601/16 Masters Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

601/16 Masters Street
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 80m2
Land area: 90m2
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Property Details for 601/16 Masters St, Newstead

601/16 Masters St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 90m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2016
Floor Size
80m2
Land Size
90m2
Local Government
Brisbane
Lot/Plan
601/SP267641

Last Listing description (October 2024)

Introducing 'Lumira,' an extraordinary contemporary building that epitomises value and impeccable quality. Nestled on level 6 within the vibrant neighborhood of Newstead, this architectural masterpiece is just a stone's throw away from Gasworks Plaza, offering an abundance of amenities such as caf?s, restaurants, trendy shops, and convenient public transport options. Experience the essence of urban living at its finest, with 'Lumira' presenting an exceptional selection for those seeking to embrace and thrive within a dynamic ambiance. These apartments are very tightly held, so it's an exciting opportunity to bring this 87.50sqm 2 bedroom, 2 bathroom apartment to the market.

Prepare to be captivated by this apartment, designed to provide an idyllic setting for both relaxation and socialising. The well-appointed kitchen features Bosch appliances, ample storage options, and an expansive countertop area that inspires culinary creativity. Opening onto a balcony, it invites refreshing breezes and the beauty of nature to infuse the space, creating a seamless indoor-outdoor flow. This apartment boasts two generously sized bedrooms, including a master bedroom with an ensuite, single sided walkthrough robe with plenty of storage space that flows through to the ensuite.

Property Features:

- The Spacious master bedroom boasts a single side walk-through robe, ensuite, abundance of natural light, refreshing breezes and direct balcony access
- Open lounge/dining area
- Ducted & zoned air conditioning and ceiling fans throughout
- Sizable 14SQM second bedroom with built-in robe and natural light
- Well finished peninsula style kitchen completed with Bosch stainless steel appliances, gas cooktop, soft close draws & 40mm waterfall stone benchtops
- Modern bathrooms complete with floor to ceiling tiles & oversized shower
- Ample storage space throughout
- Internal Laundry
- Study nook
- Onsite management
- Extensive security throughout
- Level 6
- School catchments include New Farm State School, Fortitude Valley State Secondary College & Kelvin Grove State College
- Lift in the building
- Rooftop with city views and BBQ area

Location Snapshot
- 230m to Gasworks Plaza
- 290m to Commercial Rd Bus Stop
- 290m to Woolworths Newstead
- 850m to James Street Market
- 1.6km to Fortitude Valley Station
- 1.7km to Howard Smith Wharves
- 14.7km to Brisbane Airport

If you would like to know more about this property, please reach out today.

Property History for 601/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$681,000
27 Oct 2023
Listed for Rent
$510/w
03 May 2016
  • 27 Oct 2023
    Sold for $681,000
  • 07 Jul 2023
    Listed for Sale For Sale!
  • 21 Apr 2016
    Listed for Rent - Price not available
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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 -43.32% decrease in median value, while Units have seen a 79.99% increase. As at 30 November 2025:

  • The median value for Houses in Newstead is $614,474 while the median value for Units is $981,655.
  • Houses have a median rent of $775 while Units have a median rent of $780.
There are currently 13 properties listed for sale, and 7 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 407 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.