509/14 Ella Street, Newstead QLD 4006

509/14 Ella Street, Newstead QLD 4006
2 bed 2 bath 1 car | 2019 build | flood overlay detected | premium rooftop amenity | strong inner-city demand This apartment was built within a completed 2019 development, and a configuration of two bedrooms, two bathrooms, and one secure car space is offered. The property is positioned in Newstead’s premium apartment precinct, where modern high-density living is found. A courtyard, ducted cooling, and built-in robes are provided for practical comfort, while the building’s rooftop pool, gym, and concierge are shared as lifestyle amenities. This property is best suited to those seeking a lock-up-and-leave residence with strong rental potential, including owner-occupiers, investors, and downsizers. The detected flood overlay may be a factor in insurance and finance assessments, and its influence on long-term value should not be overlooked. Building density and ongoing body corporate fees might be weighed in affordability assessments, while the apartment’s finishes and layout could be viewed as supporting price stability. Buyers are advised to consider these elements carefully alongside the current market context.
Detailed Independent Property Report prepared  by PropCred Analyst team for 509/14 Ella Street, Newstead QLD 4006
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
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: 509/14 Ella Street sold $1.10m Aug 2025 | Listed Price Band: $1.1M–$1.2M | Value Indicator: condition, layout, flood overlay

Bedrooms

2

Bathroom

2

Parking

1

Land

937m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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