602/16 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 89m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in May 2014.
This lovely two bedroom apartment has the perfect North East position. Light, airy and with a huge entertainers kitchen and spacious lounge and dining area, this apartment offers the best of the best. Low maintenance hard flooring in the kitchen/meals and living areas means no fuss when entertaining and no mess after your guests leave! Bedrooms are well appointed A/C, Ceiling Fans and Mirrored built-in robes - and located on opposite sides of the apartment for extra privacy. This apartment floorplan also has a neat study desk to keep your office out of the bedroom!
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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 5,761 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:
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