802/16 Masters St, Newstead is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2015. The property has a land size of 93m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in June 2016.
Newstead Realty is proud to present to the market this immaculately furnished two bedroom apartment in the Lumira development in the increasingly vibrant suburb of Newstead.
Situated on Masters Street just 2km from the CBD and within walking distance to the Gasworks precinct, local amenities, and public transport, this property is perfect for a professional looking for lifestyle and convenience at their door step.
Positioned on the top floor of the Lumira building the apartment exudes luxury, class and elegance. Beautifully furnished by the owner, no expense has been spared here.
Features include;
- 2 bedrooms.
- 2 bathrooms.
- Fully furnished.
- Single car space in secured parking.
- Open plan kitchen, living and dining area.
- Kitchen has a waterfall stone bench-top, European appliances, gas cooking and a dishwasher.
- Ducted air-conditioning throughout.
- Wooden flooring throughout the living area and kitchen.
- Ceilings fans in the living area and bedrooms.
- Master bedroom has a walk in robe and en-suite bathroom.
- Dedicated study nook.
- Good sized balcony.
Complex features include;
- Rooftop terrace.
- BBQ area.
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:
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