1/51 Mckellar Rd, Newstead is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 82m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
What a great addition or starter for your investment portfolio! This spacious, renovated two bedroom unit takes prime location with excellent furnishings. Offering all day sun through large glass windows with lovely park views, extremely quiet, great off-street parking including carport and a lovely large rear grassed sitting area that is also well fenced and private. All this is only a short stroll to shops, supermarket, Newstead park reserve (opposite) and public transport. Also for those who are looking for a unit for elderly family members, the bathroom has been extensively modified with a disability shower and hand rails. The living area has a near new Daikin inverter for all their heating and cooling needs. Added to this is an inexpensive body corporate of $381.58 per year (2014) covering building insurance and public liability. This great unit is all ready to go, and would suit a large list of tenants including elderly couples, pensioners, singles, small families, young couples, people with a disability or retirees.
The size of Newstead is approximately 3.9 square kilometres. It has 8 parks covering nearly 15.1% of total area. The population of Newstead in 2016 was 5366 people. By 2021 the population was 5617 showing a population growth of 4.7% in the area during that time. The predominant age group in Newstead is 10-19 years. Households in Newstead are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation.In 2021, 66.20% of the homes in Newstead were owner-occupied compared with 64.40% in 2016.
Newstead has 2,759 properties. Over the last 5 years, Houses in Newstead have seen a 52.53% increase in median value, while Units have seen a 42.78% increase. As at 30 November 2025:
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