607/27 Commercial Road, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

607/27 Commercial Road
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 65m2
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Property Details for 607/27 Commercial Rd, Newstead

607/27 Commercial Rd, Newstead is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 65m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
Unit
Year Built
2016
Floor Size
54m2
Land Size
65m2
Local Government
Brisbane
Lot/Plan
607/SP273554

Last Listing description (January 2023)

It is easy to see why La Vida Apartments are an in-demand medium density complex in the heart of Newstead. The convenient location just 2kms from the Brisbane CBD and proximity to shopping, amenities and nightlife makes this a highly desirable lifestyle choice.

Positioned on the sixth level, the apartment has a good size all-weather balcony, with easterly aspect. The well configured design has open plan living to lounge, dining and kitchen space. Floor to ceiling sliding doors and ample windows generate abundant lighting and cross ventilation.

Whether you are an entertainer or just wish to kick back, the designer kitchen is a delight, with quality cabinetry, Ilve stainless steel appliances, stone bench tops and copious cupboard space.

The fabulous city and district views across to Teneriffe Hill are the perfect accompaniment to the outstanding facilities which include roof top pool, sauna, BBQ, sun lounge space and entertaining areas. The ground floor has commercial space including coffee shop, restaurant and gym.

NOTABLE FEATURES:
- 1 Bed, 1 bath, 1 car
- Zoned ducted air-conditioning with ceiling fans
- Spacious east facing balcony with district views
- Designer kitchen with Ilve appliances & gas cooktop
- Stone bench tops and storage space
- Tiled flooring to living, carpet to bedroom
- Plush bathroom with frameless shower screen
- Floor to ceiling sliding doors to balcony
- Beautifully appointed modernist foyer
- Internal space 54sqm, balcony 10sqm (total 64sqm)
- Secure allocated basement car space
- Superb roof top pool, sun lounge space and sauna
- Roof top BBQ and entertaining area
- Complex built in 2016, comprises of two towers
- Gasworks and James St shopping precincts nearby
- Shops, eateries and cinemas all within walking distance
- Close to transport (bus & ferry) and cycleways
- High frequency CityGlider bus service
- 2kms to Brisbane CBD

Currently leased until end of mid-Jan 2023. Ideal for investors looking for an investment opportunity to hold them in good stead now and into the future.

Newstead is a historic up-market inner city riverside suburb and is located just 2km from the CBD. The combination of the old and the new, the classic and the modern, gives this suburb an eclectic architectural mix. The nearby Gasworks retail hub and James St shopping and cinema precinct are extremely popular with residents and visitors alike.

This inner-city residence will tick all the boxes especially for buyers who are seeking a convenient location, striking views, spaciousness and a quality well managed building. A must inspect property!

Property History for 607/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$480,000
22 Nov 2022
Listed for Rent
$435/w
21 Dec 2018
  • 22 Nov 2022
    Sold for $480,000
  • 09 Nov 2022
    Listed for Sale High $400K
  • 15 Dec 2018
    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 5,759 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 19 properties listed for sale, and 3 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 398 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.