609/16 Masters Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

609/16 Masters Street
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 60m2
Land area: 72m2
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Property Details for 609/16 Masters St, Newstead

609/16 Masters St, Newstead is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2015. The property has a land size of 72m2 and floor size of 60m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2015
Floor Size
60m2
Land Size
72m2
Local Government
Brisbane
Lot/Plan
609/SP267641

Last Listing description (April 2021)

If it's a convenient and lavish lifestyle you're after, look no further than Lumira Apartments. Positioned in the heart of Newstead, there is nothing that isn't within arm's reach. The Gasworks precinct, Brisbane River, New Farm Park, Powerhouse and James Street are all easy walking distance from this stylish apartment.Established in 2016, this spacious one bedroom apartment has a lot to offer. The elegant kitchen features a waterfall stone bench-top, equipped with European appliances and a gas cooktop to facilitate to all your cooking needs. Leading out to the open plan living and dining area that flows onto your enclosed balcony is perfect for entertaining guests. If it's a larger scale of people you are wanting to host, feel free to make your way up to the rooftop BBQ area to entertain under the stars. The spacious bedroom offers an abundance of storage space, with built-in mirrored robes leading to your bathroom that has dual access from the lounge and bedroom. Not to mention this is only one of very few one bedroom apartments in the building that offers TWO car spaces and it's own private storage room that is conveniently located outside your front door.Property Summary: - One large bedroom with built in robes, direct access to the bathroom and balcony - Spacious and private enclosed balcony- Contemporary kitchen with a gas cook top and ample storage- Separate laundry - Spacious storage room - Two secure car spaces- Great onsite management - Communal roof top BBQ area with City views609 Lumira is perfect for owner occupiers and investors alike, there is no doubt that this is a great investment with the high demand of young professionals looking to move into the area.To arrange a private inspection, please contact Dimitri Manolis or Jacob Shaw.

Property History for 609/16 Masters St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$487,500
19 Dec 2021
Listed for Rent
02 Jun 2017
  • 19 Dec 2021
    Sold for $487,500
  • 07 Sep 2020
    Listed for Sale FOR SALE
  • 18 May 2017
    Listed for Rent $425 / week
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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.

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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.