Southeast Queensland’s leading prestige apartment marketing agency, TOTAL Property Group, has announced strong buyer demand for HG Development’s luxury residential development Aire Newstead, with 68% of the project’s 40 spacious residences now sold to discerning purchasers seeking premium inner-city living.
The achievement highlights the continued strength of Brisbane’s prestige apartment market, with owner-occupiers driving sales in one of the city’s most sought-after lifestyle precincts, Newstead North.
A total of 27 of Aire Newstead’s 40 exclusive apartments have been purchased, with an impressive 92% of buyers being owner-occupiers and 88% from across Southeast Queensland, including 72% Brisbane locals who are choosing to secure long-term residences in the city’s most desirable inner-north location.
The dominance of local purchasers highlights the depth of confidence in Brisbane’s prestige market, as well as the lifestyle appeal of larger, design-driven apartments close to the CBD.
TOTAL Property Group Managing Director Adrian Parsons said Aire Newstead’s success demonstrates how boutique developments that prioritise liveability, quality, and location continue to outperform the broader market.
“Brisbane’s luxury apartment market has entered a new growth phase, fuelled by continued interstate migration, economic expansion and significant infrastructure investment in the lead-up to the 2032 Olympics.
“The strong sales results with 72% of purchasers being locals, reveal strong local confidence in Brisbane’s luxury apartment sector and a growing demand for larger, higher-quality residences that combine space, design excellence and a convenient inner-city location.
“We’re seeing a clear shift toward end-user ownership, as downsizers, professionals and families recognise the value of securing large, high-quality apartments close to the CBD, particularly in a market where the supply of luxury residences remains limited.
“Aire Newstead’s home-sized apartments, thoughtful design and exceptional craftsmanship have resonated with buyers who want the comfort and privacy of a home, the vibrancy of an urban lifestyle and the long-term capital growth that Brisbane’s prestige sector is now delivering.
“Construction is progressing strongly under leading builder 5Point as the developer, HG Developments, continues to set new benchmarks in boutique luxury projects, specifically designed for owner-occupiers, and Aire Newstead is no exception.
“With more than 68% of Aire residences already sold, enquiries have remained consistently strong from local prestige buyers,” Mr Parsons said.
Aire Newstead offers an elegant collection of two-bedroom plus multipurpose room (MPR), three-bedroom, and three-bedroom plus MPR apartments priced from $2.35 million.
The Aire Newstead limited collection of 13 remaining apartments represents a rare opportunity to secure a home in one of Brisbane’s most exclusive and well-connected inner-city addresses.
Designed by the award-winning architectural firm bureau^proberts, each Aire Newstead residence has been meticulously crafted to deliver generous proportions, abundant natural light, and sophisticated interiors that cater to the lifestyle expectations of owner-occupiers transitioning from large family homes.
The Aire Newstead project’s design philosophy seamlessly blends space, functionality and refined finishes to ensure every residence feels like a private home, with expansive balconies and open-plan living areas complemented by premium natural materials.
Secure basement parking is provided for all apartments, with a minimum of two car parks per residence, while select larger apartments include three side-by-side car spaces, a feature rarely available in Brisbane’s inner-city developments.
Located on a 1,518sqm site at 25 Maud Street, Newstead North, Aire Newstead occupies a prime position just three kilometres from the Brisbane CBD.
Its location offers direct access to the area’s most celebrated destinations, including Gasworks Plaza, James Street’s fashion and dining precinct, and Newstead River Park. The development’s proximity to major transport connections and riverside amenities has made it a standout choice for both local downsizers and professionals seeking a premium urban lifestyle.
The Aire Newstead Sales Display Centre is open by appointment at TOTAL Property Group, 14b/23 James Street, Newstead.
WORDS: Ocean Road Editorial Staff PHOTOGRAPHY Supplied
Originally Published in Ocean Road Magazine. View article online here