Newstead Series Brisbane, Australia

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Description

2km from Brisbane CBD
Unobstructed view of the Brisbane River
Walking distance to train station & bus stop
Strong investment indicators

Luxuriously Appointed Waterfront Apartments

Positioned on the corner of Evelyn and Austin Streets, just five minutes to Brisbane’s CBD and mere metres away from the gorgeous Brisbane River, Newstead Series is an exclusive development of 1- and 2-bedroom luxuriously appointed apartments and townhouses at the heart of Brisbane’s trendiest suburbs.

Newstead embodies all the characteristics of a prospering suburb: a burgeoning population, infrastructure upgrades and proximity to expanding employment nodes. By 2031, 20,297 new residents are expected to call Newstead home — nearly half of which will be young professionals seeking rental accommodation with good links to their workplaces in Newstead and the CBD.

Newstead Series is surrounded by green parkland, wide tree-lined boulevards and is within walking distance of the Bowen Hills Train Station and several bus-stops and easy reach of the Royal Brisbane & Women’s Hospital, banks, supermarkets, schools and tertiary institutions such as University of Queensland, Griffith University and Queensland University of Technology.

*****Prices from A$440,000*****

Investment Highlights (Newstead catchment)

-Median price increase of >5% p.a. for new property
-Median price increase of nearly 7% for resale stock
-23% premium in median weekly rents over Brisbane City as at March 2015
-Population to grow by 20,297 new residents from 2014 – 2031 (data from ABS & Queensland Office for Economic & Statistical Research)
-Over A$14 billion infrastructure recently or under construction to benefit the area
-More than 25,000 new jobs anticipated by 2031 & upwards of 25,000

Newstead Series Property Features

-Car parking
-Unobstructed views of the river
-Island benches in kitchens
-European gas cook tops & stainless steel European appliances
-Integrated storage design
-Communal facilities: Swimming pool, landscaped gardens, sauna, BBQ & recreational areas

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