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.
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.
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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