1154/12 Longland Street, Newstead QLD 4006
1154/12 Longland Street, Newstead QLD 4006
2 bed 2 bath 1 car | Sold $1.505m Sep 2025 | 8 year hold 8.95% growth | River views likely | Premium waterfront complex
This apartment sits at the upper end of its building with a confirmed sale price of $1.505 million and strong annual growth of nearly 9% over an eight year holding period. The 2 bed 2 bath 1 car configuration is the dominant owner occupier format in Newstead and this unit fits squarely into that mainstream premium bracket. The building is described as a waterfront complex with luxurious amenities and the unit number 1154 likely indicates a higher floor position with potential river views. This property serves affluent owner occupiers downsizers and investors seeking a high end inner city address with strong rental demand evidenced by comparable units in the same building achieving $1000 per week.
The rental yield for similar stock in this building sits in the mid to high 3% range which is reasonable for a premium inner city apartment but not exceptional. The 1.54 acre lot size refers to the entire development parcel not this individual unit so buyers should weigh the strata implications carefully. The building age and exact floor level are not confirmed from available data which may affect the final valuation. A strata report exists for the address and reviewing this document would clarify levy obligations and sinking fund health. The property may be priced at the top of its building segment so comparable sales within the complex and nearby should be examined closely before forming a price view.
Detailed Independent Property Report prepared by PropCred Analyst team for 1154/12 Longland Street, Newstead QLD 4006
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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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
2
Bathroom
2
Parking
1
Land
1.54 acres
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