photo of buildings near river

Newstead is a riverside suburb of Brisbane, located 3 km north of the central business district (CBD). The north-west area, centered on Breakfast Creek Road, is mostly commercial, while the rest is largely residential.

Looking at Newstead now as an up-market residential suburb, it’s hard to believe that it has an industrial part. Its former economy largely relied on timber yards, asbestos works, wharves and wool stores. Today, the suburb is home to chic restaurants and cafes, upmarket studio apartments and beautifully renovated older homes.

Newstead may be small but it is transforming into an upscale riverside suburb that is attractive to all age groups and social marital status.

Do you have a fully-furnished property in Newstead?

Air-rive is looking for owners of fully-furnished property who would like to list their home in the online accommodation platform Airbnb. We will act as the host for your property on your behalf.

Air-rive offer property management services for exclusive short-term accommodation options. As your host, we will take care of managing your property while you sit back and watch your investment prosper. For owners, we guarantee that your home and furnishings are being cared for and handled with utmost respect.

What can you expect from us? We will oversee every step of the property management process, from styling and marketing, communication and greeting of your guests, and hiring cleaners.

Join us and let us play as your Perfect Host, so you can relax and experience the pleasure of being an owner of an Airbnb property.

Suburb overview

The streets of Newstead are very quiet and leafy, but it belies the hidden fun and excitement that you can experience there.

Newstead is a hip and cool neighbourhood where cool craft beer and live music are one of the backbones of its entertainment scene. A few recommendations include Newstead Brewing Co for beer and pub-style food, Range Brewing for small-batch drops and sourdough pizza, and Green Beacon for a variety of brews and rotating food trucks.

For live music, check out The Triffid, which was a hangar in the past, often features top international artists.

You also don’t want to miss the Gasworks retail and dining precinct, where you will find trendy restaurants and vars, and the Breakfast Creek Hotel, which is famous for its classic pub steak. Like other Brisbane suburbs, Newstead also teems with history. Visit the majestic Newstead House, is the oldest surviving residence in all of Brisbane, and then take a breather with a picnic at Newstead Park by the river.

Indeed, the popular travel guide company, Lonely Planet, judged Newstead as one of the three coolest suburbs to visit in Australia.

Surrounded by Tenerife, New Farm and Fortitude Valley, Newstead enjoys proximity to Brisbane’s most famous retail and cultural centres, including James Street, Emporium and Chinatown.

Going around Brisbane from Newstead is easy with the array of public transport available like bus and train services, City Cat and Cross River Ferry and CityCycle. In 10 minutes you will arrive at Brisbane’s international and domestic airport terminals, making interstate and international travels very accessible.

Market Data

Newstead Table

Demographics

  • Population: 2,193
  • Median age: 35
  • Families: 520
  • Average children per family: 1.4
  • All private dwellings: 1,566
  • Average people per household: 1.8
  • Median weekly household income: $2,253
  • Median monthly mortgage repayments: $2,383
  • Median weekly rent: $475

Dwelling structure

  • Flat, unit or apartment: 96.7%
  • Semi-detached, row or terrace house, townhouse: 2.3%
  • Separate house: 0.8%

Tenure type

  • Rented; 52.3%
  • Fully owned: 26.8%
  • Being purchased: 20.9%

Recommended for

  • Clean and green environment
  • Eating out
  • Neighbourly spirit
  • Peace and quiet
  • Resale or rental value

People living here

  • Professionals
  • Singles
  • Families with kids
  • Retirees

The dwelling type in Newstead is mostly flats, units or apartments, and the dominant tenure type is rented. If you own a fully furnished apartment, flat, or unit that you want to turn into an investment, consider turning it into an Airbnb property.

If you are ready to entrust your investment property to the capable hands of the property managers at Air-rive, contact us and let us talk about how we can help you maximize your rental income.