Newstead, QLD
Find the latest property data and property news available for the suburb of Newstead, plus mapping tools and demographic information. If you are thinking of selling, buying, or investing in property in Newstead, then our suburb snapshot is crucial reading. Property price and rental data for the suburb of Newstead is provided by RP Data.
News
Metro’s $80 million The Plaza at South Brisbane, was the number one performer in Brisbane, achieving 57 unconditional sales for the final quarter of 2012.
Residential developer Devine Limited (ASX: DVN) will commence construction on its $58 million, 111-apartment DoubleOne3 project in February after achieving strong off the plan sales worth more than $37 million.
Households in Dutton Park, about 4 kilometres south of the Brisbane CBD, earn around $4,500 per month and spend nearly $2,200 dollars on servicing their mortgage.
Suburb Snapshot
Houses
| Median sale price | $927,500 |
| Change in median price in last year | -19.3% |
| Change in median price in past five years | -24.6% |
| Average discount | -8.9% |
| Average time on market | 80.1 |
| Average hold period | 12.4 |
| Median price for houses over $750k | $1,040,000 |
| Median asking rent | $823 |
| Indicative gross rental yield | 4.6% |
Units
| Median sale price | $560000 |
| Change in median price in last year | 3.7% |
| Change in median price in past five years | 14.3% |
| Average discount | -7.1% |
| Average time on market | 104.5 |
| Average hold period | 6.9 |
| Median price for units $350k to $750k | $530,000 |
| Median price for units over $750k | $880,000 |
| Median asking rent | $538 |
| Indicative gross rental yield | 5.0% |
Need more information?
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