Residential $536,000 to $671,000 - New Apartment Unit
FIRST HOME BUYERS
10 Year Rental Gurantee
The Next Big Thing
According to the highly respected Urbis Report, “Newstead offers significant commercial, retail and leisure amenity within walking distance alongside the Brisbane River, and is set to benefit from a $2 billion urban renewal.”
Following New Farm and Fortitude Valley itself, Newstead is Brisbane’s next big thing.
In fact with median apartment prices 61 per cent higher than the Brisbane LGA, it has already begun to surpass many of its peers.
Even within its own postcode, and up against prestigious suburbs such as New Farm and Teneriffe, new apartments in Newstead are showing rental premiums between 31 and 34 per cent higher.
Newstead Central adjoins these major inner
New Farm is partly surrounded by the Brisbane River, with land access from the north-west through Fortitude Valley and from the north through Newstead.
At the 2011 Australian Census, the suburb recorded a population of 11,330.
It has the highest population density in Greater Brisbane with approximately 5,861.7 people per square kilometre.
Teneriffe was defined as a separate suburb in 2010, before which it was a locality of Newstead. The suburb was incorporated into Newstead in 1975.
The 2011 Australian Census recorded 4,699 residents in Teneriffe.
Bowen Hills is located 3 kilometres northeast of the Brisbane CBD and is undergoing a major regeneration program that will provide 9 new community precincts designed to possibly make it a new northern CBD gateway to Brisbane.
At the 2011 Australian Census, the suburb had a population of 1,744.
Flourishing Fortitude Valley is located just 1.5km to the Brisbane CBD. It ranks as the fourth most affordable apartment market within the 21 suburbs that make up the inner-city.
The 2011 Australian Census recorded 5,615 residents in The Valley. The median/average age of the Fortitude Valley population is 31 years of age, 6 years below the Australian average.