716/27 Commercial Road, Newstead, QLD 4006 | Property Value & History | OnTheHouse
OFF MARKET

716/27 Commercial Road
Newstead QLD 4006

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 63m2
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Property Details for 716/27 Commercial Rd, Newstead

716/27 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 63m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2016
Floor Size
88m2
Land Size
63m2
Local Government
Brisbane
Lot/Plan
716/SP273554

Last Listing description (February 2023)

La Vida Apartments are an in-demand complex in the highly sought after suburb 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 seventh level, the apartment has a good size all-weather balcony, with district outlook. 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.
The impressive kitchen design and fit-out is impressive with quality cabinetry, Ilve stainless steel appliances, stone bench tops and copious cupboard space.

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 (next door).
NOTABLE FEATURES:
- 1 Bed, 1 bath, 1 car
- Storage space/cage 2sqm (car park)
- Zoned ducted air-conditioning with ceiling fans
- Spacious balcony with sliding doors from living & bedroom
- Designer kitchen with Ilve appliances & gas cooktop
- Stone bench tops and storage space
- Tiled flooring to living, carpet to bedroom
- Floor to ceiling sliding doors to balcony
- Beautifully appointed modernist foyer
- Internal space 53sqm, balcony 10sqm (total 63sqm)
- Secure allocated basement car space
- Complex built in 2016, comprises of two towers
- Superb roof top pool, sun lounge space and sauna
- Roof top BBQ and entertaining area
- 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
The nearby Gasworks retail hub and James St shopping and cinema precinct are extremely popular with residents and visitors alike. Newstead is a historic up-market inner city riverside suburb with a thriving hub combining the old and the new.
Buyers looking for a supreme location in a highly desirable suburb need look no further. Park the car and walk to everything. A must inspect property!

Property History for 716/27 Commercial Rd, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$475,000
06 Jan 2023
  • 01 Feb 2023
    Listed for Sale Offers over $480,000
  • 06 Jan 2023
    Sold for $475,000
  • 22 Apr 2016
    Sold for $414,000
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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, 379 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.