56 Commercial Road, Newstead, QLD 4006 sold on 01 July 2025 | OnTheHouse
 
SOLD
Sold on 01 Jul 2025 for $5,400,000

56 Commercial Road
Newstead QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: 1
Floor area: 88m2
Land area: 447m2
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Property Details for 56 Commercial Rd, Newstead

Building Type
Commercial
Floor Size
88m2
Land Size
447m2
Local Government
Brisbane
Lot/Plan
126/RP74699

Last Listing description (December 2018)

RENT REDUCED to meet the market.
First time offered in over 15 years. A very prominent location in NEWSTEAD, the most progressive suburb in Brisbane.
Facilities include shower, separate enclosed 6 metre X 4 metre retreat or office, 2 separate large open plan office areas cabled and air-conditioned.

* 112 sqm of office on first level with separate front entry from a very
active strip of Commercial Road
* Outstanding signage capability to the front and side of the building
* Central to a high level of local amenity
* Same tenant has been on site for the last 15 years
* Retail usage properties on either side
If you need your business name to be noticed, this location will do it for you (look at the view from the front window) being in the centre of the highly active Commercial Road Precinct
For further details or to arrange an inspection please call the EXCLUSIVE AGENT City Commercial R E

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Property History for 56 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$5,400,000
01 Jul 2025
Listed for Rent
08 Mar 2019
  • 01 Jul 2025
    Sold for $5,400,000
  • 22 Jun 2017
    Listed for Rent - Price not available
  • 27 Nov 2014
    Sold for $1,900,000
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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 10 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 389 properties were sold in the past 12 months in Newstead.

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