102 Omega Reef Rd, Newstead is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 41216m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Offering a peaceful setting adjoining state forest and only 4km to Newstead and 18km to Castlemaine, this unique stone, timber and rendered residence offers much space for country pursuits on its own private 10 acres of bushland. North facing, with double carport attached and a shady veranda running the length of the home, the residence lends itself to growing families with a selection of large rooms that can be interpreted in different ways depending on need. Offering a multitude of uses are 2 large living spaces with wood heaters, exposed stone walls, raked ceilings, brick floors and French doors and another large open plan lounge room adjoining the timber kitchen with its feature wood fired range and slate floors. A separate dining space is just steps from the kitchen action. There are 2 bedrooms downstairs, one with WIR and a huge 3rd bedroom measuring 8m x 4 m. Sitting atop the home is a private loft bedroom or study space. A central family bathroom has shower over bath and toilet and the nearby laundry opens to a sheltered back veranda. Supplied by water tanks and with a picturesque dam attracting all manner of wildlife, the home is well situated to enjoy the views of nearby bushland and offers great value for money in a beautiful setting.
The size of Newstead is approximately 46.7 square kilometres. It has 3 parks covering nearly 21.1% of total area. The population of Newstead in 2011 was 802 people. By 2016 the population was 750 showing a population decline of 6.5% in the area during that time. The predominant age group in Newstead is 60-69 years. Households in Newstead are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Newstead work in a professional occupation. In 2011, 78.5% of the homes in Newstead were owner-occupied compared with 82.6% in 2016.
Newstead has 604 properties. Over the last 5 years, Houses in Newstead have seen a 34.51% increase in median value. As at 31 October 2024:
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