162 Abbott St, Newstead is a 4 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 1960. The property has a land size of 683m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in March 2020.
These 2 x 2 bedroom 1960's low maintenance apartments would be a great addition to your rental portfolio!
Both apartments are curently tenanted until Mid December 2020 at $295pw and $315pw respectively.
The apartments boast a lovely outlook, looking across to the mountains and the gardens have had a total make over,which make for super easy care.
With Newstead being so handy to all the best Schools, 5 minutes into Town and only 10 minutes to the Airport, this property is definately worth an inspection!
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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