Thinking about buying in Newstead? Now could not be a better time, with 629 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $652,000 with prices in this suburb ranging from $151,000 to $1,962,000. The aproximate distance to the coast is 104 Km.

Newstead Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Newstead driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Newstead are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Newstead classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Newstead requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Newstead

	unit 603, 19 masters st, newstead, qld, 4006	1	1	1	Under Contract
	unit 105, 45 newstead tce, newstead, qld, 4006	3	2	2	3800000
	unit 610, 12 cunningham st, newstead, qld, 4006	1	1	1	550000
	unit 1105, 10 stratton st, newstead, qld, 4006	2	1	1
	unit 1097, 12 longland st, newstead, qld, 4006	2	2	1	1000000
	unit 308, 42 wyandra st, newstead, qld, 4006	2	2	1	770000

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General Points of Interest

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