Local Government Authority

Brisbane

Location

3.5km east of Brisbane CBD

Features

Newstead House.

Like its neighbouring suburbs of New Farm and Fortitude Valley, Newstead has undergone huge transformations over the last decade; it's now one of Brisbane's most expensive suburbs.

Once known for its light commercial activity in the Teneriffe precinct, Newstead has developed a trendy, cafe character with the sale and redesign of the old Woolsheds into upmarket apartments and older homes in the area being renovated.

The suburb is also home to the landmark Newstead House, which is located at the mouth of Breakfast Creek on the Hamilton Reach of the Brisbane River. Its beautiful gardens form the basis of Newstead Park and attract visitors from around Brisbane.

In keeping up with the demand for housing in the area, Newstead's community facilities have developed accordingly and now include cafes, restaurants, and small retail complexes. Also close by is the Powerhouse Theatre in New Farm.

Newstead has excellent public transport facilities including the CityCat ferry service at the end of Commercial Road and two other terminals, in neighbouring New Farm. This ferry service, introduced by the Brisbane City Council in late 1996, has proved enormously beneficial for local residents.

Residents are close to other recreational areas including New Farm Park, which is a popular Sunday afternoon destination for many inner Brisbane residents and the Perry Park sports ground in Bowen Hills. Appealing to the young singles and couples, Newstead has experienced enormous price growth over the last five years.

The popularity of the suburb and its large rental population has also encouraged property investors to buy into the suburb.

Source: REIQ

Click here to return to the main page

 

View Larger Map

Have a Newstead property manager contact you about renting a property in Newstead
Click here

 

Have a Newstead real estate agent contact you about buying a property in Newstead
Click here