2124/48 Skyring Terrace, Newstead QLD 4006

2-bed, 1-bath apartment in Newstead | Flood overlay noted | Sold Dec 2025 for $950k | Compact floorplan under 80 sqm This apartment offers a straightforward inner-city configuration that suits owner-occupiers and investors focused on Brisbane’s urban core. Its location within Newstead provides strong connectivity and access to established school catchments, which supports ongoing demand from professionals and downsizers. The compact 2-bed, 1-bath layout is less amenity-rich than newer premium stock, but remains functional for couples or small households seeking a foothold in this precinct. The flood overlay detected for this property may affect insurance costs and buyer perception, though it is common in Brisbane’s riverside areas. The mixed size signals suggest the internal area could be on the smaller side, which might limit its appeal compared to larger two-bedroom units nearby. Buyers should weigh these factors against the property’s connectivity advantages and recent sale price when forming a view on value.