702/16 Masters StreetNewstead QLD 4006
Property Details for 702/16 Masters St, Newstead
702/16 Masters St, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 89m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in September 2016.
Last Listing description (October 2016)
This near new 6 month old unit is set in an unrivalled location with every convenience at your doorstep offering an ideal home or investment in a prime lifestyle location. Stunning interiors have been meticulously designed to perfection and open plan living spaces make this an easy decision to purchase. Enjoying a superb 7th floor perfect North East position with sweeping suburban views, it will be hard not to fall in love with this apartment.
- Generous 88sqm total living area
- Two luxurious bedrooms and bathrooms, main bedroom with walk in robe, ensuite and direct access to the balcony
- Dedicated, in built study nook
- Ducted & zoned air conditioning throughout the entire unit
- Separate 3 x 3 carpeted storage room on the same floor
- Engineered wooden floorboards throughout living areas and kitchen
- Floor to ceiling tiles throughout both bathrooms
- Residents exclusive use rooftop communal & BBQ area with stunning city views
Set just 3kms from Brisbane CBD, and less than 300 metres to Newstead s Gasworks, you are perfectly positioned in the heart of this connected, bustling suburb. Experience the diverse range of what Newstead and Teneriffe has to offer - take advantage of the CityCat on the weekend, sprawling stretches of cafes and water-front restaurants, or spend the morning strolling along the Newstead Bikeway.
- 3 mins walk to Gasworks
- Close proximity to New Farm, Teneriffe
- 10 mins walk to over 200 cafes, restaurants and bars
- Currently tenanted until March 2017 receiving $600 per week
- Body corporate fees approx. $880 p/q
Property History for 702/16 Masters St, Newstead, QLD 4006
- 05 Sep 2016Sold for $600,000
- 12 May 2016Listed for Sale Not Disclosed
- 08 Oct 2014Sold for $602,500
Recent sales nearby
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0About 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.
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