Newstead
Postcode: 4006
Newstead is a riverside suburb of the city of Brisbane, Queensland, Australia. It is situated 3km north of the Brisbane central business district. The north-west portion of the suburb, centred on Breakfast Creek Road, is predominantly commercial, with the remainder of the suburb now mainly residential.
Newstead is known for trendy cafes and restaurants, upmarket studio apartments and renovated older homes with well-established gardens. It is one of the more expensive suburbs in which to purchase a property in Brisbane, with the mean house price for the 2004 calendar year reaching $640,000.
The suburb’s present role as an up-market residential suburb belies its industrial past. Timber yards, asbestos works, a major gas works (which produced town gas from coal) and several tall gasometers, wharves and woolstores once dominated the eastern side of the suburb.
Pride of the suburb is Newstead House, Brisbane’s oldest existing home, built for pioneer Darling Downs squatter Patrick Leslie in 1845. It is set in superb grounds overlooking the mouth of the creek and is within easy walking distance of the famed Breakfast Creek Hotel – a flamboyant Victorian structure which has been described as ‘the very soul of Brisbane’.