Newstead: How the Brisbane suburb became one of the capital's hottest apartment markets

Bide is just a short distance away from Route 25 as well as the Teneriffe Ferry wharf and bus stations for those who choose public transit. As such it is right by the Brisbane river
Newstead: How the Brisbane suburb became one of the capital's hottest apartment markets
Newstead, one of Brisbane's hottest apartment address. Image supplied
Joel Robinson July 22, 2021

Newstead has developed over the years to become one of Brisbane's hottest apartment markets.

The now up-market residential suburb began life as a hotspot for timber yards, asbestos works, wharves and woolstores, dominating much of the predominantly commercial suburb.

Its proximity to the river saw it as a prime development spot.

The suburb takes its name from Newstead House, built and named in 1846 by pioneer grazier Patrick Leslie, which in turn takes its name from Newstead Abbey in Nottinghamshire in England. It remains the only heritage-listed building in Newstead.

The suburb was served by first horse drawn trams from 1885. By 1897, electric trams ran along Commercial Road.

The suburb's most sought-after addresses are as close to the water as possible. Newstead Terrace and Skyring Terrace, which runs down toward Teneriffe, home some of the most expensive apartments and houses in the area.

Just off Skyring Terrace is Longland Street, which is set for a new residential development. Pitched at the owner-occupier is Bide, the 89 apartment tower by Dibcorp.

Designed in collaboration with architects from Twohill & James, Lat27 and Wiltshire Stevens Architecture, Bide offers just 89 three-bedroom apartments, designed as an urban getaway just three kilometres north-east of the Brisbane CBD.

The dynamic suburb offers residents every desired amenity, with lifestyle, commercial and entertainment hubs within walking distance.

On the doorstep of Bide is Gasworks Plaza, home to a Woolworths as well as a number of specialty stores. It is home to a number of restaurants, cafes and coffee shops like Ping Pong, Yolk and Campos Coffee. 

Other Longland Street dining establishments include Smoky Moo, The Defiant Duck, Drum Dining and the Milky Lane Newstead.

Cutting across Longland are a number of side streets like Stratton and Wyandra, home to a number of retailers and boutiques for residents to explore like a Think 24hr fitness, Smile Studio, and Brisbane Skin.

Newstead borders Fortitude Valley, with The Calile Hotel just a 800 metres away from Bide. There's the busy James Street with their markets, as well as the Judith Wrights Art Centre and Holey Moley Golf Club.

Bide is just a short distance away from Route 25 as well as the Teneriffe Ferry wharf and bus stations for those who choose public transit. As such it is right by the Brisbane river.

The proximity to schooling, as well the large three-bedroom apartments on offer, make Bide attractive for families. The nearby educational institutions include:

- Torrens University Australia - Satellite campus - 1.4km away

- University of Queensland - Satellite campus - 1.9km away

- Queensland University of Technology - Main campus - 3.3km away

- New Farm State School - Public School - 1 km away

- Music Industry College - Private School - 1.1km away

- Angelorum College - Private School - 1.1km away

Dibcorp has offered residents the opportunity to work hand in hand to tailor the layout, configuration and finishes of their apartment. 

Apartments inside feature open-plan living and dining, a balcony space and a study nook in some apartments for working from home.

Inside, residents can enjoy 600 sqm of amenity across two levels, including barbeque facilities, private cabanas, landscaped areas and seated space throughout.

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Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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