SOLD
Sold on 11 Jul 2024 for $840,000

14 Omega Reef Road
Newstead VIC 3462

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Land area: 169968m2
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Sold By
Keogh Real Estate Castlemaine
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Property Details for 14 Omega Reef Rd, Newstead

Building Type
Rural
Land Size
169968m2
Local Government
Mount Alexander
Lot/Plan
10A~1/PP3562

Last Listing description (July 2024)

Privately located on 42 acres of mixed bushland and grazing paddocks, with three dams and State Forest at the rear.

Surrounded by wide verandahs, this country home offers four bedrooms, open plan kitchen and living, main bathroom, separate internal toilet and laundry.

Features include stone walls, wood heater, split system and ceiling fans.

This quality home has been built to last, constructed from solid bluestone with steel frame and a colorbond roof. Mains power is connected and there is Solar.

Beyond the house is a 6m x 6m carport for storage of vehicles or caravan, 3m x 6m shed and 9.2m x 6m machinery shed with adjoining 12.2m x 3.5m carport.

Located only 6 minutes from Newstead where the conveniences of the grocer, bakery, butcher, primary school and community are close by.

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Property History for 14 Omega Reef Rd, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$840,000
11 Jul 2024
  • 11 Jul 2024
    Sold for $840,000
  • 08 Jul 2024
    Listed for Sale Not Disclosed
  • 02 Nov 2023
    Listed for Sale Not Disclosed
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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 606 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, 16 properties were sold in the past 12 months in Newstead.

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