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QLD › Newstead › Festival Pl

U1203, 20 Festival Pl, Newstead QLD 4006

For saleApartment

$1,500,000

For sale

Asking

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,500,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,500,000(Listing record · 9 July 2026)
  • CalculationIf it leased at Newstead's advertised median rent ($726/wk), implied gross yield would be 2.52% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,500,000

Asking

No recorded sale for this property.

Newstead at a glance

9,248

People

No data

Median sale

$726/wk

Median rent

No data

Suburb gross yield

See the full Newstead report →

Total cost to purchase

Purchase Price
$1,500,000
Stamp Duty (Queensland)
$66,775
Transfer/Registration Fee
$6,394
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,576,869

$76,869 on top of the price (5.1% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Newstead's advertised median rent — not a rent for this listing.

Net yield
1.02%
Annual cashflow (pre-tax)
$-62,748
Interest cover (DSCR)
0.20
Annual rent
$37,752
Operating expenses
$22,500
Loan amount
$1,200,000
Annual interest
$78,000
Gross yield
2.52%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

For more information on this property, visit Queensland Globe↗.

Records

Property history

  1. Listed$1,500,000available9 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $726/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Newstead in one glance

Newstead at a glance

9,248

People

No data

Median sale

$726/wk

Median rent

No data

Suburb gross yield

See the full Newstead report →

Keep researching

  • Why Newstead? Read the area thesis →
  • What else is on the market in Newstead →
  • Other records on Festival Pl →

Listing material

Listed by CAVALE

A One-of-a-Kind Residence with Uninterrupted Views

A true one-of-one within the award-winning Luminare, Apartment 1203 brings together one of the building's most tightly held two-bedroom layouts with an extraordinary level of custom detail, technology and lifestyle amenity. Extensively upgraded with the ultimate home luxuries and inclusions, it is offered as a residence unlike anything else in the building.

Designed for effortless living, the apartment opens into a beautifully considered open-plan living and dining area, where floor-to-ceiling glazing draws in natural light and creates a seamless connection to the wintergarden balcony beyond.

The kitchen is refined, practical and quietly luxurious, appointed with stone benchtops, a generous breakfast bar, full-height joinery, integrated fridge/freezer, integrated dishwasher and premium Miele appliances. Further elevated by an upgraded granite composite sink, premium mixer tap, insinkerator and Buster + Punch feature lighting, the space feels tailored for both everyday living and effortless entertaining.

Read the full description

Flowing from the main living zone, the wintergarden balcony extends the apartment's sense of space and versatility. Designed as a true indoor-outdoor extension, it is enhanced by a Weber Genesis outdoor kitchen, made-to-measure wall-mounted outdoor bar bench with integrated fire pit, ceiling fan, and a striking green wall. Whether used for morning coffee, evening drinks or relaxed entertaining, this space delivers a rare level of lifestyle amenity within an apartment setting.

Throughout the residence, a series of custom upgrades create a level of finish rarely found in comparable apartments. A CTech Mirror smart home system, compatible with Apple HomeKit, integrates modern convenience into daily life, while Sonos in-ceiling audio to the living room, bathroom and balcony allows the home to shift seamlessly from calm retreat to entertaining space. Buster + Punch door hardware throughout and a Schlage electronic door lock further reinforce the apartment's considered, design-led edge.

The primary bedroom has been transformed into a bespoke private retreat, featuring a custom floor-to-ceiling upholstered headboard and bed base, complemented by custom bedside tables with integrated wireless phone charging. Mirrored joinery adds both polish and practicality, with dedicated storage for fragrances, jewellery and eight integrated watch winders.

The second bedroom is equally well-proportioned, complete with built-in storage and direct access to the bathroom, offering flexibility for guests, children, a home office or a more private secondary suite. The bathroom is finished with double mirrored vanity cabinetry, generous shelving and the added comfort of integrated Sonos audio.

Storage has been thoughtfully maximised throughout, with full-height joinery, generous pantry space, linen and broom cupboards, as well as a refit laundry with enhanced linen storage. A Miele washer and dryer are also included with the apartment, adding further ease to the everyday function of the home.

Perfectly positioned above the Long Island Precinct and moments from the Teneriffe River Walk, Gasworks and Newstead's most established dining and lifestyle destinations, Luminare offers a lifestyle defined by design, convenience and connection.

Supported by Cavalé's professional on-site property management team, residents benefit from a seamless level of service and lifestyle enhancements designed to make day-to-day living as effortless as possible.

One-Of-A-Kind Features Unique to Apt 1203:

• Schlage electronic door lock (Keyless Entry).

• 'CTech Mirror' smart home system throughout, compatible with Apple HomeKit.

• Buster + Punch Door hardware throughout.

• Buster + Punch feature lighting to the living room and kitchen.

• Upgraded granite composite sink and premium mixer tap.

• Integrated fridge/freezer

• Integrated Miele Dishwasher

• Miele European Appliances

• Integrated Sonos in-ceiling audio to the living room, bathroom and balcony.

• Motorised Dual Curtains throughout

• Weber Genesis outdoor kitchen.

• Made-to-measure wall-mounted outdoor bar bench with integrated fire pit.

• Feature outdoor green wall.

• Additional GPO to balcony, plus ceiling fan.

• Custom floor-to-ceiling upholstered headboard and bed base to the master bedroom, complemented by bespoke bedside tables with integrated wireless phone charging.

• Mirrored custom joinery to the master bedroom, including dedicated storage for fragrances, jewellery and eight integrated watch winders.

• Refit laundry with enhanced linen cupboard storage.

• Miele washer and dryer.

•

Rooftop Longevity and Lifestyle Amenity:

• Ultra-luxurious 35-metre tiled rooftop swimming pool, immersed in all-day sun and suspended 90 metres above the city, complete with a glass-bottom feature and four-metre cantilevered edge - an Australian first.

• Two exclusive magnesium wellness spas heated to 35°C, featuring a premium blend of natural Dead Sea minerals designed to support detoxification, rejuvenation and relaxation.

• Two traditional Finnish timber saunas reaching up to 90°C, designed to help relieve stress and tension.

• Steam room designed to support skin health, muscle recovery and relaxation through therapeutic humidity.

• Travertine rooftop terrace with Tait Trace sun lounges and an 11-metre custom sunbed, surrounded by premium landscaping and panoramic city views.

• Over $300,000 of Olympic-endorsed, state-of-the-art Technogym equipment, including Skillrun Unity 5000, Skillrow, Skillbike, Excite Climb, Cross Personal Unity, squat rack, multipower, rear kick, chest press, bicep curl, leg press, calf raise, dual adjustable pulley and free weights.

• Dedicated wellness and training equipment including a Pilates reformer, balance domes, yoga balls and 12-metre turf training track.

• Private dining room with custom-built billiard table, fireplace and fully equipped chef's kitchen.

• Alfresco kitchen with two charcoal grills and café-style seating.

• Multipurpose rooftop lawn designed for picnics and relaxed entertaining overlooking the pool.

• Rooftop sound system by global leaders Martin Audio, delivering premium sound coverage across the entire rooftop, including underwater speakers for swimmers.

Listing description written by Ari Shahbazifar, CAVALE — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Floorboards
  • Gym
  • Intercom
  • Outdoor Entertaining
  • Outside Spa
  • Remote Garage
  • Secure Parking
  • Study

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.