706/27 Commercial Road, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

706/27 Commercial Road
Newstead QLD 4006

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 89m2
Land area: 103m2
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Property Details for 706/27 Commercial Rd, Newstead

706/27 Commercial Rd, Newstead is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 103m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2016
Floor Size
89m2
Land Size
103m2
Local Government
Brisbane
Lot/Plan
706/SP273554

Last Listing description (March 2026)

Enjoy the best of Newstead living in this modern two-bedroom, two-bathroom apartment, ideally positioned on the north-east corner of the 7th floor in the highly sought-after La Vida building. Its elevated corner position fills the apartment with natural light, with a spacious open-plan living and dining area flowing onto a generous balcony capturing expansive views. Floor-to-ceiling windows enhance the bright and airy feel throughout.

The well-designed floorplan offers excellent separation between the two bedrooms. The master bedroom features a walk-through robe, private ensuite and direct balcony access, while the second bedroom includes a built-in wardrobe and is positioned beside the main bathroom. Ducted air conditioning with three zones ensures year-round comfort.

The galley kitchen is well appointed with integrated appliances including a fridge, microwave, dishwasher and oven, along with ample preparation and storage space.

Residents of La Vida enjoy secure entry, lift access, on-site management, basement parking and a rooftop recreation area featuring a pool, sauna and BBQ facilities with views towards the CBD.

Property Features:
- North-east corner position on the 7th floor
- Master bedroom with walk-through robe, ensuite and balcony access
- Second bedroom with built-in robe and custom electric blinds
- Open-plan living flowing to balcony with expansive views
- Galley kitchen with integrated Ilve appliances
- Ducted air conditioning (three zones)
- Secure car space with two storage cages
- Body Corp fees are very affordable at $5,789.30 pa.

Ideally located, the apartment is just a short stroll to the vibrant dining precincts of Teneriffe, the renowned James Street precinct, and the Gasworks precinct in nearby Newstead, placing some of Brisbane's best lifestyle destinations right at your doorstep.

*Every care and due diligence has been taken in the preparation of this listing. The agency and owner assume no responsibility for the accuracy of the content, and encourage all prospective buyers to conduct their own research.

Property History for 706/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$772,000
28 Apr 2023
Listed for Rent
$615/w
28 Feb 2019
  • 17 Mar 2026
    Listed for Sale Offers Over $1,100,000
  • 28 Apr 2023
    Sold for $772,000
  • 21 Feb 2023
    Listed for Sale Under Contract
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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 5,788 properties. Over the last 5 years, Houses in Newstead have seen a -30.75% decrease in median value, while Units have seen a 84.19% increase. As at 28 February 2026:

  • The median value for Houses in Newstead is $694,418 while the median value for Units is $1,045,442.
  • Houses have a median rent of $755 while Units have a median rent of $800.
There are currently 29 properties listed for sale, and 10 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 378 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.