Connection to Brisbane Riverwalk for cycling, jogging & walking
??? Boutique riverside cafe on the ground floor of Pier South
??? CCTV with full building security located throughout
??? Pets welcome on application
This penthouse has been styled by renowned interior designer Tonie Robertson and Mirvac invites you to inspect this enviable home and its gracious styling while it???s still available.
Arrange your private viewing with our Waterfront sales team.
Visit the Waterfront Sales Centre open daily from 10am to 5pm
43 Evelyn Street, Newstead.
www.pierbymirvac.com.au

Property History for 550/1 Newstead Tce, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$5,300,000
31 Jul 2013
  • 31 Jul 2013
    Sold for $5,300,000
  • 16 Apr 2013
    Listed for Sale 6500000
Commute Calculator

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 5,925 properties. Over the last 5 years, Houses in Newstead have seen a -2.13% decrease in median value, while Units have seen a 89.29% increase. As at 31 March 2026:

  • The median value for Houses in Newstead is $963,396 while the median value for Units is $1,068,552.
  • Units have a median rent of $790.
There are currently 32 properties listed for sale, and 5 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 400 properties were sold in the past 12 months in Newstead.

Suburb Insights for Newstead 4006

Market Insights
Newstead Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Newstead Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.