OFF MARKET

16 Palmerston Street
Newstead VIC 3462

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 101m2
Land area: 1258m2
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Last updated 4 Nov 2024
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Property Details for 16 Palmerston St, Newstead

16 Palmerston St, Newstead is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 1258m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
2010
Floor Size
101m2
Land Size
1258m2
Local Government
Mount Alexander
Lot/Plan
1/PS626029

Last Listing description (October 2017)

This recently completed home, set on the edge of Newstead with a delightful bush outlook, is made of Hebel and corrugated iron with veranda on two sides. Inside it comprises a lounge/kitchen with split system and gas flame heater, electric oven with gas cooktop, range hood and dishwasher, 3 bedrooms all with ceiling fans and built in robes and an office. The bathroom has a large shower and toilet, and there is a second shower and toilet outside. The fully fenced block is 1230m2/0.3 acre, has a single carport, and is 900m to the primary school and 1.3km to the centre of Newstead with its shops and caf; it's now ready for you to make this home your own.

Property History for 16 Palmerston St, Newstead, VIC 3462

A timeline of how this property has performed in the market
Last Sold
$555,000
28 Mar 2022
Listed for Rent
$280/w
12 Feb 2016
  • 28 Mar 2022
    Sold for $555,000
  • 13 Dec 2016
    Sold for $294,000
  • 28 Nov 2016
    Listed for Sale $294,000
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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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