105/1 Ella Street, Newstead QLD 4006
105/1 Ella Street, Newstead QLD 4006
105/1 Ella Street, Newstead is a 3-bedroom, 2-bathroom townhouse in a 2005-built complex, with 120 m² internal area, 166 m² land size reported by some portals, and 2 car spaces / 1 car space reported inconsistently across sources. The property was listed for sale as a townhouse in Newstead.
3-bed townhouse | rare in Newstead | private courtyard + balcony | 2005 build | two levels
The property’s three-bedroom townhouse configuration is relatively uncommon in Newstead, where high-density apartments dominate. Its private courtyard and balcony provide valuable outdoor space, and the two-level layout offers separation more typical of houses. Private street access and an on-site manager enhance convenience. This property is well-suited to owner-occupiers seeking inner-city walkability with house-like features, downsizers wanting low-maintenance space, or professionals prioritising access to James Street and transport nodes. The 2005 construction places it in an established development wave, which may appeal to those wary of newer tower constraints.
The inconsistent parking allocation reported across sources might affect buyer consideration, as off-street parking is valued in this area. Its townhouse format, while desirable, means direct comparable sales are limited, which could influence valuation. The strata-managed title and on-site manager may introduce ongoing levies that need assessment. The property’s age, at around 21 years, may require some maintenance attention but avoids premium attached to brand-new builds. These factors should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 105/1 Ella Street, Newstead QLD 4006
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
2
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Market Insight
Newstead is a modern, upmarket suburb positioned close to the Brisbane CBD, attracting a young professional demographic. Demand is primarily driven by couples without children, fueling a particularly strong unit market with significant recent price growth. While the house market shows stable but modest growth with high rental yields, the unit segment exhibits robust demand and rising rents. Future growth is underpinned by its prime location and mixed-use zoning, though the market presents a divergence with a slower, lower-volume house sector compared to the dynamic unit market.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
2747m²
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