8 Austin Street, Newstead, QLD 4006 | Property Value & History | OnTheHouse
 
OFF MARKET

8 Austin Street
Newstead QLD 4006

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2024m2
Land area: 506m2
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Property Details for 8 Austin St, Newstead

Building Type
Commercial
Floor Size
2024m2
Land Size
506m2
Local Government
Brisbane
Lot/Plan
95/RP9348

Last Listing description (June 2020)

Baker Property is pleased to present 8 Austin Street, Newstead to the market For sale via Offers to Purchase.

This freestanding building offers the option to invest, occupy, refurbish or redevelop and provides the ideal blank canvass for a wide range of options (STCA). The property currently provides a holding income with flexible lease terms and offers the following key features.

- Building area 490sqm*

- Land area 506sqm*
- Great internal height throughout
- Exposed hardwood timber beams
- Value-add/ future development upside
- Located just minutes away from the Gasworks Newstead
- Currently leased providing a holding income with flexible terms
- Potential to occupy, refurbish into a creative space or redevelop (STCA)
*approximate.

For more information or to arrange an inspection, contact the Exclusive Agents Baker Property.

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Property History for 8 Austin St, Newstead, QLD 4006

A timeline of how this property has performed in the market
Last Sold
$1,584,000
12 Aug 2018
Listed for Rent
24 Nov 2015
  • 12 Aug 2018
    Sold for $1,584,000
  • 21 Jun 2018
    Listed for Sale Contact Exclusive Agents
  • 03 Sep 2015
    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 5,761 properties. Over the last 5 years, Houses in Newstead have seen a -33.59% decrease in median value, while Units have seen a 83.73% increase. As at 31 December 2025:

  • The median value for Houses in Newstead is $680,976 while the median value for Units is $996,300.
  • Houses have a median rent of $770 while Units have a median rent of $795.
There are currently 15 properties listed for sale, and 9 properties listed for rent in Newstead on OnTheHouse. According to Cotality's data, 396 properties were sold in the past 12 months in Newstead.

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