410/70 Longland Street, Newstead QLD 4006
410/70 Longland Street, Newstead QLD 4006
Premium 2018-built apartment | Large 112–113m² two-bedroom layout | Two-car parking in inner-city Newstead | Resort-grade amenities with pool and gym | Flood overlay noted.
This unit holds a genuine competitive edge in Newstead’s apartment market through its combination of generous floor area, dual bathrooms, and the rare provision of two side-by-side car spaces. The 2018 construction date means modern finishes, ducted air-conditioning, stone benchtops, and an open-plan kitchen with island bench—features that older stock in the suburb simply cannot match. The building’s amenity package, including a heated pool, yoga terrace, and gym, positions it well above typical investor-grade apartments in the area. It serves owner-occupiers seeking inner-city convenience without sacrificing space, as well as downsizers wanting premium comfort near the Gasworks precinct, James Street, and the CBD.
The flood overlay on the property record is the primary factor that may temper buyer enthusiasm, though its practical impact depends on the unit’s elevated floor level. Body corporate costs near $6,700 annually are a real holding cost that should be weighed against the lifestyle and rental potential. The heritage overlay around the gasworks precinct could also limit any future site changes, but this rarely affects individual apartment values directly. Rental demand appears strong, with comparable units achieving $950–$1,000 per week, suggesting solid income potential for investors. Buyers should confirm the specific floor level and aspect for unit 410, as these details influence light, views, and ultimately price.
Detailed Independent Property Report prepared by PropCred Analyst team for 410/70 Longland Street, Newstead QLD 4006
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
2
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Market Insight
Newstead is a modern, upmarket suburb adjacent to Brisbane CBD, with mixed-use zoning shaping its residential-industrial character. Demand is driven chiefly by couples without children, who dominate rentals, drawn by proximity and lifestyle. The unit segment leads activity: 320 sales in the past year, annual price growth reported at 27.19%—though other sources cite 22.9% or -0.81%—and rents up 7.1%. House prices hold a $900,000 median with negligible 0.56% growth and just 59 sales, a thin, slower market. Homes sell in a median 20 days, faster than Fortitude Valley. Future growth rests on sustained unit demand and development density, yet conflicting growth data and low house turnover temper confidence.
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PropCred Estimated Value
Comparable Sales: 408/70 Longland Street sold Dec 2024 at $1.235M; 803/70 Longland Street sold Dec 2025 at $1.235M | Property Price Band: $1.2M–$1.3M | Value Drivers: floor level and aspect, two-car configuration, internal size and premium finishes
Bedrooms
2
Bathroom
1
Parking
1
Land
93m²
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