OFF MARKET

120 Pound Lane
Newstead VIC 3462

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 141m2
Land area: 2305709m2
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Property Details for 120 Pound Lane, Newstead

120 Pound Lane, Newstead is a 3 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 2305709m2 and floor size of 141m2.

Building Type
House
Year Built
1980
Floor Size
141m2
Land Size
2305709m2
Local Government
Mount Alexander

Last Listing description (May 2022)

Beautifully situated in a treed setting abundant in birdlife this property offers the tranquil lifestyle choice while only being approx. 3.5km from the Newstead town centre with Castlemaine and Daylesford approx. 15-20 minutes drive respectively.
The property sits to the front of the approx. 5 acre parcel and offers all the requirements needed for living off the grid with solar power, generator and excellent storage water for domestic use.
The home is over 2 levels and features 2 bedrooms on the ground floor, main bedroom with french doors to the north facing deck. Central bathroom with claw foot bath and french doors to the verandah, galley style kitchen with walk in pantry overlooking a north facing family room and dining room both with access to a broad north facing entertaining deck.

Upstairs there is a study/office area and a 3rd bedroom option.
Externally the property includes a generous sized barn with loft and fittings for kitchenette and bathroom, chicken run, dam and much more to enjoy in this delightful part of central Victoria.

Property History for 120 Pound Lane, Newstead, VIC 3462

A timeline of how this property has performed in the market
  • 12 Apr 2022
    Listed for Sale SOLD - $690,000

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About Newstead 3462

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:

  • The median value for Houses in Newstead is $588,499 while the median value for Units is $556,157.
There are currently 3 properties listed for sale, and no properties listed for rent in Newstead on OnTheHouse. According to CoreLogic's data, 17 properties were sold in the past 12 months in Newstead.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.